DEME nets new cable installation deal [Offshore]
Dredging International, part of the DEME Group, has secured the contract from Belgian transmission system operator Elia for the submarine power cable installation for the Modular Offshore Grid (MOG) in the North Sea. DEME will deploy its new flee...
2017-08-21 07:24:11
Wintershall extends ISS service deal [Equipment]
On August 15, Beerenberg signed a frame agreement with Wintershall for delivery of ISS services on the Brage installation. The 4-year frame agreement includes 3 options of 2 years’ extension and is expected to have a value of MNOK 20-40 per ...
2017-08-21 07:22:56
Wartsila to deliver fish farming ship design [Shipbuilding]
The technology group Wärtsilä has been contracted to deliver the ship design for a new processing and transportation vessel to be built at the Balenciaga shipyard in Spain on behalf of Hav Line AS of Norway. In addition to the design, Wärtsil...
2017-08-21 07:20:14
Chengxi bags Kamsarmax BC quartet [Shipbuilding]
It is known that CSSC-affiliated Chengxi Shipyard has been awarded four new 82,000 dwt bulkers. The vessels are likely to be delivered to SDTR Marine, a joint venture (JV) set up by Shandong Shipping and Transcenden Global, from the end of 2018 t...
2017-08-21 07:17:21
Ouhua wins two feeder boxships [Shipbuilding]
Singapore's Eastern Pacific Shipping (EPS) has ordered two 2,700teu feeder containerships from China's privately run shipbuilder Zhejiang Ouhua Shipbuilding.  The contract was concluded a few months ago but it has surfaced recently. Deliv...
2017-08-21 07:16:40
CSBC wins Newcastlemax BC duo [Shipbuilding]
China Steel Express (CSE), a shipping arm of China Steel Corporation(CSC), has ordered two Newcastlemax bulkers from Taiwan's state-run shipbuilder CSBC. Price of the 208,000dwt bulker is around $100m in total and delivery is planned in 3Q 201...
2017-08-21 07:16:05
Korea develops underwater robots [Equipment]
The Ministry of Oceans and Fisheries of Korea hosted the 'Underwater Robot / Underwater Communication Development Workshop' at the Seoul Chamber of Commerce and Industry on August 18 to identify new projects that can preemptively respond to the F...
2017-08-21 07:14:46
HMD reaches wage agreement [General]
Labor union and management of Hyundai Mipo Dockyard held a signing ceremony to conclude the wage negotiation this year at the Hanwoori Hall in Ulsan headquarters, attended by President Han Young-Seok and chairman of the union Kang Won-Sik. Bot...
2017-08-21 07:13:50
“New orders are still needed for DSME” [Finance]
Management normalization committee at Daewoo Shipbuilding & Marine Engineering (DSME) mentioned that even with a huge improvement in H1 performance, it is still hard to be optimistic for early normalization.   The committee held the th...
2017-08-21 07:13:03
KMOU-MAN D&T sign MOU for cooperation [Equipment]
Korea Maritime and Ocean University (KMOU) and MAN Diesel & Turbo Korea held a ceremony for agreement of industry-university collaboration and donation of education program ticket on August 16.   At the ceremony presented high official...
2017-08-21 07:11:57
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