Meyer Turku cuts steel for new cruise ship duo [Shipbuilding]
The steel cutting ceremony for the first of two Costa Cruises ships to be powered by liquefied natural gas (LNG) was held on September 13 at Meyer Turku shipyard, Finland. The ship will sail to the seas in October 2019 with a sister ship followin...
2017-09-18 07:09:35
BHGE nets subsea deal for Zohr gas field [Offshore]
In a signing ceremony hosted recently by H.E. Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company (NYSE: BHGE) announced a major subsea contract from Petrobel for phase two of the “supergiant...
2017-09-18 07:08:49
OceanSaver files for bankruptcy protection [Finance]
OceanSaver, a Norwegian ballast water management system (BWMS) manufacturer, has recently filed for bankruptcy protection.   According to TradeWinds and an official at the company on September 15, OceanSaver lost an arbitration claim agai...
2017-09-18 07:08:15
Tender documents issued for South Pars [Offshore]
EPC (Engineering, Procurement, Construction) tender documents for offshore facilities of ‘South Pars’ phase 11 project are issued in four septate packages.   Bidders for each package are as in the following:   Jackets: SAFF Grou...
2017-09-18 07:07:51
HMD bags two more MR tankers [Shipbuilding]
Hyundai Mipo Dockyard has won an order to build two more tankers from DSD Shipping of Stavanger, Norway. The shipyard that won up to four (2+2) 50,000dwt MR tanker series from DSD Shipping in July this year has bagged two more MR units recentl...
2017-09-18 07:07:22
HHI welding masters donate talents [General]
A volunteering club at Hyundai Samho Heavy Industries has around 70 members who are masters in their own fields at work. In 2007, Hyundai Samho encouraged the acquisition of master craftman to cultivate talented human resources, and this fello...
2017-09-18 07:06:59
Global NB market starts to be picked up [Shipbuilding]
Shipowners are racing to order future-oriented ships amid stricter global environmental regulations. Allied Shipbroking, a Greek shipbroker noted in its recent report that, "activity looks to be back in the market now, with August showing the ...
2017-09-18 07:06:30
Shipbuilding industry asks steel price reduction [Equipment]
The Korean shipbuilding industry, which is undergoing restructuring due to a lack of new orders, has officially asked the domestic steel industry to "lower the price of thick plate". Korea Offshore & Shipbuilding Association (KOSHIPA) anno...
2017-09-18 07:06:02
Shipbuilding·Marine Industry Day Celebration postponed, aga [General]
The celebration ceremony of Shipbuilding·Marine Industry Day, which has been held every September, postponed to December. The ceremony was not held last year too due to the recession clouding the industry. It appears that bleak atmosphere from c...
2017-09-18 07:05:31
Hyundai faces shrinking results [Shipbuilding]
The worrisome situation for Hyundai triplets continues, with about 30% degrowth of revenues and the total orderbook shrinking by over 10% compared the beginning of the year.   Hyundai Heavy Industries (HHI) showed around KRW6.959trn (about...
2017-09-18 07:03:42
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