HHI to clinch FPS from US? [Offshore]
Llog Exploration, the US deepwater exploration company, is likely to order a floating production system (FPS) for its King's Landing project from Hyundai Heavy Industries (HHI).  According to foreign press and industrial source, Llog is e...
2018-05-02 07:13:20
"Surplus problem can be settled in early 2020s" [Shipping]
One industry expert noted that global shipping market is coming out of the bottom of the trough, but is likely to see no big gain as long as there is a surplus of tonnage going on.   Martin Stopford, non-executive president at Clarks...
2018-05-02 07:12:49
AVIC won Swedish ferry deal [Shipbuilding]
A Swedish ferry operator Stena Line is understood to have ordered a new Ro-Pax ferry to AVIC Weihai Shipbuilding of China. Foreign sources told that Stena, which had already ordered four 'E-Flexer' Ro-Pax ferries to the same yard in April 2017...
2018-05-02 07:12:03
Nexans lands Mad Dog 2 umbilicals gig [Offshore]
The United States is expected to account for up to 80 percent of the increase in global oil supply to 2025.[1] This growth is driving the development of new fields far offshore in ever greater water depths. One of the leading oil & gas produc...
2018-05-01 07:40:13
Vard secures contract for CLV [Offshore]
Vard announced on April 29 that it have been selected by Prysmian Group for the design and construction of one cable laying vessel. The contract value, including owner supplied special equipment, amounts to approximately € 170 million (approxim...
2018-05-01 07:39:42
Ideo-Acacia to develop floating wind farm [Offshore]
French floating offshore wind leader Ideol and Acacia Renewables, a wholly owned Japanese renewable energy development platform of Macquarie Capital, signed a Memorandum of Understanding (MOU) in March aiming at developing Japan’s first utility...
2018-05-01 07:38:36
WinGD wins Marine Propulsion Emissions Reduction Award [Equipment]
Winterthur Gas & Diesel (WinGD) celebrates Emissions Reduction Award win on the heel of the new IMO 2050 targets WinGD took home the Marine Propulsion Emissions Reduction Award last week, in Amsterdam, during the Sulphur Cap 2020 Conferenc...
2018-05-01 07:37:05
Royal IHC sign contract for dredgers [Shipbuilding]
Royal IHC recently announced that it has secured an order from the Engineering Authority at the Egyptian Ministry of Defence (MOD). The contract comprises the construction of 10 IHC Beaver® Cutter Suction Dredgers (CSDs) and five Delta Multi Cra...
2018-05-01 07:36:27
JGC-COOEC agree on co-op [General]
JGC Corporation announced recently that it has reached an agreement for co-operation relating to projects that adopt the module method and concluded the five-year “Strategic Co-operation Agreement” with Offshore Oil Engineering Co., Ltd. (her...
2018-05-01 07:33:32
Tsuneishi delivered 2,800 TEU boxship [Shipbuilding]
On 12 April, TSUNEISHI SHIPBUILDING Co., Ltd. (HQ: 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima, Japan; President: Kenji Kawano) delivered the completed “KMTC SURABAYA” to the ship owner. This first “2,800 TEU Container Carrier”, our...
2018-05-01 07:31:25
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