Norsepower concluded equity financing [Finance]
Norsepower Oy Ltd., the leading provider of low maintenance, software operated, and data verified auxiliary wind propulsion systems, announced that it has concluded its equity financing round, raising €3.6million in funding to drive the company...
2018-11-21 08:50:18
Wärtsilä’s calling Smart Partner Campus members [General]
Wärtsilä is building a Smart Technology Hub, a new centre of research, product development and manufacturing, in Vaasa, Finland, by the end of 2020. At the same time, a flexible smart marine and smart energy platform called Smart Partner Campus...
2018-11-21 08:49:45
McDermott celebrates sail away event [Offshore]
McDermott International, Inc. (NYSE: MDR) announced an event that was hosted at their world-class fabrication yard in Altamira, Tamaulipas, Mexico celebrating the sail away and another project milestone of the PEMEX Exploración y Producción PB-...
2018-11-21 08:48:28
Algoma to received funds for canceled bulkers [General]
A Canadian operator Algoma Central announced that it is to receive around $84.75m of refunds for four bulkers it had ordered and canceled at Uljanik shipyard of Croatia. According to TradeWinds and industry observers, one of the four ships had...
2018-11-21 08:39:10
HHIC offices go under the hammer [General]
Hanjin Heavy Industries & Construction’s (HHIC’s) Seoul and Busan office buildings went under the hammer. HHIC seems to want more than KRW200bn in total The industry says that HHIC recently appointed Deloitte Anjin and Cushman & Wa...
2018-11-21 08:38:29
Teekay moves up LNGC delivery [Shipbuilding]
Teekay LNG recently has moved up the delivery of four LNG carrier newbuildings. In its recent quarterly report for Q3, the company stated that the delivery of four ARC7 ice-breaking LNG carriers, Nikolay Yevgenov, Vladimir Voronin, Georgiy Ush...
2018-11-21 08:38:05
Maran Gas poised to order more LNGCs [Shipbuilding]
Maran Gas Maritime of Greece is about to order a pair of LNG carriers at a Korean yard. Foreign sources and media said that the owner company is poised to order the pair at Daewoo Shipbuilding & Marine Engineering (DSME) in this year. If t...
2018-11-21 08:37:41
Shell prepares order for 30 TKs [Shipbuilding]
Royal Dutch Shell turns out to have contacted global shipyards to discuss construction of about 30 newbuilds in total.  According to TradeWinds, it is said that the global oil major wants to secure 10+2+2+2 Handysize chemical tankers and ...
2018-11-21 08:37:16
KR leads discussion in 'Kormarine Conference 2018' [Shipbuilding]
The Korean Register of Shipping (KR) deals with main issues in the current global maritime industry including cyber security and sulfur oxide emission through 'Kormarine Conference 2018' which is held during November 20-21 at Haeundae Grand Hotel...
2018-11-21 08:36:52
LNG transshipped by DSME LNGC duo [Photo News]
In rare scenes, LNG was transshipped by two LNG carriers, which are built at Daewoo Shipbuilding & Marine Engineering (DSME), at the same time.  Caption: The world's first LNG carrier (right), which is built at DSME, is unloading LNG ...
2018-11-21 08:36:13
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