Mitsui & Co carrying out fleet expansion
Mitsui & Co of Japan has focused on expanding its fleet volume by placing new orders at its compatriot and Chinese shipyards. According to TradeWinds and industrial sources, Mitsui ordered two 180,000 dwt bulkers from Yangzijia...
Hapag-Lloyd considers LNG fuel option
German operator Hapag-Lloyd is said to have considered LNG fuel option actively in order to deal with incoming sulphur emissions laws. Hapag CEO Rolf Habben Jansen reportedly said on the recent earnings call that the company is considering the...
"Shipbuilding: Full-fledged recovery from 2019“
A major market research firm predicted that shipbuilding industry will finally enjoy a substantial growth from 2019. In a report released at Clarkson Shipbuilding Forecast Club in March, Clarksons seems to be expecting a positive future in shi...
Fincantieri reveals 2022 management goal
Fincantieri has recently announced its 2018-2022 management target, as well as 2017 business results. The Italian shipbuilding giant posted high revenues last 2017, exceeding EUR 5bn (around $6.158bn). The revenue also represents a...
Nautilus Minerals mining vessel launched
Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announced on March 29 that its production support vessel was today launched at the Mawei shipyard in China. The vessel will be used by Nautilus and ...
Zamakona won two feeders
Royal Arctic Line (RAL) of Greenland is understood to have ordered two feeder containerships at Zamakona Yards at Bilbao, Spain. Sources told that the units will feature Havyard’s concept design, and will be delivered in coming 2020. RAL ...
CSBC won two feeder ships
It is learned that Taiwanese liner TS Lines have ordered two feeder boxships at a compatriot yard, CSBC. According to foreign media and industry, TS Lines have placed an order for two 1,800-teu containerships to receive delivery by the end of ...
Tortue FPSO falls into China's hands?
China is reportedly in an advantageous position in a contest for oil major BP's floating production storage and offloading (FPSO) unit that is for $5.8bn Tortue project. It was previously said that the Hyundai Heavy Industries (HHI)-KBR ...
Knutsen exercises LNGC option at HHI
Norway's Knutsen OAS Shipping exercised an option for one LNG carrier it held at Hyundai Heavy Industries (HHI). According to foreign media outlet and industrial source, the additional 180,000 cbm option was attached to an agreement sign...
HHI’s 3-Hold FSRU won AiP by DNV GL
Hyundai Heavy Industries (HHI) won AiP for the basic design of 170K-cbm 3-Hold LNG-FSRU from DNV GL. HHI so far have taken orders for 10 units of FSRU, and built its presence with cutting-edge technologies including Glycol-heated regasificatio...
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