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HHI might win 22 tankers
[Shipbuilding]
Trafigura, a world-class crude oil trading company, is reportedly considering ordering 22 tanker newbuildings from Hyundai Heavy Industries. According to TradeWinds and industry sources, Trafigura will return to tanker owner and plans to order...
2017-05-15 07:10:09
Reliance Power to build FSU terminal
[Offshore]
Reliance Power is to build a floating storage unit (FSU) terminal in Bangladesh. According to industry sources, the India’s private power company has recently signed a power purchase agreement with the Bangladesh Power Development Boar...
2017-05-15 07:09:06
Ulsan to set up research center
[General]
Ulsan Metropolitan City of Korea has recently confirmed a plan to establish a national shipbuilding and offshore plant research center. The city held 'the final briefing session for setting up shipbuilding and offshore plant research center' o...
2017-05-15 07:08:28
Japanese yards fill 2019 slots
[Shipbuilding]
It has turned out that the specialized shipbuilders of Japan have filled or sold their 2019 slots. According to MarineNet, Japanese shipyards developed diversification of product mix as they try to go beyond 'bulker' construction over th...
2017-05-15 07:07:36
Korean Big3 shipbuilders head for Oslo
[General]
Korean 'Big3' shipbuilders will attend 'Nor-Shipping 2017', one of the largest global maritime exhibitions, which runs from May 30 to June 2 in Oslo of Norway. According to industry sources, Hyundai Heavy Industries, Daewoo Shipbuilding...
2017-05-15 07:05:50
Deluge of VLCC orders expected to diminish
[Shipbuilding]
There is much attention towards a increase in the prices of very large crude carriers (VLCCs) on the strength of rising new orders early this year. According to industry sources, over 30 VLCC newbuildings have been ordered so far this ye...
2017-05-15 07:05:04
Timetec develops design system for BWTS installation
[Equipment]
Timetec has recently announced that the Korean software provider developed 'TTM S-DESIGN', an integrated design system for the installation of ballast water treatment system (BWTS). TTM S-DESIGN features 3D design with a background of po...
2017-05-15 07:04:01
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