ABB digitalizes maritime maintenance [Equipment]
ABB announced on September 28 that it has added ‘Fleet Intelligence’ to its ABB Ability™ Collaborative Operations software, providing marine customers with a single and complete overview of their ship system maintenance needs rather than be...
2017-10-10 06:49:15
TechnipFMC Awarded Statoil EPCI Contract [Offshore]
TechnipFMC announced on September 28 that it has been awarded by Statoil an Engineering, Procurement, Construction and Installation contract. It covers the execution of the subsea pipeline connection for the new production platform in Peregrin...
2017-10-10 06:48:10
COSCO won bulker and pulp ship deal [Shipbuilding]
The Board of Directors of COSCO SHIPPING International (Singapore) Co., Ltd. (the “Company”) announced on September 28 that COSCO (Zhoushan) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Lt...
2017-10-10 06:47:28
J-ENG & CSIC ink engine license deal [Equipment]
Japan Engine Corporation (J-ENG) announced on September 21 that the Japanese engine manufacturer signed a UE engine license agreement with China Shipbuilding Industry Corporation Diesel Engine (CSE), a subsidiary of China Shipbuilding Industry Co...
2017-10-10 06:46:23
Doosan Engine sold to China? [Equipment]
Korea's Doosan Group is looking into selling shares of its ship engine subsidiary Doosan Engine.    However, it is reportedly hard for Doosan Group to seek a appropriate buyer. According to InvestChosun, moreover, the Korean conglomer...
2017-10-10 06:45:46
COSCO receives demolition subsidiary [Finance]
COSCO SHIPPING Holdings of China COSCO Shipping (COSCOCS) Group announced on September 26 that it has received a total of around CNY510m (about $76m) of subsidy for the demolition of old vessels from the Chinese government. The company said th...
2017-10-10 06:45:02
Japanese ODA for Indian recycling yards [Finance]
The Indian government recently signed a loan agreement with the Japan International Cooperation Agency (JICA) to upgrade environment management of recycling yards in Alang and Sosiya, Gujarat State. The total cost of the project amounts to $11...
2017-10-10 06:43:50
Eastern Pacific to order bulkers and a tanker [Shipbuilding]
Dalian COSCO KHI Ship Engineering (DACKS), a China-Japan JV yard won a bulker contract from Eastern Pacific Shipping under the control of Idan Ofer. According to TradeWinds and Clarksons, Eastern Pacific Shipping of Singapore recently ordered ...
2017-10-10 06:42:46
YZJ nets BC construction deals [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ), one of the largest privately-owned shipbuilders in China, turns out to have won up to six Handymax bulkers (including two options) from Bulgarian shipowner Navibulgar.    According to...
2017-10-10 06:38:51
SHI aiming bulker market reentry [Shipbuilding]
Samsung Heavy Industries (SHI) seems to be working on a reentry plan for bulker market.   According to the industry and foreign media, SHI is currently in a negotiation with PanOcean for up to six (4+2) VLOCs, for delivery of the end of 2019...
2017-10-09 14:35:06
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