Schlumberger withdraws from Fortuna [Offshore]
Schlumberger of the US withdraws from the Fortuna LNG project offshore Equatorial Guinea, another project partner companies announced. According to Project operator Ophir Energy and FLNG provider Golar LNG, Schlumberger will not continue to pa...
2018-06-05 07:23:13
Wallenius developing wind-powered ship [Shipping]
Norwegian car carrier operator Wallenius Wilhelmsen turns out to have recently developed wind-powered ship. During a press conference held on May 31 on Tokyo, Japan, CEO Craig Jasienski said the company will utilize low sulfur fuel and scrubbe...
2018-06-05 07:22:31
Adjusting to reduced working time in shipbuilding [Shipbuilding]
Facing working time reduction coming into force from July, the shipbuilding industry is adjusting its working scheme for compliance. However, some of the industry are expressing concerns that there is no viable option for complete compliance when...
2018-06-05 07:22:02
Korean new shipbuilding 3D CAD unveiled [Shipbuilding]
Korean computer-aided design (CAD) system developer Timetec held an unveiling event for 'TTM (TIMETEC MARINE)', a new 3D CAD system for ship construction works, on May 30, at Westin Chosun Busan, Busan Metropolitan City, Korea.   On ...
2018-06-05 07:21:21
VLCC newbuilding price heading to $100m ridge [Shipbuilding]
VLCC newbuilding price once hit $150m back in 2008 and then halved in the shades of depression, is again showing a positive signal. VLCC guideline newbuild price by Clarksons last week reached $87.5m, showing $0.5m markup. Recently Hyundai Hea...
2018-06-05 07:20:37
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