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HHLA floating crane loads big propeller
[Equipment]
On Sunday, 16 September, Hamburger Hafen und Logistik AG (HHLA) loaded the biggest ship propeller in the world onto a vessel. The “HHLA IV” floating crane brought the gigantic 110-tonne object to the port of Waltershof, where it was hoisted o...
2018-09-19 07:16:49
Maersk announces bunker adjustment factor
[Shipping]
Maersk recently has sent a note to customers on its new bunker adjustment factor policy, as follows: "Dear customer, From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Whereas today shi...
2018-09-19 07:16:17
Marinakis contracts Daehan for aframaxes
[Shipbuilding]
Greek shipowner Evangelos Marinakis selected Daehan Shipbuilding for an order of two aframax tankers. The owner's Capital Maritime and Trading has ordered two 114,000-dwt tankers from the Korean shipyard, according to shipbroking industry sour...
2018-09-19 07:14:41
Wuhu wins domestic ultramax order
[Shipbuilding]
China's Wuhu Shipyard has scored a newbuilding contract for an ultramax bulker for a newly-born domestic shipowner. Compatriot shipping company Dingxin Shipping, which was just set up this month, ordered the 64,000-dwt vessel from Wuhu Shipyar...
2018-09-19 07:14:00
"60% increase expected in marine fuel costs"
[Shipping]
A Korean industry expert has expected that marine fuel costs will sharply increase by the use of low sulfur oil against a backdrop of the International Maritime Organization's (IMO's) 0.5% sulfur cap. Yoon Hee-sung, head of Big Data Rese...
2018-09-19 07:13:16
Three-way race for Reliance MJ FPSO
[Offshore]
There has been a three-way race in a competition to provide MJ floating production storage and offloading (FPSO) vessel worth $2bn for India's Reliance Industries. According to foreign media and industrial source, it turned out tha...
2018-09-19 07:11:16
SHI workers engaged in struggle
[General]
Workers at Samsung Heavy Industries' (SHI's) Geoje shipyard engaged in a struggle after failing to reach agreement with the management in collective talks about restructuring process and wages for three years. The SHI labor union held a ...
2018-09-19 07:10:42
Daewoo pays suppliers before holidays
[General]
Daewoo Shipbuilding & Marine Engineering (DSME) is to pay around KRW30bn to its suppliers earlier than scheduled before Chuseok holidays. DSME announced that it plans to make the payment for deliveries on September 21, 10 days before fixed...
2018-09-19 07:10:06
Marine Tech seeks new visions
[Shipbuilding]
South Gyeongsang Province held an open ceremony of 'Marine Tech Korea 2018' at the Changwon Exhibition & Convention Center (CECO), Changwon City, South Gyeongsang Province, Korea, on September 17 in the presence of high officials of both cent...
2018-09-19 07:09:23
Korea envisioning 100 LNG ships
[General]
The Ministry of Trade, Industry and Energy (MOTIE) of Korea announced that it would build 100 LNG-powered ships and establish five LNG bunkering facilities by 2025. A MOTIE official introduced such ambition in ‘International LNG Conference 2...
2018-09-19 07:08:49
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