SHI signs with Teekay to build LNG-fueled shuttle tankers [Shipbuilding]
Teekay Offshore Partners announced on July 27 that it signed conditional shipbuilding contracts with Samsung Heavy Industries (SHI).   The contract includes two firm suezmax DP2 shuttle tankers with options to build two more.   The ...
2017-07-31 07:10:47
Global newbuilding orderbook is drying up [Market Information]
At the end of June (or beginning of July), 2017, global newbuilding orderbook recorded 185.9m dwt (76.1m cgt, 3,140 units), which is 16% decrease by units and 17% by dwt since the start of this year. The result can be seen as a result of weak NB ...
2017-07-28 17:20:56
Chinese shipbuilding industry frowned in 1H [Market Information]
Chinese shipbuilding industry made 29% yoy decrease in 1H 2017 in newbuilding order intakes. There was brief good moment in bulker orders with bulker charter rates upturn, but the overall result was worse than even H1 2016, when the shipyards exp...
2017-07-28 17:18:51
Korean shipbuilders having a banner year so far [Market Information]
1H Newbuilding order intake of global shipbuilding industry is estimated to be 321 units at 23.8m dwt (9.2m cgt), showing 55% increase yoy in terms of dwt.   According to Clarkson Research, in global tanker newbuilding order intake, small ...
2017-07-28 17:16:32
Number of 'active' yards down by 62% [Market Information]
The number of 'active shipyards (with at least one unit of over 1,000 gt on order)' in the world was 934 in early 2009 when the current shipbuilding cycle was close to the peak. In early July, 2017, however, according to Clarkson Research, the nu...
2017-07-28 17:14:36
ABS joins Unmanned Cargo Ship Development Alliance [Shipbuilding]
ABS joined the Unmanned Cargo Ship Development Alliance to work with industry partners, including class organizations, shipyards, equipment manufacturers and designers to advance autonomous shipping.  The design will integrate features of in...
2017-07-28 07:38:51
PETRONAS abandons Pacific NorthWest LNG project [Offshore]
PETRONAS and its partners have decided not to proceed with the Pacific NorthWest LNG project at Port Edward in British Columbia, Canada. The decision was made after a careful and total review of the project amid changes in market conditions.&n...
2017-07-28 07:37:10
Wartsila supplies scrubber for Japanese BC duo [Equipment]
The technology group Wärtsilä has been contracted to supply the exhaust gas cleaning systems for two new 56,000 DWT Handymax bulk carriers. The ships are being built at Oshima Shipbuilding Co., Ltd. in Japan for Tokyo based NYK Bulk & Proje...
2017-07-28 07:34:32
Nacelle-mounted ZephIR Lidar passes DNV-GL verification [Offshore]
An independent performance verification of a nacelle-mounted ZephIR Lidar has been undertaken by DNV GL on the test site in Janneby, Germany which demonstrates the product is compliant with best-practice guidelines developed in the EUDP UniTTe pr...
2017-07-28 07:32:31
Clean separator disks in 20 minutes with GEA EffiClean [Equipment]
Efficient and environmentally friendly disk cleaning for GEA mineral oil centrifuges Manual cleaning of mineral oil centrifuges’ disk stacks is a tedious and time consuming process, often taking more than eight hours. To streamline this task...
2017-07-28 07:29:49
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