MSC orders cruise ship from STX France [Shipbuilding]
MSC Cruises ordered its 5th 'Meraviglia' class cruise ship from STX France. The vessel with a next generation duel-fuel engine is slated for delivery in 2023.  According to foreign press and industrial source, the price of the cruise ship...
2018-06-18 07:39:13
Yinson in FPSO chartering talks for Africa [Offshore]
Yinson Holdings Berhad, a Malaysian ocean energy developer, turns out to have been in talks with First Exploration & Petroleum Development Company (First E&P), a Nigerian oil and gas company, about chartering floating production storage a...
2018-06-18 07:38:15
HHI shut down PCs after work hour [Shipbuilding]
Hyundai Heavy Industries (HHI) announced on June 15 that to comply with revised Labor Standards Act, it will shut down all PCs except ones priorly approved. In line with this policy, HHI is forcefully shutting down all PCs in the offices after...
2018-06-18 07:37:45
KFTC strikes hard blow to cable collusion [Equipment]
The Korea Fair Trade Commission (KFTC) imposed a total of KRW22.7bn of penalty surcharge to marine cable providers who had fixed the price in collusion. The Commission stated that the penalty will be imposed to five cable providers who had rig...
2018-06-18 07:37:18
China delivers ultra large containership [Shipbuilding]
China has recently succeeded in the delivery of ultra large containership (ULC). According to China's official state-run press Xinhua News Agency, CSSC-affiliated Jiangnan Shipyard has recently delivered one of six 21,000 teu containerships fo...
2018-06-18 07:36:54
ASRY nets BWTS retrofit deal [Equipment]
Arab Maritime Petroleum Transport Co (AMPTC), a large tanker operator, turned out to have commissioned Arab Shipbuilding and Repair Yard (ASRY), a Bahrain-based repair yard, to install ballast water treatment systems (BWTS) in its very large crud...
2018-06-18 07:36:17
Jinling won Danish Ro-Ro ship [Shipbuilding]
It is understood that a Danish operator DFDS have ordered additional one Ro-Ro unit at Jinling Shipyard of China. According to foreign media and industry, the ship will be delivered in 1H 2020. DFDS CEO Niels Smedegaard commented that the o...
2018-06-18 07:35:48
BMEA sending trade mission to Russia [Equipment]
Busan Marine Equipment Association (BMEA) announced that it is sending a trade mission to Vladivostok, Russia with support from Busan Metropolitan City and the Ministry of Trade, Industry, and, Energy (MOTIE). The trade mission is planned to v...
2018-06-18 07:35:12
HMM-Big3 sign LOI for new boxships [Shipbuilding]
HMM announced on June 15 that it signed LOI for new boxships with Korean Big3 yards. HMM and Big 3 officials held signing ceremony on June 15, and the main contract will be striked in no time, it is said. The liner operator has chosen Daewo...
2018-06-18 07:34:13
Korea likely to see losses in VLCC [Shipbuilding]
Against a backdrop of rising production costs, the more Korean large shipbuilders build very large crude carriers (VLCCs), the higher their losses will go, an industry expert claimed.    Jeong Dong-Ik, an analyst from KB Securities o...
2018-06-18 07:32:20
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