OOCL eyeing 1m capacity [Shipbuilding]
Hong Kong-based operator OOCL, which recently merged with Chinese state-run shipping company COSCO Shipping Holdings, announced its long-term strategy hinting fleet expansion and ordering of 20,000-teu ULCs. On August 6, Orient Overseas (Inter...
2018-08-08 07:19:14
SHI builds LNG-fueled tanker duo for Teekay [Shipbuilding]
Some specifications of two shuttle tankers Samsung Heavy Industries (SHI) won from Teekay Offshore last June at about $239m in total has been revealed.  Ingvild Saether, CEO at Teekay Offshore, noted through the company's 2Q business resu...
2018-08-08 07:18:34
CHI won Greek BC series [Shipbuilding]
COSCO Shipping Heavy Industry has won a kamsarmax series from Athens-based shipowning company, Hermes Marine Management. According to foreign media and industry, CHI is reported to have received 4+4 82,000-dwt bulkers from the owner through it...
2018-08-08 07:17:58
"33 FPSO emerge by 2020" [Shipbuilding]
A report predicted more bright future in FPSO market. Clarksons Research recently predicted that the FPSO market, which had faced the worst situation in 2016, is now recovering. Steve Gordon, Managing Director of Clarkson Research Services,...
2018-08-08 07:17:21
KOSHIPA to cultivate long-term industrial dialogue [General]
The Korea Offshore & Shipbuilding Association (KOSHIPA) has set out plans to strengthen the competitiveness of the Korean shipbuilding industry. According to the industry, the Association organized a consultative body to discuss ways to bu...
2018-08-08 07:16:43
Korea launches first floating wind demo [Offshore]
Korea launches its first floating wind verification facility off Ulsan. Ulsan City has announced that it will install a 750kW floating offshore wind power generator off Ulsan for the pilot project of floating plant. It is the first time in ...
2018-08-08 07:16:09
Hyundai Materials' scrubber chosen by Ciner [Equipment]
Hyundai Materials Corporation, a Korean post-cleaning system provider, has recently announced that it signed a letter of intent (LOI) with Ciner on July 31 for providing SOx scrubbers for 19 vessels.    Since its establishment in 201...
2018-08-08 07:15:28
JUNG-WOO nets Keppel deal for LNG fuel supply system [Equipment]
JUNG-WOO ENE, a Korean expert in LNG and cryogenic equipment field, has recently announced that it signed a contract with Singapore's Keppel Corporation for supplying systems for LNG-powered ships exclusively at the end of July.  The comp...
2018-08-08 07:14:54
Philippines offers site for Tsuneishi [Shipbuilding]
Japan's Tsuneishi Shipbuilding, which already operates Tsuneishi Heavy Industries (Cebu), Inc., has got the green light to secure a location for its additional yard in the Philippines.  According to a media outlet in the Philippines on Au...
2018-08-08 07:14:21
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