TEN reports completion of newbuilding program [Shipbuilding]
TEN, Ltd. announced on November 13 the delivery of the ice-class Aframax tanker Bergen TS, the last in the 15 vessel, preemployed on long-term business, growth program, which increased the size of TEN’s fleet by 30% over the last 18 months. Wit...
2017-11-17 07:10:40
ODFJELL-Sinochem signs charter deal [Shipping]
Odfjell SE announced on November 14 that it signs Framework Agreement with Sinochem Shipping Singapore Pte. Ltd to take 4 stainless steel vessels on long-term bareboat charters and to form a pool of 8 chemical tankers. Odfjell SE ("Odfjell") h...
2017-11-17 07:10:17
Collaboration to improve offshore turbine blades [Offshore]
TNO (Nederlandse Organisatie voor toegepast-natuurwetenschappelijk onderzoek), Netherlands Organisation for Applied Scientific Research announced on November 8 that a major, international €4 million research collaboration between 10 European pa...
2017-11-17 07:09:58
UK registered 'the first unmanned ship’ [General]
UK Ship Register (UKSR) under the Maritime and Coastguard Agency (MCA) of the UK registered the first unmanned ship. USKR announced on November 13 that a UK owner ASV’s unmanned ship, C-Worker 7 is registered, which will be deployed for subs...
2017-11-17 07:09:38
DHIC-AMSC make wind turbine partnership [Offshore]
Doosan Heavy Industries & Construction (DHIC) turns out to have recently had a partnership with American Superconductor Corporation (AMSC) regarding offshore wind turbine technology. According to industrial sources, the two companies have ...
2017-11-17 07:09:12
"LNG shipping expected to be active" [Shipping]
While global demands for LNG are rising recently, it is expected that sea LNG trades will be active in the long term. Greek LNG carrier owner GasLog announced through its 3Q market report, "There has been continued momentum in the start-up of ...
2017-11-17 07:08:50
Fincantieri stacked six-year orders [Shipbuilding]
Fincantieri recently announced its Jan-Sep performance result, stating that its revenue showed a huge yoy increase from EUR3.23bn to EUR3.575bn. EBITDA also increased from EUR185m to EUR233m, recording 6.5% of EBITDA margin. New orders the com...
2017-11-17 07:08:24
Japan sees rise in backlog [Shipbuilding]
Japanese shipbuilders won 22 new ships of 890,000 gt (400,000 cgt) for export last October, representing a 613% upturn year-on-year. Also, they have been awarded over 20 vessels for three consecutive months. Industry players said that Japanese...
2017-11-17 07:08:01
Creditors laid out RG conditions for STX [Finance]
It is understood that Korea Development Bank (KDB), the main creditor of STX Offshore & Shipbuilding laid out conditions for Refund Guarantee (RG), which include manpower restructuring and wage freeze. According to the industry, KDB demand...
2017-11-17 07:07:42
"DSME holds reduced receipt" [Shipbuilding]
On November 16, Daewoo Shipbuilding & Marine Engineering (DSME) reported through a regulatory filing that the contract price for five container ships for a European operator it won on September 20 reduced from KRW926.6bn to KRW779.7bn. At ...
2017-11-16 15:18:54
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