PEA trials Vesper Marine’s Guardian solution [Offshore]
Vesper Marine announced on 22nd May that Provincial Electrical Authority (PEA), the major power distribution company in Thailand, will be trialing 'Guardian:protect' to monitor and protect the 22 kV submarine cable system from Sriracha to Koh Si ...
2018-05-24 07:15:28
OWF boom may stimulate Jones Act ships [Shipbuilding]
An industry official predicted that coming offshore wind boom in the US will stimulate the demand for Jones Act ships. Emily Huggins Jones, a partner at Squire Patton Boggs commented that project developers will prefer Jones Act ships built in...
2018-05-24 07:13:46
Gyeongnam held public meeting on Sungdong [General]
Gyeongnam Provincial Government held a public meeting on May 18 at Sungdong Shipbuilding & Marine Engineering’s court management. On the meeting presented high officials including the acting Governor, Han Kyung-Ho, and managers of Sungdo...
2018-05-24 07:12:44
Gunvor to build six PCs in Korea [Shipbuilding]
Global oil trader Gunvor Group is poised to build newbuildings at Korea, taking advantage of historic low price. According to foreign media and industry, the trader, with its partners Oceangold Tankers and Maas Capital, has placed an order for...
2018-05-24 07:12:08
STX makes comeback after reorganization [Shipbuilding]
STX Offshore & Shipbuilding (STX O&S) is making a comeback after its long reorganization. According to the industry, STX recently has finished its reorganization process, downsizing departments less relevant to field work, to reduce fi...
2018-05-24 07:11:37
1Q saw 170% growth in newbuilding order [Shipbuilding]
Global yards took 170% more newbuilding orders during 1Q 2018 at 13.37m gt (7.03m cgt, 289 units) compared to the same period last year. Dalibor Gogic, Principal Analyst of IHS Markit Maritime & Trade, commented that on the contrary, yards...
2018-05-24 07:11:01
Awilco Drilling PLC: Contract signed with Shell [Offshore]
With reference to our press release of 14 February 2018, Awilco Drilling PLC is pleased to confirm that a contract has been signed with Shell UK Limited for the provision of WilPhoenix for a decommissioning program of 18 firm wells plus options t...
2018-05-23 07:40:08
Deepocean awarded services contract from Equinor [Offshore]
DeepOcean AS, a subsidiary of DeepOcean Group Holding BV (DeepOcean), has been awarded a long term contract involving subsea life of field services on Equinor operated fields. The award covers onshore project management, engineering and offsho...
2018-05-23 07:39:35
Rolls-Royce/Finferries to optimise ship safety and efficienc [Shipping]
Rolls-Royce and Finnish shipowner Finferries have signed a collaboration agreement to jointly develop strategies and solutions to optimise the safety and efficiency of marine operations through developing the technology for decision supporting sy...
2018-05-23 07:37:58
Prosafe extends standstill agreement with COSCO [General]
Prosafe remains focussed on its fleet high-grading strategy and continues to work with COSCO Shipping (Qidong) Offshore Co. Ltd (COSCO) to find a comprehensive commercial solution for the three Prosafe vessels that currently reside in COSCO’s Q...
2018-05-23 07:37:22
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