HMD to build 50K methanol ships [Shipbuilding]
It is learned that Hyundai Mipo Dockyard (HMD) nets a few methanol carriers from Marinvest Shipping of Sweden. The ships are learned to be two 50,000-dwt tankers, which burns dual fuel, with delivery schedule between late 2019 and early 2020. ...
2018-02-19 07:03:04
SHI welcomes happy lunar new year with double LNGC order [Shipbuilding]
Samsung Heavy Industries won two LNG carriers from NYSE-listed GasLog at KRW210bn apiece. GasLog announced the news through its regulatory filing on February 16, publishing its 2017 results. According to the announcement, the company signed a ...
2018-02-19 07:02:28
Korea discusses autonomous ship tasks [Shipbuilding]
During a seminar on 'policies to promote the introduction of autonomous ship', which was held on February 8 at the Korea Maritime Institute's (KMI's) office building, Yeongdo-gu, Busan Metropolitan City, Korea, Kim Kyung-Seok, professor from the ...
2018-02-19 07:01:40
"Social dialogues needed for restructuring" [Shipbuilding]
Congressman Kim Kyung-Soo, a member of the Minjoo Party of Korea, a restructuring method for small- and mid-sized shipyards needs to be dealt with through social dialogues. During a business report meeting in the National Assembly's Trade, Ind...
2018-02-19 07:01:08
CSL incurs fatal explosion [Shipbuilding]
The largest yard in India, Cochin Shipyard Ltd (CSL) incurred an explosion leading to death. According to foreign media, the explosion happened at around 9:15, a.m. February 13 (local time) to kill five workers and injure seven. Media repor...
2018-02-14 14:27:43
Kvaerner contracts for the Johan Castberg FPSO [Offshore]
Kvaerner announced on February 13 that it has signed a contract with Statoil for delivery of the topside modules for the Johan Castberg floating production vessel (FPSO), as well as for hook-up and integration of the topside modules with the hull...
2018-02-14 10:07:02
TUI Cruises to order new unit at Meyer Turku [Shipbuilding]
TUI Cruises and Meyer Turku announced on February 12 that they have agreed to build a Mein Schiff 7 with delivery in 2023, which is based on the design of New Mein Schiff 1 & 2. The agreement is still subject to financing, which is now being ...
2018-02-14 07:16:38
Baltic routes to be strengthened [Shipbuilding]
The Baltic region is expected to continue to grow and prosper in the future. DFDS' six ferry routes in the Baltic Sea combine people, businesses and nations across the region forming a vital part of the region's infrastructure and transport solut...
2018-02-14 07:15:54
Sberbank-Sovcomflot conclude new financing agreement [Finance]
Sberbank and Sovcomflot announced on February 12 that they have signed a new USD 106 million project financing agreement, with a term of up to 14 years. The funds will finance the construction of a high ice class Arctic shuttle tanker (Arc7) for ...
2018-02-14 07:15:06
Emerson Named ‘IoT Company of the Year’ [General]
Emerson (NYSE: EMR), a global automation technology and software company, has recently been named the “Industrial IoT Company of the Year” by IoT Breakthrough. The award recognizes Emerson’s extensive innovation and leadership in driving In...
2018-02-14 07:14:49
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