Yangfan seeking for new investors [Shipbuilding]
It emerged that Qingdao Yangfan Shipbuilding of Yangfan Group is seeking for new investors.   According to a foreign press, the insolvent shipbuilder has recently released a notice seeking new investors and potential investors have been gi...
2017-07-21 07:21:16
BWMC delay led to tanker market view revision [Equipment]
The recent IMO decision to postpone BWMC enforcement for another two years for existing vessels seems to extend the life of aged tankers, putting even more time before the tonnage oversupply could be resolved. Charles R. Weber Company (CR Webe...
2017-07-21 07:20:34
KOGAS join forces for abroad FSRU development projects [Offshore]
Korea Gas Corporation (KOGAS), a Korean public natural gas company signed on July 18 an agreement to collaborate in abroad FSRU development project with five domestic shipping companies (Daehan Shipping, H-Line Shipping, Pan Ocean, Hyundai LNG Sh...
2017-07-21 07:19:35
DSME puts Ichthys FPSO to sea [Photo News]
Daewoo Shipbuilding and Marine Engineering announced on July 20 that it completed 'Ichthys' floating production, storage and offloading (FPSO) facility, which was awarded by Inpex Corporation of Japan last 2012, and put it to the sea on July 18. ...
2017-07-21 07:18:40
DSME puts Ichthys FPSO to sea [Offshore]
Daewoo Shipbuilding and Marine Engineering announced on July 20 that it completed 'Ichthys' floating production, storage and offloading (FPSO) facility, which was awarded by Inpex Corporation of Japan last 2012, and put it to the sea on July 18. ...
2017-07-21 07:17:23
[Feature] LNG-fueled Ship Era Began⑥ [Shipbuilding]
Shipyard players who are serious about making its presence in future LNG-powered vessel market need to integrate floating LNG bunkering platform into their competitive edge, as LNG bunkering terminal infrastructure is the prerequisite of full fle...
2017-07-21 07:15:46
STX wins two additional tankers [Shipbuilding]
STX Offshore & Shipbuilding announced on July 20 that the Korean shipbuilder signed contracts with its two compatriot operators for exercising one tanker option and additional two units (including one option). The shipyard won additional...
2017-07-21 07:14:29
KTB, KDB & Uni-Asia ink MOU for ship fund [Finance]
KTB Asset Management, Korea Development Bank (KDB), and Japan’s Uni-Asia convened at the Westin Chosun Hotel in Busan on July 20th to sign an MOU for the financing of KDB’s Ocean Value-up Fund program.   14 delegations from the partici...
2017-07-21 07:13:23
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