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MOL subsidiary boasts PBCF
[Equipment]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda; Headquarters: Minato-ku, Tokyo) announced that its group company MOL Techno-Trade, Ltd. (MOL Techno; President: Hirokazu Hatta; Headquarters: Chuo-ku, Tokyo) has joined a Green...
2019-02-15 08:25:01
HMD aims to win 90 NBs this year
[Shipbuilding]
Hyundai Mipo Dockyard (HMD) has put spur to new order sales activity with the goal of winning over 90 newbuilds this year. During a naming ceremony for the 7.5K LNG bunkering vessel 'Kairos' which has recently been held in Hamburg, Germa...
2019-02-15 08:23:04
Korean mid-yards see 18% downturn in NB orders
[Shipbuilding]
While mammoth shipbuilders have seen a sharp growth in their new order intakes, from January to December 2018 in Korea, it turned out that small- and mid-sized ones achieved poor contracting. According to a report released recently by th...
2019-02-15 08:22:36
Scorpio eyes fuel cost saving with scrubber
[Equipment]
Scorpio Tankers has expected that its scrubber retrofit program will net annual savings of up to $125m. During an investment conference which was held under the auspices of Stifel Bank in Florida, the US, on February 12, the company esti...
2019-02-15 08:22:04
Trading HHIC stocks suspended
[Finance]
Hanjin Heavy Industries and Construction (HHIC) has been capital impaired against a backdrop of its overseas subsidiary HHIC-Phil (Subic Shipyard) becoming insolvent. Through a regulatory filing on February 13, the Korean conglomerate re...
2019-02-14 14:43:04
Scenic to build newbuilds at Uljanik
[Shipbuilding]
Scenic Luxury Cruises & Tours turns out to have signed a letter of intent (LOI) with a Brodosplit-Fincantieri consortium which had recently acquired Uljanik Group for building luxury yarcht and cruise ship at the Croatian shipbuilder. With...
2019-02-14 14:14:27
GE to Propel MSC Cruises’ Seaside Class
[Equipment]
Following the delivery of the first and second ship – MSC Seaside and MSC Seaview – in the Seaside Class by the Fincantieri shipyard of Monfalcone, GE’s Marine Solutions (NYSE: GE) has once again been selected by MSC Cruises and Fincantieri...
2019-02-14 11:24:11
ABB to power Iceland’s first electric ferry
[Equipment]
New electric ferry to operate on an Icelandic route known for its harsh weather conditions will benefit from efficiency and sustainability enabled by ABB’s technology. ABB will supply integrated power and electric storage solutions to the Ic...
2019-02-14 11:23:01
DNV GL to class luxury sailing vessel
[Shipbuilding]
DNV GL has been awarded a contract for the classification of the passenger sailing ship Sea Cloud Spirit, built by Metalships & Docks in Vigo, Spain. Representatives from both companies came together in Vigo this week to sign the agreement. O...
2019-02-14 10:55:36
Shell, innogy and Stiesdal to build floating wind demo
[Offshore]
innogy SE, Shell and Stiesdal Offshore Technologies A/S (SOT) are bringing floating wind to the next level: The partners have taken the final investment decision on the ‘TetraSpar’ floating foundation demonstration project which will be teste...
2019-02-14 10:54:07
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