KOSHIPA to hold KSSS award [General]
The Korea Offshore & Shipbuilding Association (KOSHIPA) will hold an award for 'Korean Shipyards Safety Standardization (KSSS)' on March 22 at Westin Chosun Busan, Busan Metropolitan City, Korea, with supports from four global oil majors Roya...
2018-03-21 06:59:14
Hyundai enjoyed favorable Feb orders [Shipbuilding]
Hyundai Heavy Industries (HHI) recently announced that its accumulated revenue by February (separate basis, interim) amounts to KRW1.143trn, which is yoy 35% decrease. Hyundai Mipo Dockyard (HMD) logged KRW333bn of revenue during the same period,...
2018-03-21 06:58:45
JMU secures domestic VLCC [Shipbuilding]
Japan Marine United (JMU) is understood to have secured an order for one VLCC from a domestic operator. According to foreign sources, the 300,000-dwt unit will be delivered between 2019 and 2020 to JX Ocean, a shipping arm of JXTG Holdings, wi...
2018-03-21 06:58:11
Statoil to change name to Equinor [Offshore]
The board of directors of Statoil proposes to change the name of the company to Equinor. The name change supports the company’s strategy and development as a broad energy company. The name Equinor is formed by combining “equi”, the startin...
2018-03-20 06:52:42
VIKING sees a slight improvement in cargo and offshore [Equipment]
For the second consecutive year, revenue and earnings remained stagnant for 2017 at VIKING Life-Saving Equipment A/S. Two of the largest customer segments, the cargo ship market and offshore industry, remain in turmoil and continue to impact the ...
2018-03-20 06:52:23
Vard secures contract for fishing vessel [Shipbuilding]
VARD announced on March 15 a contract for the construction of one fishing vessel for Remøybuen AS in Norway. The contract value is approximately NOK 60 million.   Classified for deep sea fishing, the new fishing vessel is a combined long ...
2018-03-20 06:52:02
Bibby takes ambitious steps [Offshore]
Bibby Offshore group has announced three individual multimillion pound contract wins with an oil and gas supermajor. The initial contract will see Bibby Offshore complete riser replacement works including a production/test riser and riser buoy...
2018-03-20 06:51:43
Jumbo appoints Huisman for offshore mast cranes [Equipment]
Jumbo recently made a formal investment decision to appoint Huisman Equipment BV for the provision of the design and construction of two offshore mast cranes for their new DP2 Heavy Lift Crane Vessel (HLCV) to be delivered in the first quarter of...
2018-03-20 06:50:49
Emerson inaugurates new facility in Saudi Arabia [General]
Under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdul Aziz Al Saud, Governor of the Eastern Province, His Excellency Suliman Abdulrhman Al-Thunayan, Governor of Al Khobar, inaugurated Emerson’s (NYSE: EMR) new technology and...
2018-03-20 06:50:25
OES annual report highlights advancing ocean energy [Offshore]
The Ocean Energy Systems (OES) Technology Collaboration Programme of the International Energy Agency has recently published its 2017 Annual Report featuring an assessment of national policies, research and technology demonstration on ocean energy...
2018-03-20 06:50:00
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