Krasnoye likely to win 11 cargoships [Shipbuilding]
Krasnoye Sormovo shipyard is likely to win 11 dry cargoships in early 2019.  According to industrial source and foreign press, the United Shipbuilding Corporation(USC)-affiliated shipbuilder is expected to win 11 dry cargoships from one o...
2018-12-26 08:27:12
KOMERI opens innovation cluster project [General]
The Korea Marine Equipment Research Institute (KOMERI) holds a launch ceremony of the '2018 national innovation cluster project of the Ministry of Trade, Industry and Energy (MOTIE)' on December 26 at Haeundae Centum Hotel, Busan Metropolitan Cit...
2018-12-26 08:26:49
Tersan expands yard facilities [Shipbuilding]
Tersan Shipyard has increased its production capacity by adding a new floating dock. According to foreign press and industrial source, the Turkish shipbuilder plans to add a 284m-long floating dock at its workplace by the end of February 2019....
2018-12-26 08:26:22
"Machine learning can save much fuel" [Equipment]
A study said machine learning and waste heat recovery might reduce fuel consumption significantly. Linnaeus University of Sweden stated on December 19 a dissertation recently published revealed that the recovery of waste heat and the creation ...
2018-12-26 08:25:57
Likelihood of selling Dae Sun risen [Shipbuilding]
Dae Sun Shipbuilding & Engineering and its creditors have recently agreed to prolong the period of autonomous arrangement for the Korean shipbuilder. According to investment bank (IB) industry, the creditor group of Dae Sun has recently de...
2018-12-26 08:20:24
China giving the last spurt [Shipbuilding]
The China Association of the National Shipbuilding Industry (CANSI) has recently released statistics which summarize the performance its compatriot shipbuilding industry recorded from January to November this year. And according to the statistics...
2018-12-26 08:20:00
HMD won six mid-sized PCs [Shipbuilding]
Hyundai Heavy Industries (HHI) Group took another deal for six mid-sized PCs in the last days of 2018. Hyundai Mipo Dockyard (HMD) announced on December 24 that it signed a deal for six 25,000-dwt product carriers worth around $190m with a for...
2018-12-24 14:24:20
SHI reveals yet another LNGC order on Christmas Eve [Shipbuilding]
Samsung Heavy Industries (SHI) announced on December 24, 2018 that it signed a contract with a North American shipowner for two LNG carriers. The contract was signed on December 21, 2018 and will end by August 15, 2021. The order value is a...
2018-12-24 10:53:51
Höegh LNG to provide FSRU to Crib Point [Offshore]
Höegh LNG Holdings Ltd. (“Höegh LNG”) announced that it has entered into a time charter party with AGL Shipping Pty Ltd (“AGL” or the “charterer”), a wholly owned subsidiary of AGL Energy Ltd., for the provision of a floating storag...
2018-12-24 08:49:01
Vår Energi awards Jotun FEED contract [Offshore]
Vår Energi is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed. In total, about 20 billion NOK will be invested in the redevelopment of the area, which incl...
2018-12-24 08:47:59
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