Shipbuilding
'Korea Shipbuilding & Offshore Engineering' launch
After physical division of Hyundai Heavy Industries (HHI), Korea Shipbuilding & Offshore Engineering (KSOE) was officially launched on June 3 under the holding firm HHI Holdings.  KSOE had a board meeting on the day at Hyundai's Gye-d...
2019-06-04 08:29:20
SunStone adds more INFINITY Class ship
SunStone Ships has been moving along steadily with ordering and building the INFINITY Class Vessels. The company signed an agreement Wednesday, May 29, 2019 in Hong Kong, China for the INFINITY Class Vessel No. 7, continuing with the European des...
2019-06-03 10:13:18
Norled orders world's 1st hydrogen ferry
Norled, an affiliate of Norwegian tanker operator DSD Shipping, is said to have ordered two car ferries from its compatriot Westcon Yards AS. One of the two newbuilds will use hydrogen fuel for the first time in the world, while the other one hav...
2019-06-03 08:23:40
Total & Shell to secure large LNGBV
Two global oil majors Total and Royal Dutch Shell open a tender for building and chartering new LNG bunkering vessel (LNGBV).  According to TradeWinds and industrial source, Total has recently circulated requirements in the market for one...
2019-06-03 08:23:15
Korea inks MOU for 3D printing
South Gyeongsang Province of Korea entered into a business agreement with institutes related to certification for 3D printing of shipbuilding sector on May 30 at the building of the Gyeongnam Provincial Government Office, South Gyeongsang Provinc...
2019-06-03 08:22:50
Fredriksen splashes $500m for newbuildings
Norwegian shipowner John Fredriksen is pursing a tanker newbuilding project worth over $500m in China. TradeWinds reported on May 30 that one of his private companies, Seatankers Management has ordered 2+2 115,000-dwt LR2 product tankers at Sh...
2019-05-31 16:25:24
Kyklades orders Suezmax units at HSHI
Sources told that Kyklades Maritime of Greece is behind the two 158,000-dwt crude oil tankers Hyundai Samho Heavy Industries (HSHI) won last week from a “European owner.” TradeWinds and sources told Kyklades placed the pair, which were opt...
2019-05-31 15:54:51
"HHI expects to increase orders from June"
There is an expectation that Hyundai Heavy Industries (HHI) will see an increase in its new order intakes from next month.  Yang Hyung-mo, a researcher at eBest Investment Securities of Korea, noted on May 29, "Early this year, Korean 'Bi...
2019-05-31 08:40:41
Korea to replace old ferry and pleasure boats
227 new vessels will be built in Korea over the next five years for replacement of about 150 old ferry and pleasure boats which are to be scrapped by 2023. The Ministry of the Interior and Safety (MOIS) of the country entered into a business a...
2019-05-31 08:40:14
Pantheon scores TK order debut in China
Pantheon Tankers led by Greek shipowner Lou Kollakis ordered Aframax tankers from CSSC-affiliated Shanghai Waigaoqiao Shipbuilding (SWS).  The tanker order is receiving spotlight as it is the first one Pantheon Tankers placed at Chinese s...
2019-05-31 08:39:27
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