Korea Shipping orders BC quartet [Shipbuilding]
Korea Line Corporation announced on April 28 that the Korean shipping company's subsidiary Korea Shipping Corporation has decided to order new four bulkers.  The order value is around KRW 110.7bn ($98,000,000) and the trading partner is a...
2017-05-02 07:11:48
Six dead as crane collapses at SHI [General]
A tower crane collapsed at the Samsung Heavy Industries yard on May 1, at about 2:50pm, causing an accident that hit workers who were at rest. The tower crane, which is about 60 meters in height, is a 32t-class one installed on the No7 quay wa...
2017-05-02 07:10:12
MHI delivers 2nd cruise ship for AIDA Cruises [Shipbuilding]
Mitsubishi Heavy Industries delivered AIDAperla, the second of two large cruise ships built for AIDA Cruises, on April 27 at its Nagasaki Shipyard & Machinery Works. This follows the delivery on March 14, 2016 of AIDAprima, the sister ship...
2017-05-01 07:49:38
ABB-IBM make strategic collaboration [General]
ABB and IBM have recently announced a strategic collaboration that brings together ABB’s industry leading digital offering, ABB Ability, with IBM Watson Internet of Things cognitive capabilities to unlock new value for customers in utilities, i...
2017-05-01 07:47:28
MAN-MES introduce new SCR [Equipment]
At an event in Tamano, Japan on April 11, MAN Diesel & Turbo and its licensee – Mitsui Engineering & Shipbuilding – introduced its new high-pressure Selective Catalytic Reduction system – MAN SCR-HP – to the market in front of a s...
2017-05-01 07:44:56
Wartsila posts 4% upturn in net sales [Finance]
Wartsila released its interim report for the first three months of 2017 on April 26.  HIGHLIGHTS OF THE REVIEW PERIOD JANUARY-MARCH 2017 - Order intake increased 11% to EUR 1,413 million (1,271) - Net sales increased 4% to EUR 1,007 m...
2017-05-01 07:37:43
Dresser-Rand wins compressors for Mad Dog 2 [Equipment]
The Dresser-Rand business, part of Siemens Power and Gas Division, received an order from BP to provide rotating equipment for the Mad Dog 2 project in the deepwater Gulf of Mexico. The scope of supply comprises two DATUM compressor trains driven...
2017-05-01 07:33:09
MacGregor sells shares of Woodfield Systems [Finance]
MacGregor, part of Cargotec, announced on April 27 that it sells the majority shares of Woodfield Systems Ltd. Woodfield became part of MacGregor in January 2014, when MacGregor acquired mooring and loading systems unit from Aker Solutions. Woodf...
2017-05-01 07:31:06
KR signs MOU for LNG-fuelled ship [Equipment]
Korean Register of Shipping (KR) said it signed an MOU with LNG Engineering Organization, ISSAC E&C and Trans Gas Solution to jointly cooperate in user training system for LNG-fuelled ship. The LNG fuel-related field, which is expected to ...
2017-05-01 07:26:28
Busan to develop portable LNG plant [Offshore]
Busan Metropolitan City has announced that 'Development of Modularization Engineering Package and Demonstration Technology for Portable Small-sized LNG Plant' has been selected in the 1st Industry Core Technology Development Competition Project h...
2017-05-01 07:23:57
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