DSIC wins BCs from Norway [Shipbuilding]
Seatankers Group, which is led by John Fredriksen, is said to have ordered additional two Kamsarmax bulkers from Dalian Shipbuilding Industry (DSIC), gearing up to order up to four such vessels at COSCO Shipping Heavy Industry also. With the D...
2018-02-13 07:12:53
Korea makes efforts for stable employment [Shipbuilding]
It turned out that Ulsan Metropolitan City of Korea has recently asked the Ministry of Employment and Labor (MOEL) to extend the period for Korean shipbuilding industry being selected as 'type of business eligible for assistance in employment' an...
2018-02-13 07:12:21
Wuxue Janda builds two bulkers for Wilson [Shipbuilding]
A Chinese inland shipbuilder Wuxue Janda Shipbuilding secured a contract to build two 2,600-dwt bulkers from Osla-listed Wilson. The orderer already had received delivery of two similar ships from the Wuxue-located yard, and will receive another ...
2018-02-13 07:11:49
Kvaerner positioned favorably in FPSO race [Offshore]
It is known that Norwegian energy behemoth Statoil will make a decision soon on which company builds topside of its new floating production storage and offloading (FPSO) unit. While Kvaerner and Aibel are competing for the topside of Statoil's...
2018-02-13 07:10:11
Marathon increases LSFO capacity [Shipping]
Marathon Petroleum, the second largest US refiner, recently announced that it will make additional investments on its facilities to respond to increasing LSFO demands. Garyville Refinery, mentioned as the investment target, is Marathon’s lar...
2018-02-13 07:09:32
GTT-CHI tie for LNG business [General]
French tech firm GTT and COSCO Shipping Heavy Industries (CHI) of China are building a strategic partnership for LNG business. Two parties agreed to cooperate in the development of LNG fuel, FLNG, and small LNG carriers. CHI is operating 10...
2018-02-13 07:09:11
GSI nets eight LNG Ro-Pax [Shipbuilding]
A Chinese yard GSI/CSTC netted 4+2+2 newbuilding Ro-Pax units from MSC Group of Swiss and Onorato Armatori(Moby) of Italy. In the signing ceremony held on February 11 at CSSC HQ in Beijing presented leaders of CSSC and MSC. CSSC affiliated ...
2018-02-13 07:08:36
HHI logs the second year of profit [Shipbuilding]
Hyundai Heavy Industries (HHI) recorded two consecutive years of profit, even in the challenging environment. The company announced on February 9 through a regulatory filing that it logged KRW15.4688trn of revenue and KRW14.6bn of operating pr...
2018-02-13 07:08:03
SHI cancels a drillship [Offshore]
Samsung Heavy Industries (SHI) announces a change in contract through a regulatory filing that it cancels a contract for a drillship. The drillship is one of two drillships SHI secured in April 2014 from Ocean Rig, and the cancellation is call...
2018-02-13 07:07:04
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