Oranjewerf delivers new W2W vessel [Offshore]
Damen Shiprepair Oranjewerf (Oranjewerf) has bid farewell to VOS Start, Vroon BV’s first DP2, subsea-support, walk-to-work (W2W) vessel. The 80m VOS Start arrived at Oranjewerf on 1 June from her build yard in China for the installation of a mo...
2017-07-28 07:27:35
World first deployment of rigid sail and solar power system [Shipbuilding]
Eco Marine Power has begun preparing for sea trials of its Aquarius Marine Renewable Energy (MRE) solution in co-operation with strategic partners and ship owner Hisafuku Kisen K.K. of Onomichi, Japan.  This preparatory work will lead to ...
2017-07-28 07:25:10
Pappas adds boxships at SWS [Shipbuilding]
Greek shipowner Petros Pappas-led Oceanbulk is rumoured to have swapped containerships for bulkers at Shanghai Waigaoqiao Shipbuilding (SWS). While it was reported that Oceanbulk ordered a series of large bulkers from SWS, new details have eme...
2017-07-28 07:24:14
France shows intention to rationalize STX France [Shipbuilding]
The French government turns out to have showed its intention to rationalize STX France. According to a foreign press, it is known that the Italian government has recently rejected France's suggestion regarding splitting the shipyard's capital ...
2017-07-28 07:23:23
FSRUs a better investment opportunity than LNG carriers [Offshore]
Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current asset prices and charter rates are higher compared with standard LNG vessels, according to the latest edition of the LNG Forecaster rep...
2017-07-28 07:22:46
"Crude tanker cycle will see 2018 recovery" [Shipping]
Teekay Marine Markets say it is coming to the bottom of this current cycle in the tanker market and the market will turn in second half of 2018.  Christian Waldegrave, head researcher at Teekay, explained Fleet growth and OPEC cuts made J...
2017-07-28 07:21:18
Is cruise ship game changer? [Shipbuilding]
With a help from the current cruise ship boom, Meyer Werft, one of the major German shipyards, and Fincantieri, Italy's state-owned shipbuilder, have been listed on the world's large shipbuilding groups in value (ship price) terms.   Meye...
2017-07-28 07:20:30
KMOU-KIMM join hands for R&D activities [Shipbuilding]
The Korea Maritime and Ocean University (KMOU) signed a memorandum of understanding (MOU) for mutual cooperation with the Korea Institute of Machinery and Materials (KIMM), an affiliate of the Ministry of Science, ICT and Future Planning (MSIP) o...
2017-07-28 07:19:14
Transocean secured work for its deepwater drillship [Offshore]
Transocean, a leading offshore contractor announced that it has secured a short-term charter for a rig which has been idle for almost a year.   The rig, Development Driller III is a deep-water semi-submersible rig. It will be deployed to t...
2017-07-28 07:18:08
HMD labor and management agree to tentative agreement [General]
Hyundai Mipo Dockyard (HMD) draw a tentative agreement for this year’s wage negotiation.   In 13th wage negotiation held on July 26 in Ulsan HQ, two parties tentatively agreed to freeze base pay (except KRW23,000 by a set annual pay rais...
2017-07-28 07:17:14
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