HHI receives approval for VLCC 'eco-tanker' design
LR has presented HHI (Hyundai Heavy Industries Co. Ltd) with approval in principle (AiP) for a Very Large Crude Carrier (VLCC) ‘eco-tanker’ design, capable of using a combination of volatile organic compounds (VOC) mixed with LNG as fuel and ...
CMHI wins car carrier duo
CSC RoRo Logistics, a subsidiary of China Merchants Energy Shipping (CMES), turns out to have ordered two 3,800 ceu car carriers from China Merchants Heavy Industry's (CMHI's) Jiangsu shipyard. According to industrial source and foreign ...
Color Hybrid awarded 'Ship of the Year' at Nor-Shi...
Color Line’s plug-in hybrid ship Color Color Hybrid won Ship of the Year 2019 prize at Nor-Shipping 2019. The ship is under construction at Ulstein Verft for debut in this summer. The ship will run a route between Sandefjord of Norway and St...
"Shipowners need to consider future fuel"
Shipowners are advised to consider that ship fuels will be diversified in future when they order new vessel. At Nor-Shipping 2019 this week (June 4-7, Oslo, Norway), Remi Eriksen, CEO at DNV GL, pointed out that the IMO's 2030 greenhouse...
Korean ship exports up by 44.5% in May
Last May, Korea posted exports of $45.91bn, down by 9.4% year-on-year, as well as imports of $43.64bn, representing a 1.9% y-o-y downturn. As a result, the country achieved the 88th consecutive profitable month with a trade balance of $2.27bn.&nb...
HHIC receiving retirement application
Hanjin Heavy Industries and Construction (HHIC) is receiving applications for voluntary retirements amid its normalization efforts. HHIC stated that the company is receiving applications for “voluntary retirements with up to 12-month compens...
Seaspan in LNG portfolio development
Canadian company Seaspan is empowering its LNG-related businesses for more diverse cash source. Company CEO Bing Chen said in a recent interview that the market interest in LNG-fueled and dual fuel vessels is growing, and Seaspan wants to expa...
Qatar extended LNGC fleet tender
Qatargas, an affiliated company of Qatar Petroleum, has extended the proposal deadline for 40+40 LNG carriers from May 27 to June 17. Sources told that yards are facing difficulties in pricing the ships, as the earliest delivery should be in 2...
DSME envisioning digital twin applications with partners
DSME envisioning digital twin applications with partners Daewoo Shipbuilding & Marine Engineering (DSME) announced on June 5 that the company and partners including Korea Maritime and Ocean University (KMOU), NAPA, and AVL LIST signed stra...
Cammell reveals plan for new Ro-Pax ship
British shipyard Cammell Laird will today announce at the Nor Shipping trade fair in Oslo ambitious plans to disrupt the new-build ferry market with a new specially designed Ro-Pax ferry. Birkenhead, Liverpool City Region based Cammell Laird i...
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