KHI announces reorganization plan [Shipbuilding]
Kawasaki Heavy Industries, Ltd. (KHI) has experienced a slump in the Ship & Offshore Structure segment in the past few years and has also recorded large losses in the past two years.  For this reason, a restructuring committee headed ...
2017-04-04 07:45:26
Jotun opens new R&D facility [General]
Jotun announced on March 31 that it is opening a state of the art research and development centre at its site in Flixborough, United Kingdom. The GBP 4.5 million facility will focus on passive fire protection and insulation coatings innovation, c...
2017-04-04 07:38:47
ABS publishes new guidance for FSRU [Offshore]
ABS has recently published the ABS Guide for Building and Classing LNG Regasification Vessels, outlining guidance for classing LNG regasification vessels.   “ABS has developed this industry-leading guidance based on extensive experience ...
2017-04-04 07:35:21
Langh Tech wins 'Green Ship Technology' award [Equipment]
Langh Tech’s closed loop scrubber process has recently won first place in the Green Ship Technology category of awards at the Green Ship Technology Conference in Copenhagen. Companies were nominated for recent accomplishments, from the period o...
2017-04-04 07:32:50
Aker to take over Norwegian oil-services provider [General]
It emerged that Aker Solutions agreed to buy oil-services provider Reinertsen to build on its position as a leading maintenance and modifications supplier offshore Norway. The asset deal is set to be concluded in the second quarter, giving Ake...
2017-04-04 07:30:58
ExxonMobil discovers new oil [Offshore]
Exxon Mobil Corporation (NYSE:XOM) has recently announced positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Li...
2017-04-04 07:28:19
NKK(UK) becomes accredited certification body [General]
It turned out that Nippon Kaiji Kyokai (UK) Ltd, a subsidiary of the leading classification society, ClassNK, has become an accredited Certification Body. The accreditation was granted by the UK national accreditation body UKAS (United Kingdom Ac...
2017-04-04 07:26:31
HHLA expects stable performance this year [Finance]
By developing digital businesses and digitalising its technological solutions, Hamburger Hafen und Logistik AG (HHLA) intends to create new growth opportunities moving forward. On the occasion of the financial press conference of the publicly lis...
2017-04-04 07:23:53
Korea Ratings downgrades Big2 rating [Finance]
Korea Ratings (KR) has downgraded credit rating of domestic shipbuilding companies.   Through the latest adjustment, Hyundai Heavy Industries and Samsung Heavy Industries have seen their ratings lowered by one notch, respectively. It was t...
2017-04-04 07:20:09
Sanoyas gets ABS AIP for LNG fuel supply system [Equipment]
Sanoyas Shipbuilding Corporation announced on March 30 that the Japanese shipbuilder attained the approval in principle (AIP) from the American Bureau of Shipping (ABS) for its LNG fuel supply system for ship, which has been developed jointly wit...
2017-04-04 07:19:30
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