KR to support eco-friendly port [Shipping]
The Korean Register of Shipping (KR) signed a memorandum of understanding (MOU) with the Busan Port Authority (BPA) to set up 'the hydrogen-based and energy self-sufficient Busan Port' on December 18.  While environmental regulations incl...
2018-12-20 08:24:57
Big3 ruled Korean shipbuilding industry [Shipbuilding]
During November, global shipyards have won 83 units, 5.2m dwt of newbuilding contracts. It makes the total global tally by November 935 units, 69.7m dwt (26m cgt), which means yoy 13% decrease in terms of annualized dwt. Clarkson Research data...
2018-12-20 08:24:19
STX goes for $4.6m recapitalization [Finance]
STX Offshore & Shipbuilding announced through a regulatory filing on December 19 that the Korean shipbuilder has decided to issue new shares through third-party allotment worth KRW 5.2bn (approximately $4.62m).  The third-party invest...
2018-12-20 08:23:09
Fastest LNG-ferry delivered [Shipbuilding]
The most powerful of its kind, MV Visborg marks a new era for the Scandinavian-Asian collaboration between designers OSK, owners Rederiaktiebolaget Gotland, and builders Guangzhou Shipyard International. Following the official naming ceremony ...
2018-12-19 08:50:35
Keppel won Golar conversion work [Offshore]
Golar LNG Limited ("Golar LNG" or "Golar") announced that it has received a Limited Notice to Proceed ("LNTP") from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, (together "BP") in their capacity as block operators, in respect of ...
2018-12-19 08:49:40
Havyard won grants for hydrogen ship [Equipment]
The Havyard project with Havila Kystruten on hydrogen-powered coastal route operations will receive over NOK 100 million in funding from Pilot-E. The initiative can result in vessels with up to five times longer zero-emission voyages than other e...
2018-12-19 08:47:48
Milaha unveils yard upgrade plan [Shipbuilding]
Milaha, has selected Royal HaskoningDHV, a leading independent, international project management and engineering consultancy firm based in the UK and the Netherlands, to develop plans to upgrade its Shipyard facilities in preparation for further ...
2018-12-19 08:46:54
Saipem submits cyber-attack report [General]
Saipem reports that the restoration activities of the infrastructures hit by the cyber-attack communicated the 10th of December, 2018 have continued according to a tested and consolidated protocol and are near completion. Saipem also confirms ...
2018-12-19 08:46:30
Sembcorp releases 2018 result in cruise sector [Shipbuilding]
Sembcorp Marine cemented its position as Asia’s top cruise ship repair and upgrade solutions provider in 2018 with the successful completion of repairs on the Costa Fortuna – the Group’s 10th and final cruise ship project this year. Oper...
2018-12-19 08:45:38
Woodside starts SNE FEED [Offshore]
Woodside advises that the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture1 has agreed to commence front-end engineering design (FEED) activities following the award of the subsea FEED contract to Subsea Integr...
2018-12-19 08:44:38
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