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Offshore
Shipbuilding
Equipment
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Shipping
General
Market Information
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KR exports cyber security service
[General]
The Korean Register of Shipping (KR) announced on February 23 that it made an agreement with Songa Ship Management of the UK for providing cyber security services on February 9. In line with the fourth industrial revolution, digitalizati...
2018-02-26 07:13:23
Maersk, What does that Capex mean?
[Shipping]
Danish shipping giant AP Moller-Maersk is raising expectations for newbuilding orders with its higher-than-expected Capex for 2019. The firm recently captured the market’s eyes with $2.5-3bn of Capex guide for 2019. “I don’t think thi...
2018-02-26 07:12:55
Japan’s January: all bulkers
[Market Information]
Japanese shipbuilding industry recorded eight units, 460,000gt (180,000cgt) of order intake in January 2018. In terms of units, the order intake returned to single-digit number in eight months since last year’s May, while it is still yoy 176% i...
2018-02-23 17:08:05
Three pillars of Korea have thinner orderbook
[Market Information]
Global newbuilding orderbook recorded 197m-dwt (76.5m cgt, 3,110 units) at the end of January, which is the lowest in terms of units since October 2003, and also 3% decrease from last month in terms of units and dwt. As of the end of January, ...
2018-02-23 17:00:06
BIMCO: economic growth supporting shipping
[Market Information]
BIMCO announced its macroeconomic analysis on February 19, stating that shipping will benefit from global economic growth. The following is the analysis. The International Monetary Fund (IMF) has published its World Economic Outlook for Januar...
2018-02-23 16:59:28
Selektope antifouling supports outfitting work in Korea
[Equipment]
As global water temperatures increase, global ‘biofouling hotspots’ in subtropical/tropical areas are intensifying, exposing newbuildings at the world’s major shipyards to greater risk of hard fouling during the outfitting process. The effe...
2018-02-23 07:10:44
Boskalis receives LOA for singapore job
[General]
Royal Boskalis Westminster N.V. (Boskalis) announced on February 21 that it has received a Letter of Award from the Maritime and Port Authority of Singapore (MPA) for the port development project Tuas Terminal Phase II in Singapore, also referred...
2018-02-23 07:09:49
Fugro returns to china for gas hydrate research
[Shipbuilding]
Fugro announced on February 21 that it has been awarded a contract by Guangzhou Marine Geological Survey (GMGS) for gas hydrate investigation on the Northern Continental Slope of the South China Sea. The contract is valued at approximately US$ 40...
2018-02-23 07:09:17
Rolls-Royce to supply propellers to warships
[Equipment]
Rolls-Royce announced on February 21 that it has signed two contracts with BAE Systems to supply low-noise propellers and mission bay handling technologies for the UK Royal Navy’s new Type 26 Global Combat Ship. The contracts cover the first...
2018-02-23 07:08:52
Fluor Starts FEED for First FSRU in Thailand
[Offshore]
Fluor announced on February 21 that it has started the front-end engineering and design work for Electricity Generating Authority of Thailand’s (EGAT) planned floating storage regasification unit (FSRU) and associated facilities in the upper Gu...
2018-02-23 07:08:34
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