DHT, "tanker price is gradually rising" [Shipbuilding]
DHT Holdings stated that asset value of tankers is gradually rising with the VLCC market poised to soar from 2019 onward. DHT Holdings’ Co-chief executive Trygve Munthe said in its conference call on November 14 that “The freight market ha...
2017-11-20 07:11:51
STX-MMU shake hands [General]
STX Heavy Industries and Mokpo National Maritime University (MMU) signed ‘Agreement on industry-academy cooperation.’ on November 15 at MMU. On the ceremony presented high executives and officials from STX and MMU. Two parties agreed to bu...
2017-11-20 07:11:30
Korean equipment providers seek ways to live [Equipment]
A seminar for setting up 'survival strategy in shipbuilding equipment industry' was held on November 15 at the office building of the Busan Marine Equipment Association (BMEA), Gangseo-Gu, Busan, Korea. On the day, BMEA Chairman Lee Dong-Hyung...
2017-11-20 07:10:27
Geoje urges approval of offshore industrial complex [Offshore]
Geoje development federation has urged the government to approve plans for establishing 'Geoje Offshore Plant National Industrial Complex'. The federation issued a statement on November 16, noting, "A business for Geoje Offshore Plant National...
2017-11-20 07:09:59
Log-In Logistica buys CSSC boxship [Shipbuilding]
Log-In Logistica Intermodal, a Brazilian logistics firm based in Rio de Janeiro is understood to purchase a new feeder container ship from a Chinese yard recently. According to foreign media, the company bought a 2,700teu container ship Guangz...
2017-11-20 07:09:39
ABB sets out electric, digital, connected approach [Equipment]
With this new approach, ABB focuses on harnessing the full potential of its power, control and automation solutions through a program of digital integration that will bring about a step change in vessel and fleet management.   “We are li...
2017-11-17 07:15:18
Sapura Energy bagged five contracts [Offshore]
Sapura Energy announced on November 16 that the company has bagged five contracts worth a combined RM1.47 billion. They include work in relation to the Pan Malaysia Transportation and Installation of Offshore Facilities for Petronas Carigali S...
2017-11-17 07:14:51
Saudi Aramco signs $4.5bn megaprojects [General]
Saudi Aramco announced on November 9 that the company signed agreements with several oil and gas service contractors for oil and gas megaprojects designed to enhance the company’s energy sustainability, diversify the economy, expand gas product...
2017-11-17 07:13:50
120-meter goliath crane lifted at Meyer Turku [Shipbuilding]
Meyer Turku announced on November 12 that the 2,500 ton main beam of the 120 meters high Goliath Crane was lifted up at Meyer Turku shipyard. Meyer Turku knows how to reach new heights, as the most visible part of company’s 185 million euros...
2017-11-17 07:12:58
Tellurian-Bechtel to deliver Driftwood LNG [Offshore]
Tellurian Inc. announced on November 13 that the company and Bechtel Oil, Gas and Chemicals, Inc. have entered into four fixed price, lump sum turnkey agreements totaling $15.2 billion for the engineering, procurement and construction (EPC) of Dr...
2017-11-17 07:11:40
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