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Genco Shipping prepares 2020 regulations
[Equipment]
Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”) today announced that it plans to install exhaust gas cleaning systems (“scrubbers”) on its 17 Capesize vessels with options for installation on an additional ...
2018-10-11 07:17:34
SINN Power brings green energy to Guinea
[Offshore]
The German startup SINN Power is conducting a feasibility study on the potential of wave energy and other renewable technologies on behalf of a customer in Guinea. A stable power supply is by no means a matter of course for the inhabitants of ...
2018-10-11 07:16:35
Crown Estate completes initial assessment of OWF offers
[Offshore]
The Crown Estate has completed its initial assessment of offshore wind extension applications, confirming that the eight proposed projects, representing up to 3.4GW of potential new capacity, have satisfied the application criteria. The eight ...
2018-10-11 07:16:04
Sea Machines delivers autonomous tech
[Equipment]
Sea Machines Robotics, a Boston-based developer of autonomous technology for marine vessels, announces the successful completion of product sea trials of the company’s introductory line of intelligent command and control systems, developed for ...
2018-10-11 07:14:17
New marine technology for Arctic conditions
[Equipment]
Through the ArTEco project, European marine research institutes and companies have developed creative technologies for thruster solutions, under the leadership of VTT and Wärtsilä. Thruster lifetimes can be increased, their maintenance need can...
2018-10-11 07:13:43
MJ FPSO extended bidding deadline
[Offshore]
Reliance Industries, the developer of $2bn MJ FPSO project, has extended the bidding deadline of the project. According to foreign media and HI Investment & Securities, Reliance has postponed the deadline for the technical & commercial...
2018-10-11 07:11:10
Iran plans to build 100 new ships
[Shipbuilding]
Iran turns out to have built three Aframax tankers in its domestic shipyards. It is said that the project is a part of the Iranian government's program to build 100 ships in the country. According to foreign medial outlet, the 113,000 dwt tank...
2018-10-11 07:10:44
Zvezda won seven Russian ships
[Shipbuilding]
Zvezda Shipbuilding Complex (SSС Zvezda) is recording a rally of newbuilding orders from domestic clients. After the yard secured three Lider-class ice-breakers from the Russian government, it continued to win four OSVs from compatriot gas gi...
2018-10-11 07:07:50
Hahn & Co takes over SK Shipping
[Shipping]
Hahn & Co, a private equity fund in Korea, has become the largest shareholder of its compatriot SK Shipping with investment of KRW 1.5trn (approximately $1.3bn). As a result, SK Shipping achieves a sharp decrease in its debt-to-equity ratio t...
2018-10-11 07:07:08
'Global Marine Business Plaza 2018' ended
[Equipment]
The 'Global Marine Business Plaza in Singapore 2018', which was held on October 4 under the sponsorship of the Korea Marine Equipment Association (KOMEA) and the LINC+ project team of Korea Maritime and Ocean University (KMOU), ended in great s...
2018-10-11 07:06:18
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