China Ocean signs S&LB deal for affiliate yard [Shipbuilding]
China Ocean Industry Group has recently signed a Sale and Leaseback (S&LB) contract with its compatriot Ruilian Asset Management Company for the overall assets of its affiliates Jiangzhou Union Shipbuilding.   Under the deal, Chi...
2018-10-19 07:08:20
"LNG project sanctions increase in 2019" [Shipbuilding]
It is forecasted that there will be a flood of LNG development projects which see final investment decision (FID) in 2019.   Wood Mackenzie, a global energy, metals and mining research and consultancy group, explained, "After a deart...
2018-10-19 07:07:04
DSME boosts LNGC sales [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) held an investor relation (IR) meeting on October 15 at Conrad Seoul Hotel, Yeouido, Seoul, Korea, to inform that LNG carriers (LNGCs) would soon account for more than 50% of its annual revenue....
2018-10-19 07:06:35
HHI has seminar for securities business [Shipbuilding]
Hyundai Heavy Industries (HHI) had its very first eco-friendly technology seminar for securities business on October 17 at Meritz Securities office building, Yeouido, Seoul, Korea. About 30 fund managers and analysts attended the Investor Rela...
2018-10-19 07:06:06
CSHI signs for Norwegian shuttle tankers [Shipbuilding]
China's state-owned shipping and shipbuilding giant COSCO Shipping Heavy Industry (CSHI) has won shuttle tanker newbuilding series order from Norway. During the Norway-China Business Summit held earlier this week, CSHI and Knutsen NYK Offshore...
2018-10-19 07:05:29
Rauma nets LNG-fueled shuttle ferry [Shipbuilding]
Tallink turns out to have booked one LNG-powered shuttle ferry at Rauma Marine Constructions (RMC), a Finnish shipbuilding company.  According to the Estonian owner, the value of the newbuild reaches EUR 250m (approximately $288m) and RMC...
2018-10-19 07:04:56
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