Korean equipment providers linked to investors [Equipment]
The Ministry of SMEs and Startups (MSS) and Korea Fund of Funds (KFoF) are to connect five shipbuilding restructuring funds and Korean shipbuilding equipment providers. According to Korean investment bank industry, the two institutes had a con...
2018-09-14 07:11:13
HHI to get additionally paid for Nasr project [Offshore]
Hyundai Heavy Industries (HHI) is set to be paid additional $250m for the NASR offshore plant construction works in which the Korean shipbuilding heavyweight saw a huge losses.   For the project, HHI has spent KRW 1trn (approximately...
2018-09-14 07:10:45
Zvezda-SHI to establish JV for shuttle tankers [Shipbuilding]
LLC Shipbuilding Complex Zvezda and Samsung Heavy Industries Co. Ltd. (the Republic of Korea) signed an agreement in the framework of the IV Eastern Economic Forum setting the conditions for establishment of a joint venture in order to organize a...
2018-09-13 07:23:00
Sovcomflot-ABB open propulsion training center [General]
On 10 September 2018, the ceremonial opening of Vessel Electric Propulsion Training Centre, at the Admiral Nevelskoy Maritime State University, was held in Vladivostok as part of the 4th Eastern Economic Forum. The new facility focuses on prepari...
2018-09-13 07:22:00
Roxtec presents new sealing solution [Equipment]
Transit specialist Roxtec extends its range of plastic pipe seals to meet the demand for high quality light-weight aluminum solutions in the marine and offshore sector. From now on, the Roxtec Sleev-it™ penetration seals are available not only ...
2018-09-13 07:21:26
Energy demand will peak in 2035 [General]
Global spending on energy, as proportion of economic output, is set to slow sharply because the world’s energy demand will decline from 2035 onwards - that is according to DNV GL’s Energy Transition Outlook. The historically significant chang...
2018-09-13 07:20:58
Stena Line introduces first AI-assisted vessel [Equipment]
As a central part of Stena Line’s efforts to reduce fuel consumption and minimise environmental impact, the company is now running a pilot study where artificial intelligence technology is implemented on board vessels.  In close collabora...
2018-09-13 07:20:25
DFDS puts money in scrubber [Equipment]
DFDS will in 2019 invest DKK 300m to install scrubbers on 12 freight ferries deployed on freight routes in the Mediterranean between Turkey, Italy, Greece and France. The investment will ensure compliance with the new global rules that from 2020 ...
2018-09-13 07:19:43
ERMA First won BWTS contract [Equipment]
German based company, Peter Döhle Schiffahrts-KG signed an Agreement with ERMA FIRST S.A., manufacturer of Ballast Water Treatment Systems (BWTS),  on the 6th of September 2018, during the SMM 2018 exhibition, for the installation of BWTS...
2018-09-13 07:17:59
Damen Galati opens exhibition for its 125 years [General]
Displaying an extensive collection of historical maritime memorabilia, Damen Shipyards Galati has opened an exhibition in the Lower Danube University in the Romanian city of Galati. The exhibition is part of the yard’s 125 year anniversary cele...
2018-09-13 07:16:18
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