KHI wins Japan's 1st LNGBV [Shipbuilding]
Kawasaki Heavy Industries (KHI) announced on July 6 that the Japanese shipbuilder signed a contract with Central LNG Shipping Japan Corporation, a joint venture established by Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Co...
2018-07-10 07:15:59
Big 3 facing different scores in Q2 [Shipbuilding]
It seems Daewoo Shipbuilding & Marine Engineering (DSME) is the only earner among Korean ‘Big 3’ yards in Q2 2018, signifying increasing pressure from decreased orders during the last two years. According to FnGuide, a Korean market in...
2018-07-10 07:15:26
DSME and Sembcorp remain in 'Rosebank FPSO' bid [Offshore]
It is expected that a preferred bidder will be chosen within this month for Chevron's Rosebank FPSO project for which four players submitted the application last March. According to industrial source and foreign press, Daewoo Shipbuilding & M...
2018-07-10 07:14:46
Panasia inks giant scrubber deal [Equipment]
Panasia, a Korea marine equipment manufacturer secured a significant deal worth around KRW75bn from TMS Group led by George Economou, a Greek owner. The company revealed on July 9 that two parties signed a supply contract for scrubbers on July...
2018-07-10 07:14:06
"VLCC resale price likely to surpass $100m" [Shipping]
Norway's largest investment bank DNB Markets has recently forecasted that the price of very large crude carrier (VLCC) will surpass a $100m level within the next two or three years. Analysts at the bank including Nicolay Dyvik expected that th...
2018-07-10 07:13:32
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