Panasia nets 1st scrubber retrofit deal in Korea [Equipment]
Panasia, a Korea marine equipment manufacturer, has recently signed a contract with Turkish shipowner DITAS for the supply and retrofit of its SOx scrubber products (PaSOx smart v2.0) for two Suezmax tankers.  The first delivery of the 25...
2018-10-02 07:16:00
Rosebank FPSO project delayed [Offshore]
While Daewoo Shipbuilding & Marine Engineering (DSME) is currently in a hard-fought battle to win Rosebank FPSO, the project worth KRW 2trn (about $1.8bn) runs somewhat behind schedule. Moreover, there is a possibility of further delays as th...
2018-10-02 07:15:29
"LNGC owners expected to sail downwind" [Shipping]
While it is expected that demands for LNG will see a sharp increase in the years ahead amid growing industrial needs for clean energy all around the world, the benefits of LNG carrier owners are likely to surge. In addition to spot rates for L...
2018-10-02 07:14:50
SWS-BSIC win up to 14 BC series [Shipbuilding]
While it is recently said that a 10-year charter package has been agreed in principle between China's Shandong Shipping and German electric power giant RWE AG, Shanghai Waigaoqiao Shipbuilding (SWS) and Qingdao Beihai Shipbuilding Industry (BSIC)...
2018-10-02 07:14:09
Wuhu won up to 10 ultramax ships [Shipbuilding]
Wuhu Shipyard of China has won up to 10 units of ultramax bulkers from Glory Maritime International Holdings, it is said. According to TradeWinds, the operator has ordered 4+6 63,500-dwt ships at Wuhu. The vessel will feature Tier III configur...
2018-10-02 07:10:18
KOMEA opens Global Marine Business Plaza [Equipment]
The Korea Marine Equipment Association (KOMEA) Singapore branch is holding Global Marine Business Plaza in Singapore 2018 with Korea Maritime and Ocean University (KMOU) LINC+ project team during October 4-5. The event includes 1:1 export meet...
2018-10-02 07:09:39
HHI delivers boxship quartet for IRISL [Shipbuilding]
A newbuilding project of Islamic Republic of Iran Shipping Lines (IRISL), which had had difficulties due to the Trump administration's new economic sanctions, has recently found a new owner. As for four 14,500 teu containerships the Iran's sta...
2018-10-02 07:09:01
HHI won two shuttle TKs [Shipbuilding]
Hyundai Heavy Industries (HHI) added two shuttle tankers in its orderbook, stacking 129 units worth $10.4bn by Q3 2018. HHI recently announced it won two 153,000-dwt shuttle tankers worth a total of $210m from KNOT of Norway. The construction ...
2018-10-01 14:46:18
SHI won an LNG carrier [Shipbuilding]
Samsung Heavy Industries (SHI) announced on October 1 that it won a newbuilding deal for a 174,000-cbm LNG carrier from an Asian operator at around $179.8m. The contract is valid from September 28, 2018, to March 31, 2021. The name of orderer ...
2018-10-01 14:45:10
Magnificent VLCC-seven for TMC [Equipment]
TMC Compressors of the Seas (TMC) has signed contracts to supply marine compressed air systems to seven VLCCs that Korean shipbuilder DSME (Daewoo Shipbuilding & Marine Engineering) is constructing for Norwegian Hunter Group. Under the con...
2018-10-01 07:23:53
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