SolstadFarstad: Contracts in Brazil [Offshore]
SolstadFarstad announced on April 12 that PETROBRAS – Petróleo Brasileiro S.A. has awarded SolstadFarstad a 1 year firm contract to the AHTS “Far Scout” (2001, AHTS UT 722L, 186t BP) and to the AHTS “BOS Turquesa” (2007, AHTS UT 722L, ...
2018-04-17 07:16:09
Trader Mitsui orders 82K BCs at China [Shipbuilding]
Japanese trading company Mitsui & Co is understood to have ordered 2+2 82,000-dwt kamsarmax bulkers at Yangzijiang Shipbuilding (Holdings) Group (YZJ). The units will be delivered from end-2019 to 2020, TradeWinds reported, and the price i...
2018-04-17 07:15:04
Wuhu to build four new BCs [Shipbuilding]
It is learned that Graig Shipping has ordered four new bulkers at Wuhu Shipyard, located in Anhui, China. The operator located in Cardiff, England is recently said to have been poised to order an ultramax bulker series at Chinese yards in coop...
2018-04-17 07:11:40
First AMP for larger vessels built in Korea [Shipping]
The construction of Alternative Maritime Power supply (AMP), an onshore facility to provide power to vessels, is completed. Incheon Port Authority (IPA) witnessed the dedication ceremony for Korea’s first high voltage AMP on April 12. The ce...
2018-04-17 07:11:03
New Times builds 16 TKs for Navig8 [Shipbuilding]
Navig8 Group turns out to have had a total of 16 product tankers in New Times Shipbuilding's order cover.   In the UK company's website, eight 49,000 dwt units (for delivery in 2019) and eight 110,600 dwt ships (for delivery from 201...
2018-04-17 07:10:18
Korea breathes new life into closed SB yard [General]
World's leading experts join a business to convert ShinaSB Yard, which was closed last 2015 against a backdrop of sluggish shipbuilding market, into an international landmark. The Ministry of Land, Infrastructure and Transport (MOLIT) and Kore...
2018-04-17 07:09:40
STX O&S takes additional voluntary retirement application [Shipbuilding]
STX Offshore & Shipbuilding (STX O&S) has recently announced that it receives additional applications for voluntary retirement and job transition to outsourcing companies during April 16-17. A STX O&S official explained, "The lates...
2018-04-17 07:09:02
NB crude carrier market heats up [Shipbuilding]
As tanker prices declined, more investors began turning to the speculative asset play as an investment opportunity. Guggenheim Capital from the US is said to have recently ordered two 300K very large crude carriers (VLCCs) from Daewoo Shipbuil...
2018-04-17 07:08:30
IMO to halve global GHG emissions [Shipping]
The International Maritime Organization (IMO) has confirmed a plan to halve the global greenhouse gas (GHG) emissions. It is the first international agreement made related to GHG in shipping sector.    Via its Marine Environment Prot...
2018-04-17 07:07:38
HHI scores additional two LNGCs [Shipbuilding]
It turns out that Hyundai Heavy Industries have scored additional two LNG carriers. IHS Fairplay reported that Sovcomflot and Knutsen OAS Shipping recently exercised their options for another LNGC unit to add HHI’s orderbook two LNGCs. Ac...
2018-04-17 07:07:02
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