KOSHIPA held KSSS award [Photo News]
The Korea Offshore & Shipbuilding Association (KOSHIPA) held an award for 'Korean Shipyards Safety Standardization (KSSS)' on March 22 at Westin Chosun Busan, Busan Metropolitan City, Korea, with support from four global oil majors Royal Dutch ...
2018-03-23 07:00:55
KOSHIPA held KSSS award [General]
The Korea Offshore & Shipbuilding Association (KOSHIPA) held an award for 'Korean Shipyards Safety Standardization (KSSS)' on March 22 at Westin Chosun Busan, Busan Metropolitan City, Korea, with support from four global oil majors Royal Dutc...
2018-03-23 07:00:16
SHI confident in successful capital increase [Finance]
Nam Joon-Ou, CEO at Samsung Heavy Industries (SHI), said on March 22 that the company's ongoing plan for a capital increase of KRW 1.4trn (approximately $1.308bn) will produce successful results.  During the Korean shipbuilding heavyweigh...
2018-03-23 06:57:23
Jan-Feb witnessed surge in order [Shipbuilding]
The first two months of 2018 recorded yoy 134% increase, securing a total of 128 units, 12.9m dwt (460,000cgt) of orders. According to Clarkson Research, the global yards took orders for 19 units, 2.4m dwt of tankers, of which 68% was product ...
2018-03-23 06:56:46
Sungdong filed for court receivership Thursday [Finance]
After submitting its application form for the process of rehabilitation to a court recently, Sungdong Shipbuilding and Marine Engineering says it has filed for court receivership as of March 22.  An official at the Korean debt-ridden ship...
2018-03-22 16:00:09
Seabased signs 100MW contract with Ghana [Offshore]
Seabased has been contracted by TC’s Energy, a Ghanaian renewable energy production company, to deliver a wave energy plant near Ada, Ghana. The 100 MW park is one of the first, and one the largest, commercial contracts in the fledgling wave en...
2018-03-22 07:15:48
Danish Maritime Fair programs revealed [General]
The Royal Danish Navy Band will provide a festive opening, when the International Maritime Fair in Copenhagen – The Danish Maritime Fair 2018 – opens the doors for the first visitors on Wednesday, May 2nd at 9.00 am. Hundreds of exhibitors ...
2018-03-22 07:13:04
Statoil becomes operator of the Martin Linge [Offshore]
Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental...
2018-03-22 07:11:14
Gulf Island Fabrication announces project awards [Shipbuilding]
Gulf Island Fabrication, Inc. (NASDAQ:GIFI), announced on March 19 that, through its subsidiary Gulf Island Shipyards, L.L.C., it has signed a contract for the construction and delivery of one Towing, Salvage and Rescue Ship (T-ATS) Vessel with t...
2018-03-22 07:10:24
YZJ considers portfolio diversification [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ) is reportedly planning the diversification of its business portfolio with the goal of reducing management risks.  Of 123 vessels owned by the China's largest private shipbuilder, according t...
2018-03-22 07:09:34
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