Novatek-Japan join hands for LNG transshipment [Shipping]
Novatek announced on November 28 that the Russian gas producer signed a memorandum of understanding (MOU) with two Japanese companies Mitsui O.S.K. Lines (MOL) and Marubeni Corporation for the cooperation in the establishment of a new LNG transsh...
2017-11-30 07:27:33
"60 LPGCs expected to be ordered in 2018" [Shipbuilding]
A Korean industry expert has forecasted that there will be the LPG carrier order spree during 2018-2020.  Park Moo-Hyun, a researcher at Hana Financial Investment, explained on November 29, "LPG is the largest by-product from a petroleum ...
2017-11-30 07:26:26
Zvezda to build 178 newbuilding by 2035 [Shipbuilding]
The Russian government is driving an ambitious plan to build domestic shipbuilding industry. According to local media and industry, state-run yard Zvezda Shipbuilding Complex seems to be planning to build 178 units of newbuildings by 2035. Re...
2017-11-30 07:26:00
Global orderbook holding steady [Shipbuilding]
At the beginning of November, global orderbook recorded a total of 185.3m dwt (74.7m cgt, 3,040 units). This is 18% decrease from the beginning of 2017 in terms of dwt, while the drop remained steady from the end of September (185.5m dwt). Acc...
2017-11-30 07:25:31
SHI won additional two shuttle tankers [Shipbuilding]
Teekay Offshore Partners announced on November 28 that the company is exercising options for two suezmax DP2 shuttle tankers. The price is understood to be a total of around $265m. The ships will be built based on Teekay’s Shuttle Spirit design...
2017-11-30 07:24:28
DSME leads LNG carrier market [Offshore]
Daewoo Shipbuilding & Marine Engineering (DSME) again proved its competitive edge in LNG carrier segment. DSME announced on November 27 that the company’s ice-breaking LNG carrier and LNG-FPSO are certified as ‘World Class Products of ...
2017-11-30 07:23:57
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