New hull performance system SHAPE by Hempel [Shipbuilding]
Responding to shipping’s continuing needs for sustainable solutions for increased efficiency, on January 24, Hempel is launching our new digital analysing tool – Systems for Hull and Propeller Efficiency (SHAPE). Based on the ISO 19030 framew...
2018-01-30 07:16:55
PARAT Halvorsen to target UK energy market [Equipment]
PARAT Halvorsen AS, Norway’s leading supplier of steam and heat energy systems for land-based industries, shipping and offshore applications, announced on January 24 that it will demonstrate its innovative technology at this year’s prestigiou...
2018-01-30 07:16:33
Seabed mining could destroy ecosystems [Offshore]
Mining on the ocean floor could do irreversible damage to deep-sea ecosystems, says a new study of seabed mining proposals around the world. The deep sea (depths below 200m) covers about half of the Earth’s surface and is home to a vast rang...
2018-01-30 07:16:10
Danfoss opens new office in Singapore [Shipbuilding]
Danfoss, a global energy solution provider from Denmark, has recently opened its new office and Marine & Offshore Application Development Center (ADC) at the International Business Park (IBP) in Singapore. On the day, Dorte Vech Vizard, Am...
2018-01-30 07:15:46
HHIC gets greenlight for Exmar VLGC [Shipbuilding]
While Belgian owner Exmar revealed that it have ordered two 79,500-dwt eco-friendly VLGCs at the backdrop of a long-term charter with Statoil, it is learned that Subic yard of Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) is ap...
2018-01-30 07:14:32
HMD’s shrouded MR owner [Shipbuilding]
While foreign media reported that Greek owner Evangelos Pistiolis exercised an option for one MR tanker it held at Hyundai Mipo Dockyard, now it is revealed that the report is groundless. Recently a foreign media reported that Central Shipping...
2018-01-30 07:14:03
SHI reveals 2017 interim results [Shipbuilding]
Samsung Heavy Industries (SHI) posted its 2017 interim results on January 26 this year with KRW 7.9012trn in revenue, KRW 524.2bn in operating loss and KRW 340.7bn in net loss. The Korean conglomerate explained that the operating loss comes fr...
2018-01-30 07:13:30
SHI to increase short-term loans [Finance]
Before issuing new shares worth about KRW 1.5trn (approximately $1.408bn), Samsung Heavy Industries (SHI) increases its short-term loans by KRW 750bn with a help from supervisors for its paid-in capital increase. The Korean shipbuilding tycoon...
2018-01-30 07:12:57
Global orderbook drop becomes blunt [Shipbuilding]
At the end of December 2017, the global newbuilding orderbook recorded 196,9m dwt (77.5m cgt, 3,158 units), which is 13% decrease by dwt and 18% decrease in terms of units since the start of this year. It is notable that the drop showed slow down...
2018-01-30 07:12:30
HHI wins LNGC hired by EDF [Shipbuilding]
Japan's Nippon Yusen Kaisha (NYK) is known to order new LNG carrier together with a French partner. The vessel will be hired by EDF Energy under a long-term charter contract. According to foreign presses and industrial sources, NYK has made pa...
2018-01-30 07:11:24
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