Petrogress to expand tanker fleet [Shipping]
Petrogress, Greek owner and oil trading group, plans to add more tankers to its fleet in order to expand West African business. The company is operating and managing four tankers through its subsidiary Petronav Carriers. It said in its second ...
2017-08-18 07:20:40
CSIC invests in new engine headquarters [Equipment]
China Shipbuilding Industry Corporation (CSIC) turns out to have invested CNY 3.828bn (about $215m) in the establishment of affiliated ship engine headquarters.  CSIC plans to set up 'CSIC Marine Diesel Engine', which will be responsible ...
2017-08-18 07:18:37
Weeks Marine orders new cutter suction dredger [Shipbuilding]
Weeks Marine, a US marine construction and dredging contractor, placed an order at Louisiana-based shipbuilder C&C Marine & Repair for a new cutter suction dredger (CSD).  According to local industrial sources, the 8,000 gt vessel...
2017-08-18 07:17:57
AISSOT to expand crude oil export [Shipping]
OPEC member Iraq recently announced plans to make a joint venture with a shipping company of the Arab countries to transport, store and trade crude oil and petroleum products. According to Reuters, oil producers in the Middle East are engaged ...
2017-08-18 07:16:31
Lindblad orders new cruise ship [Shipbuilding]
Lindblad Expeditions Holdings, the global leader of expedition cruises and adventure travel experiences, has placed a new order for its eighth cruise ship. Sven-Olof Lindblad, CEO of Lindblad Expeditions, said the new vessel will be delivered ...
2017-08-18 07:14:11
HHIC warned for delay in payment to subcontractors [General]
Hanjin Heavy Industries and Construction has been warned by the Fair Trade Commission (FTC) of Korea for not paying penalty interest on a delay in payment to subcontractors.  According to FTC, Hanjin failed to pay interest penalty interes...
2017-08-18 07:12:34
HMM eyes Northern Sea Route trial [Shipping]
Korea's Hyundai Merchant Marine is planning to start a trial run from 2020 of Northern Sea Route (NSR). The industry is even expecting a regular Arctic liner in future with the investment from the country's largest shipping company who has rich r...
2017-08-18 07:11:33
The first converted FLNG to sail away in September [Offshore]
Nasdaq-listed Golar LNG Partners LP (“Partnership”) announced on August 16 that it will acquire the shares in Golar Hilli LLC from Golar LNG Limited and affiliated companies of Black and Veatch and Keppel Shipyard Limited through a PSA (purch...
2017-08-18 07:10:46
SCF’s ice-breaking LNG carrier completes NSR transit [Shipbuilding]
‘Ice-breaking LNG carrier’ built by Daewoo Shipbuilding & Marine Engineering (DSME) returned to Korea from its transit through the Northern Sea Route (NSR).   Christophe de Margerie, owned by Russian state-run shipping company SCF ...
2017-08-18 07:08:26
Chinese yards' orderbook dropped by 31% [Shipbuilding]
Chinese shipyards are continuingly seeing declines in their new order intakes and backlog.  According to the China Association of the National Shipbuilding Industry (CANSI), Chinese shipbuilders' orderbook stands at 80.28m dwt as of July ...
2017-08-18 07:07:06
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