Korea hogs 1H LNGC orders
It turned out that about 30 LNG carriers were newly ordered in the first half only. According to TradeWinds and industrial data, global shipbuilding industry saw 16 new LNG carrier orders in the first quarter, followed by eight units in the se...
H-Line signs LNG bulker MOU with HHI
H-Line Shipping has signed an MOU with Hyundai Heavy Industries (HHI) for two LNG powered large bulkers, it is said. It is also understood that Hyudai Samho Heavy Industries (HSHI) will build the units. According to foreign media and the indus...
Shipbuilders keep consuming orderbook
Global newbuilding orderbook recorded 198.7m dwt (75.3m cgt, 3,017 units) at the end of June, which is 11% lower compared to the beginning of the year in terms of the number of units (6% lower in terms of dwt). As of the end of June, according...
SHI sees up in both revenue and loss
Samsung Heavy Industries (SHI) announced through a regulatory filing on July 23 that the company posted revenue of KRW 1.3466trn (about $1.19bn), but saw a KRW 100.5bn operating loss for the second quarter of 2018. The revenue saw a 8....
HHI logged KRW175.7bn loss in Q2
Hyundai Heavy Industries (HHI) released slightly higher quarterly revenue thanks to the exchange rate and increasing work volume. HHI reported through a regulatory filing on July 23 that its Q2 result (consolidated basis) logged KRW3.1244 of r...
SHI wins special vessel trio
Samsung Heavy Industries (SHI) announced through a regulatory filing on July 23 that the company has won three special vessels from a North American shipowner. The value of the deal amounts to KRW 415.7bn (approximately $367.5m), which is equi...
LMG Marin signs ferry design contract
LMG Marin has been awarded for the design of two battery-plug-in double ended ferries for the Festøya-Solavågen connection. The two vessels, with a capacity of 296 passengers and 120 personal cars will feature innovative solutions for environme...
ADNOC awards 3D seismic survey
The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues t...
WSIC garnered two feeder ships
Qingdao-based outfit China Master Logistics have ordered two 700-teu feeder containerships at CSIC-affiliated Wuchang Shipbuilding Industry (WSIC). The two units will be delivered in next year, linking Qingdao to many regions such as Tianjin, ...
Onomichi won compatriot MR TKs
Japanese operator Nissen Kaiun ordered two mid-sized tankers to a compatriot yard. According to TradeWinds and industry sources, the operator has ordered two MR tankers at Onomichi Dockyard for 2020 delivery. The units are known to feature ...
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