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Exmar signs FSRU charter deal with Gunvor
[Offshore]
EXMAR announced that it has executed a fully effective ten year charter with Gunvor for the provision of its FSRU (floating Storage and Regasification Unit) barge and related services in Bangladesh. The EXMAR FSRU barge is currently at Keppel Shi...
2018-05-16 07:31:41
RedPort launches replacement for Fleet Xpress device
[Equipment]
The world’s first satellite device that combines the Inmarsat Fleet Xpress Network Service Device (NSD) with the RedPort Optimizer Enterprise satellite router and VoIP gateway was launched by RedPort Global. The single rackmount applia...
2018-05-16 07:30:57
Emerson-AspenTech form alliance for digitalization
[General]
Emerson and AspenTech announced they have teamed up to deliver asset optimization software solutions along with global automation technologies and operational consulting services. Together, the two industry leaders will help customers optimize pr...
2018-05-16 07:30:26
Newport Shipping focuses on ship repair sector
[Shipbuilding]
UK-headquartered Newport Shipping Group (the “Company”) announces the appointment of Erol Sarikaya as CEO and new executive team with a focus on providing comprehensive drydocking, repair services and financing to the global shipping industry...
2018-05-16 07:29:38
HSBC-Cargill complete blockchain transaction
[Finance]
HSBC Holdings, a British-based multinational banking and financial services company, has recently announced that it completes the blockchain-based trade finance transaction for the first time in the world. According to foreign presses an...
2018-05-16 07:28:05
CHI wins wind turbine ship
[Shipbuilding]
State-owned China Railway Construction Corporation (CRCC) turns out to have ordered one jack-up offshore wind turbine installation vessel from its compatriot shipbuilder COSCO Shipping Heavy Industry (CHI). With dimensions of 105m in len...
2018-05-16 07:27:12
Fredriksen chooses scrubber for bulkers
[Equipment]
A Norwegian shipping magnate John Fredriksen chooses scrubber for large bulkers of his shipping group. The news is recently revealed by Marius Hermansen, Director of Seatankers Group, through TradeWinds. He estimated the installation costs to ...
2018-05-16 07:26:43
ITF questions future of LNG fuel
[Shipping]
The International Transport Forum (ITF) at the OECD has questioned if using LNG as ship fuel is such a good idea. The ITF's recent report reads, "When shipbuilding cost difference plays more important part than fuel cost difference, shipowners...
2018-05-16 07:26:11
Ulsan promotes smart equipment factory business
[Shipbuilding]
Ulsan Metropolitan City of Korea announced on May 15 that it will promote a project of 'smart factory supports for shipbuilding equipment providers'. The business aims to help Ulsan's local shipbuilding equipment manufacturers to raise t...
2018-05-16 07:25:01
KR launches SeaTrust-HullScan 2nd version
[General]
Korean Register of Shipping (KR) announced on May 14 the launch of the second version of SeaTrust-HullScan, a globally renowned structural analysis program. SeaTrust-HullScan is developed by KR back in 2014 for structural analysis of bulker, d...
2018-05-16 07:24:17
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