KHI wins two NBs in Apr-Jun [Finance]
Kawasaki Heavy Industries (KHI) has recently released its financial result for the first quarter of FY 2017 (April-June, 2017) and conveyed that its Ship & Offshore Structure division recorded net losses of JPY 2.8bn ($25.29m), turning to the...
2017-08-04 07:22:36
Rolls-Royce speeds up towards digitalization [Equipment]
Rolls-Royce has picked up its pace to move from mechanical to electrical and digitalization businesses.  For the first quarter of 2017, the UK company posted net losses of GBP 31m (around $41m) and saw a 9% y-o-y decrease in its marine bu...
2017-08-04 07:21:31
New power barge acquires AIP from ABS [Shipbuilding]
Power Barge Corporation (PBC), a power barge developer and owner based in Houston, Texas announced that the American Bureau of Shipping (ABS) issued Approval In Principle (AIP) for its newly developed medium speed engine power barge design. &nbs...
2017-08-04 07:20:38
SEA/LNG, “More LNG fueled vessels are coming” [Shipping]
Peter Keller, Chairman of SEA/LNG, a multi-sector industry coalition to break down the commercial barriers to the uptake of LNG as a marine fuel said that the global market will see a constant increase in LNG fueled vessels in long term.   ...
2017-08-04 07:19:25
KR's cyber security service to be accelerated [Shipping]
The Korean Register of Shipping (KR) has recently announced that it will accelerate the provision of cyber security technologies for the fleet of its compatriot shipping companies from the second half of 2017.  As the latest information a...
2017-08-04 07:17:26
Boom in July: 30 ships exported with 208% increase [Shipbuilding]
Ship and semiconductor led the Korean exports in July as it did in June, and Korea recorded double-figure increase in export seven months in a row.   According to ‘July trade trend’ published by Ministry of Trade, Industry and Energy (...
2017-08-04 07:16:33
HHI-SWS vying for 22K ULCs [Shipbuilding]
While Hyundai Heavy Industries is reportedly entering the final contest with a Chinese rival for brand-new 6+3 22,000teu ultra large containerships (ULCs), it turned out that CMA CGM will order the vessels and Shanghai Waigaoqiao Shipbuilding (SW...
2017-08-04 07:13:57
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