HHI Co-president Han meets union [Shipbuilding]
Hyundai Heavy Industries (HHI) co-president Han Young-Seok opened the talk with HHI union. On November 7, Han met the leadership of Korean Metal Workers’ Union (KMWU)’s Hyundai Heavy Industries (HHI) branch and union president Park Geun-Ta...
2018-11-09 08:40:28
"3rd LNGC cycle now started" [Shipbuilding]
An analyst argued that another LNG newbuilding cycle has just started. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, commented that “the ROI period of LNGC recently reduced only four years, with rates in Pacific routes re...
2018-11-09 08:39:59
"Norway leading ban on scrubber" [Equipment]
Norwegian Maritime Authority recently announced that it is considering to ban all types of scrubbers in regions such as Aurlandsfjord and Tafjord. It seems Norway is trying to protect. On the move, Park Moo-Hyun, a researcher at Korea's Hana F...
2018-11-09 08:39:15
"SHI expecting a better year" [Shipbuilding]
An analyst predicted Samsung Heavy Industry (SHI) to enjoy improved performance in 2019 both in revenue and order intake. Kim Hong-kyun, a researcher at DB Financial Investment, presented such an idea on November 8, saying that the rest of the...
2018-11-09 08:38:45
Shaping regulatory framework in autonomous shipping [Shipping]
Wilhelmsen Ship Management (WSM) has entered into two agreements that will set the tone for operational and regulatory framework in autonomous shipping. The first agreement focuses on the development of a safety management system (“safety manag...
2018-11-08 08:22:40
Fugro-L3 ASV to develop auto-ship [Equipment]
Fugro has signed a joint development agreement with L3 ASV, a leader in the field of unmanned and autonomous vessel technology, to create the next generation of autonomous vessels for the commercial survey market. The partnership brings together ...
2018-11-08 08:21:50
BIO-UV Group grew thanks to BWTS [Equipment]
Sales of the BIO-SEA ballast water treatment system have contributed to an increase in third quarter revenue for France-based BIO-UV Group. The Group reported a Q3 2018 revenue of €3.4m, an increase of 30% on the same period last year. “Th...
2018-11-08 08:21:05
MacGregor receives clearance for acquisition of TTS [Offshore]
MacGregor, a part of Cargotec, has  received a clearance decision from the German Federal Cartel Office (Bundeskartellamt) for the company's acquisition of the marine and offshore businesses of TTS Group ASA, which was announced on 8 Februar...
2018-11-08 08:19:16
WinGD enhances global training network [General]
The appointment of two new WinGD training partners will provide easier access to high quality training for ship operators and crews. Strategically chosen for their high qualifications and location in prime maritime geographical areas, WinGD ha...
2018-11-08 08:17:59
Aegean Marine files bankruptcy [Shipping]
Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or the “Company”) announced today that the Company and certain of its subsidiaries (the “debtors”) filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Co...
2018-11-08 08:17:20
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