Logistics vessel with certified Wartsila engine launched [Equipment]
The launch of the L’Astrolabe, a 72 metre polar logistics vessel fitted with a complete Wärtsilä propulsion machinery package and Wärtsilä NOR (NOx Reducer) SCR (Selective Catalytic Reduction) exhaust gas cleaning systems for all the main e...
2017-07-25 07:26:28
HHI delivers new VLCC to Bahri [Shipbuilding]
Already the world’s largest owner and operator of Very Large Crude Carriers (VLCCs), Bahri, a global leader in transportation and logistics, has further expanded its multipurpose fleet with the addition of ‘ASLAF’, a 300,000-dwt carrier bui...
2017-07-25 07:23:24
ABG goes through bankruptcy process [Finance]
India's largest privately-owned shipyard ABG Shipyard is finally going to go through a bankruptcy process due to its default.  It seems that multiple creditors have submitted petitions for the liquidation of the debt ridden company, a Ind...
2017-07-25 07:20:49
Philly signs LOI for 2+2 boxships [Shipbuilding]
Philly Shipyard has entered into a Letter of Intent (LOI) with a blue chip U.S. shipping operating company for the construction and sale of up to four new, cost-efficient and environmentally friendly containerships. They are planned for delive...
2017-07-25 07:20:03
Korea to develop autonomous ship technology [Shipbuilding]
While ship operating technologies are evolving gradually, Korean leading industrial and academic institutes are making efforts to remove errors of judgement in ship operation with advanced ICT technologies.   Moon Kyung-Duk, senior resear...
2017-07-25 07:19:16
Unmanned vessel era begun in Europe [Shipbuilding]
Norway's Yara International ASA and Kongsberg are developing unmanned and fully electric containerships, which will be operational around the end of 2018. According to the Wall Streat Journal, the Yara Birkeland will cost $25m, about three tim...
2017-07-25 07:18:22
Korean Big3, 2Q performance 'sunny' [Shipbuilding]
Korean Big 3 shipbuilders are expected to record handsome performance in the second quarter of this year. In particular, Daewoo Shipbuilding & Marine Engineering is likely to see the historic record in the first half of this year. Accord...
2017-07-25 07:16:18
Fortune Ocean joins 'Kamsarmax boom' [Shipbuilding]
Dalian-based Fortune Ocean Shipping is constantly expanding the volume of its fleet.  The company is said to have recently ordered up to six (4+2) Kamsarmax 82,000 dwt bulkers from Tianjin Xingang Shipbuilding Heavy Industries, a member o...
2017-07-25 07:15:24
SCF expected to build LNG-fueled TK in homeland [Shipbuilding]
SCF Group (Sovcomflot) has recently announced that the Russia's state-owned operator plans to build LNG-fueled Aframax tanker in the country. According to foreign presses and industrial sources, SCF Group owns 160 vessels now and only four of ...
2017-07-25 07:14:23
World’s first floating wind farm starts to wield its blade [Offshore]
The world’s first full fledged floating wind farm has emerged off the north-east coast of Scotland.   The Peterhead wind farm is being built as a part of ‘Hywind Scotland’, the world’s first verification project for floating offsho...
2017-07-25 07:13:43
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