COMEC won seven domestic tankers [Shipbuilding]
CSSC Offshore & Marine Engineering (Group) Company(COMEC), a Chinese state-run yard is awarded seven new tankers from COSCO Shipping Energy Transportation (CSET) a compatriot shipping company. According to COMEC, the order package consists...
2017-12-20 07:14:22
Dreifa pushes ahead with PSV to FRU conversion [Offshore]
Norway-based Dreifa Energy turns out to have been seeking a suitable shipyard for  the conversion of a platform supply vessel (PSV) into an LNG floating regasification unit (FRU). Jostein Ueland, co-founder of Dreifa Energy, has recently...
2017-12-20 07:13:55
Fujian Mawei bags one PC newbuilding [Shipbuilding]
China's Fujian Mawei Shipbuilding seems to have been commissioned by Heng Tong Fuels & Shipping to build one new product carrier (PC).  According to Clarksons, a contract signed by the two Chinese companies is for the construction of ...
2017-12-20 07:13:34
The Philippines to give incentive for small ships [Shipbuilding]
Department of Trade and Industry (DTI) of the Philippines announce its support plan for small and mid-sized shipbuilding to nurture domestic shipbuilding industry. “We are arranging support package for the shipbuilding industry. We are focus...
2017-12-20 07:13:03
Carbofin nets HHI LPG ship resale [Shipbuilding]
Genoa-based shipping company Carbofin is understood to have netted a Korean built mid-sized LPG carrier in a resale deal. According to foreign media, the company purchased one 38,000cbm LPG carrier Hyundai Heavy Industries (HHI) is constructin...
2017-12-20 07:12:21
Kyokuyo won TS Lines boxships [Shipbuilding]
Japanese yard Kyokuyo Shipyard Corporation won two 1,000teu containerships from Taiwanese shipping company, TS Lines. The two units will be delivered in June and September 2019. Currently TS Lines is operating most of the fleet through charter...
2017-12-20 07:12:01
Investment in Dae Sun to be structured [Finance]
After being rejected recently, the sale of Dae Sun Shipbuilding & Engineering is likely to be carried out based on a 'structured investment deal' method.   According to sources from Korean investment bank industry on December 19,...
2017-12-20 07:11:29
"58% of yards' orderbook all delivered by 2018" [Shipbuilding]
At the end of November this year, global newbuilding orderbook recorded 186.8m dwt (74.8m cgt, 3,036 units), which is 18% decrease by dwt since the start of this year. Also, it turned out that 58% of the orderbook is currently scheduled to be del...
2017-12-20 07:10:34
SHI shuffles leadership [People]
Samsung Heavy Industries (SHI) appointed new executives leadership for 2018 operation on December 19. The company explained that promotions are minimized and performance-based, appointing only one Senior Executive Vice President, two Senior Ex...
2017-12-19 14:59:27
SHI shuffles leadership [Shipbuilding]
Samsung Heavy Industries (SHI) appointed new executives leadership for 2018 operation on December 19. The company explained that promotions are minimized and performance-based, appointing only one Senior Executive Vice President, two Senior Ex...
2017-12-19 14:59:01
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