OECD WP6 discusses on subsidy policy [Shipbuilding]
The participants of the 125th OECD Council Working Party on Shipbuilding (OECD WP6), which was held during May 15-16 in Paris, France, agreed to build biding rules against state subsidy in the shipbuilding industry and to deliver such policy to C...
2018-05-25 07:12:13
Samkang/HB-HUNTE join forces for LNG tech [Equipment]
Samkang M&T/S&C of Korea signed a strategic MOU with HB-HUNTE of Germany, which has unique technological assets in gas carrier segment. HB-HUNTE has been in special purpose vessel market since 60s and has especially unique and valuable...
2018-05-25 07:11:04
Global orderbook slightly shrank [Shipbuilding]
Global newbuilding orderbook recorded 200.1m dwt (75.8m cgt, 3,024 units) at the end of April, which is slightly higher than a year ago but 5% lower compared to the beginning of the year. As of the end of April, according to Clarkson Researc...
2018-05-25 07:10:34
"Scrapping activity rocketing high" [General]
An analyst presented an idea which saying scrapping activity, especially in tanker segment, is showing a sharp increase, and the increase will eventually lead to newbuilding demands. Park Moo-Hyun, a researcher at Korea's Hana Financial Invest...
2018-05-25 07:08:57
Wärtsilä LNGPac passes 100th order milestone [Equipment]
The technology group Wärtsilä’s Fuel Gas Supply Systems have passed a significant milestone with the 100th order being booked. Two new shuttle tankers being built for Singapore based AET Tankers will feature Wärtsilä 34DF dual-fuel auxiliar...
2018-05-24 07:20:55
'Sulphur Cap Chaos in 2020' warn world’s shipown... [Shipping]
The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) urgently resolves some serious issues concerning the successful implementation of the 0.5 percent sulphur in marin...
2018-05-24 07:20:13
ABS Nautical Systems chosen by Crosby Tugs [Equipment]
Crosby Tugs selected the ABS industry-leading Nautical Systems (NS) mobile compliance software to enable compliance with Subchapter M regulatory requirements. By adopting NS Workboat across its fleet of tugboats, Crosby can record compliance data...
2018-05-24 07:19:06
Sembcorp completes topsides for Culzean project [Offshore]
Three fixed platform topsides, newly completed at Sembcorp Marine Admiralty Yard for French oil supermajor TOTAL, are destined for the High Pressure-High Temperature (HPHT) Culzean gas field in the UK North Sea. Comprising Well Head, Utilities...
2018-05-24 07:18:25
Local economic benefits of wind energy [Offshore]
WindEurope recently launched a new “Local Impact, Global Leadership” toolkit that maps out the local economic benefits of wind energy. With the future of renewables in Europe at stake in Clean Energy Package negotiations, now is a critical...
2018-05-24 07:17:37
Burckhardt revamps Golar's FSRU compressor [Equipment]
The very first Laby®-GI Compressor of Burckhardt Compression was used as an MSO (minimum send-out) compressor. The compressor is installed on the FSRU (floating storage and regasification unit) vessel Golar Freeze, which will now receive a new l...
2018-05-24 07:16:51
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