ORE Catapult partnering with Tus-Wind [Offshore]
UK technology innovators and researchers set to gain access to the world’s fastest growing offshore wind market The UK’s Offshore Renewable Energy (ORE) Catapult is partnering with China’s Tus-Wind to establish the TUS-ORE Catapult Techn...
2018-09-14 07:15:58
J-POWER/ENGIE tie for offshore wind projects [Offshore]
Electric Power Development Co., Ltd. (J-POWER) and ENGIE have signed a Memorandum of Understanding (MOU) to a non-exclusive collaboration for power projects, particularly in large scale commercial offshore wind projects. To promote and expand ...
2018-09-14 07:15:33
Cargill hires PC quartet built at HMD [Shipbuilding]
Cargill, the US leader in food distribution, turns out to have hired four product carriers (PCs) built at Hyundai Mipo Dockyard (HMD).  According to Fairplay, Cargill is to charter the 50,000 dwt PC quartet the Korean shipbuilder has rece...
2018-09-14 07:15:06
Ghana officialize FRU project [Offshore]
While the industry has heard CSSC-affiliated Jiangnan Shipyard receiving an order for 28,000-cbm LNG FRU project from Gasfin Development of the UK, the government of Ghana officialized LNG import project. According to the announcement, Tema LN...
2018-09-14 07:14:37
Croatia seeks new investor in Uljanik [Shipbuilding]
The Croatian government has contacted new investors for the management stabilization of its compatriot shipbuilder Uljanik Group which is in financial difficulties.  Before starting restructuring process under the European Union's (EU's) ...
2018-09-14 07:14:12
CSBC gains momentum with governmental orders [Shipbuilding]
CSBC is confident that the Taiwanese shipbuilding major will see a significant improvement in management on the strength of supports from its compatriot government. Chairman Cheng Wen-Long said the company has signed a contract for submarines,...
2018-09-14 07:13:41
CMG integrating subsidiary yards [Shipbuilding]
China Merchants Group (CMG) has combined Zhejiang Eastern Shipyard (ZESCO) into its subsidiary yard, Yiu Lian Dockyard, it is said. According to foreign media and industry, ZESCO is renamed as Yiu Lian Dockyard (Zhejiang), being the 5th yard i...
2018-09-14 07:13:10
Korean shipbuilding: ways forward to future ② [Shipbuilding]
Unique products, unequaled opportunities Korean shipbuilders need to step up their efforts to raise corporate sustainability and profitability by the development of a unique portfolio. The Global Core Research Center for Shipbuilding and ...
2018-09-14 07:12:27
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
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