"60 LPGCs ordered per year by 2019" [Shipbuilding]
While LNG is considered as a powerful alternative to deal with SOx regulations that will be strengthened from 2020, LPG is also rising as an efficient ship fuel. Park Moo-Hyun, a researcher at Hana Financial Investment, said, "Throughout inter...
2017-12-18 07:25:56
HHIC nets TK duo from Greece? [Shipbuilding]
It seems that Pantheon Tankers of Greece have ordered two new Aframax tankers from Subic yard of Hanjin Heavy Industries and Construction Philippines (HHIC-Phil). According to TradeWinds, the two companies put pens to a letter of intent (LOI) ...
2017-12-18 07:25:32
Eni concludes deal with ExxonMobil [Offshore]
Eni announced on December 13 that it has completed the sale of a 25 percent indirect interest in the natural gas-rich Area 4 of the Rovuma Basin to ExxonMobil Development Africa B.V. (“ExxonMobil”). The terms of the sale, agreed in March 2017...
2017-12-15 07:15:46
GTT-DSEC work for membrane containment systems [Equipment]
GTT announced on December 13 that the company and Korean DSEC, a renowned naval engineering company, have signed a Technical Assistance and License Agreement for the construction of GTT membrane containment systems. This deal strengthens both ...
2017-12-15 07:15:26
GIE releases the LNG map 2018 [Offshore]
Gas Infrastructure Europe (GIE) announced on December 12 that the organization GIE releases the LNG map's 2018 version, which details LNG related opeartions in Europe. The energy sector is undergoing a transformation to a lower carbon energy f...
2017-12-15 07:15:05
Woodside-ABB for offshore platform battery [Offshore]
Woodside announced on December 14 that the company has formalised an agreement with ABB Australia Pty Ltd under which a microgrid solution with a lithium-ion PowerStore Battery energy storage system will be installed on its Goodwyn A platform in ...
2017-12-15 07:14:32
Rolls-Royce delivers first mobile MTU gas engines [Equipment]
Rolls-Royce announced on December 13 that the first two pre-production units of the new mobile MTU gas engine from Rolls-Royce successfully completed their performance tests and were accepted by the customer at the beginning of December. MTU had ...
2017-12-15 07:14:08
Marine fuel tank with 7,4 meter diameter on the move [Equipment]
The LNG fuel tank for the Ecodelta dredger is on the move and heading for shipyard Barkmeijer in Northern part of the Netherland. The 325 m³ LNG storage tank is completed with the tank connection space holding both vaporizers and all required...
2017-12-15 07:13:41
Korean ship price expected to rise in 2018 [Shipbuilding]
It is forecasted that prices of ships built by Korean shipyards will rise further next year. According to shipbuilding industry and financial world, prices of Korean ships are likely to inflate about 15% this year on the strength of a strong K...
2017-12-15 07:12:59
SITC strikes boxship resale deal [Shipbuilding]
SITC, a Hong Kong-listed operator is understood to buy four new container ships being constructed in China through a resale deal. According to foreign media and broker Braemar ACM, the company is buying four 2,700teu containerships Yangzijiang...
2017-12-15 07:12:38
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