SUMEC abandons LEGC construction
It turned out that Jiangsu-based machinery manufacturer SUMEC Group does not intend to continue building one uncompleted liquefied ethylene gas (LEG) carrier at its compatriot private shipbuilder Sinopacific Offshore & Engineering (SOE). ...
ABS' guide for liquefied gas barges with remote control
ABS released guidance to assist shipyards and barge operators: The Guide for Building and Classing Liquefied Gas Tank Barges with Remote Control and Monitoring of Essential Systems. The Guide provides requirements for the design and constr...
StormGeo-DNV GL to combine fleet performance solutions
StormGeo and DNV GL announced on February 7 that they have signed an agreement to consolidate their fleet performance solutions under one banner. The agreement will combine DNV GL’s ECO Insight and Navigator Insight solutions with StormGeo’s ...
To whom SHI VLEC trio goes?
The interest is focused on who is the new owner of six very large ethane carriers (VLECs) Delos Shipping ordered from Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI) by three units each last 2018. Regarding a letter of ...
SHI deliberates on acquiring DSME
Samsung Heavy Industries (SHI) has been deliberating over acquiring Daewoo Shipbuilding & Marine Engineering (DSME). After receiving an offer from Korea Development Bank (KDB) regarding the acquisition of DSME, the management of SHI ...
"Nothing to stop Korean 'Big2' from merging"
If it officially takes over Daewoo Shipbuilding & Marine Engineering (DSME), according to the Wall Street Journal (WSJ), Hyundai Heavy Industries (HHI) is expected to account for 20% shares of the global new order sales market and, in particu...
Uljanik to be embraced by compatriot rival
Distressed Uljanik Group has chosen a compatriot rival shipbuilder Brodosplit as a new strategic partner. The company recently announced through a regulatory filing that Brodosplit is chosen as a new strategic partner, and the partner company ...
3. Maj grabs a car carrier
3. Maj Shipyard under Uljanik Group has won a new car and truck carrier in a turmoil, it is said. Sources told that the Commercial Court in Rijeka, which was about to proceed with the bankruptcy of 3. Maj, has postponed the decision by Februar...
ABS grants AIP for DSIC designs
ABS granted Approval in Principle (AIP) to two LNG powered designs from China’s Dalian Shipbuilding Industry Group Co (DSIC). DSIC’s designs include a 208,000 dwt bulk carrier and a concept 260,000 dwt Very Large Ore Carrier (VLOC). “...
"Shipbuilders' recovery continued in 2018"
It turned out that a recovery trend continued in global shipbuilding industry last year, after hitting rock bottom in 2016 when shipyards suffered from order drought. Steve Gordon, Managing Director of Clarksons Research, has recently ex...
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