Mitsui E&S delivered new bulker [Shipbuilding]
Mitsui E&S Shipbuilding Co., Ltd. (MES-S) completed and delivered a 60,000 dwt type bulk carrier M.V. "STH MONTREAL" (Hull No. 1940) at its Tamano Shipyard on 27th November, 2018 to Sea Trade Holdings Inc., Republic of the Marshall Islands .&...
2018-11-29 08:45:14
LNG company Skangas renamed Gasum [General]
The energy company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy, a core element of which is to develop the Nordic gas market an...
2018-11-29 08:44:10
Car maker Renault to develop sailing ship [Shipbuilding]
During the Assises de la Mer maritime conference, Groupe Renault announced the signing of a 3-year partnership with Nantes start-up NEOLINE to develop a more sustainable maritime transport service powered by wind, and to contribute to the environ...
2018-11-29 08:42:59
GTT won another tank design job [Equipment]
GTT has received a new order notification from a Korean shipyard for the tank design of a new 174,000 m3 LNG carrier (LNGC), to be built on behalf of a European ship-owner. The vessel’s delivery is expected in Q1 2021. The LNG tanks of the v...
2018-11-29 08:42:01
Rolls-Royce to supply gen-sets to UK Navy [Equipment]
Rolls-Royce is to supply 18 MTU Series 4000 diesel generator sets to BAE Systems as part of the Power Improvement Project (PIP) to increase the resilience of the power and propulsion system in all six Type 45 destroyers. The two existing diesel g...
2018-11-29 08:41:17
Boskalis win a export cable deal [Offshore]
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a sizable export cable installation contract for the Ostwind 2 offshore grid connection. The contract was awarded by 50Hertz and carries a value for Boskalis in excess of EUR 250 million...
2018-11-29 08:40:38
Busan Bank seeks new growth [Finance]
Bin Dae-in, the President and CEO of Busan Bank, has recently noted that Busan Bank will seek a new growth as a bank specialized in marine finance sector.   He said, "In order to find regional growth engines and support businesses, B...
2018-11-29 08:39:08
Korean yards saw 13% downturn in workers [Shipbuilding]
It turned out that Korean mining and manufacturing industries showed a 1.0% y-o-y increase in the number of businesses (69,790), as well as a steady tone in the number of workers (2.968m) last 2017.  As for the number of Korean mining and...
2018-11-29 08:38:43
Jinhai stands at the crossroads [Shipbuilding]
As its mother company Hainan Airlines Group (HNA Group) carries out a large-scale consolidation in order to reduce debt, Jinhai Intelligent Manufacturing Company, which has recently been renamed from Jinhai Heavy Industry, seems to have an uncert...
2018-11-29 08:38:15
Clarkson head emphasized long-term carbon target [Shipping]
An industry leader emphasized often neglected long-term environmental target: 2050 carbon reduction goal. President Martin Stopford of Clarkson Research recently commented at Asian Logistics and Maritime Conference (ALMC) in Hong Kong that it ...
2018-11-29 08:36:33
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