Chinese yards see profitability down in 1H [Shipbuilding]
For the first half of 2018, Chinese shipbuilding industry experienced falling deliveries and profitability against a year ago, but saw an increase in order cover and new order intakes.   According to the China Association of the Nati...
2018-08-09 07:21:48
YZJ wins 22 NBs in 1H [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ), the largest private shipbuilder in China, turns out to have been awarded newbuildings worth close to $1bn for the first half of 2018.  The Singapore Exchange-listed (SGX-listed) company ann...
2018-08-09 07:21:18
Fincantieri Marine Group announces CEO succession [General]
Fincantieri Marine Group announced that, following a successful six‐year tenure as the company’s President and Chief Executive Officer, Francesco Valente has announced his intention to step‐down from the position to assume another leadershi...
2018-08-08 07:26:08
GulfMark Offshore received merger proposal [Shipbuilding]
GulfMark Offshore, Inc. (“GulfMark”) (NYSE:GLF) confirmed that it has received a non-binding, unsolicited proposal from HGIM Corp. (“Harvey Gulf”) to combine the companies through a merger in which GulfMark would acquire Harvey Gulf, with...
2018-08-08 07:24:48
Prosafe reached agreement for undelivered units [Shipbuilding]
Prosafe has reached agreements with COSCO and its lenders which will transform the company's fleet, market position and earnings potential, and secure a significantly enhanced financial runway. Prosafe ("Prosafe" or the "Company") and COSCO Sh...
2018-08-08 07:23:53
Gondan signs contract for new ferry [Shipbuilding]
GONDAN Shipbuilders has just signed a contract for the construction in 9 months of a new passenger catamaran for a European country. The vessel, which will reach 34 knots at full load, will be driven by two 3,000 hp engines each, which will make ...
2018-08-08 07:23:04
AR creates new dimension in marine maintenance [General]
Digitalisation and the rapid development of new technologies is fundamentally transforming the marine industry. New innovations increase efficiency and flexibility. However, these innovations are no longer confined to products and systems. They w...
2018-08-08 07:22:43
DNV GL secures Shell Penguins contract [Offshore]
DNV GL has won a cross-service contract to support Shell's Penguins Field redevelopment on the UK Continental Shelf. The contract with Shell involves a team which will deliver an integrated verification and class project for the operator's Pen...
2018-08-08 07:22:16
ASM industries wins foundation construction [Offshore]
ASM Industries, the largest Portuguese producer of wind towers and offshore foundations, was the company chosen to manufacture and supply two complete platforms for the new offshore wind farm in Viana do Castelo under the WindFloat Atlantic proje...
2018-08-08 07:21:40
Siemens Gamesa win Fryslân nearshore wind [Offshore]
The consortium of Siemens Gamesa Renewable Energy and Van Oord has been selected by Windpark Fryslân B.V. as the preferred contractor for the construction of the Fryslân nearshore wind farm. The wind farm will contain 89 wind turbines with a ca...
2018-08-08 07:21:18
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