HHI Group enjoyed impressive growth in January [Shipbuilding]
Three companies of Hyundai Heavy Industries (HHI) Group recorded an astonishing January in terms of revenue, while the order intakes were crawling. Hyundai Heavy Industries (HHI) announced on February 21 through a regulatory filing that its Ja...
2019-02-22 14:24:05
DSME cranks up yearly goal [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) announced on February 21 through a regulatory filing its 2019 revenue target (separate basis) as KRW8.1434trn, with order intake target being $8.37bn. DSME has added 47 ships worth $6.81bn in...
2019-02-22 13:42:57
Maersk accelerates reorganizations [Shipping]
Progress on the transformation of A. P. Moller - Maersk continued in 2018. Customers benefitted from integrated offerings, digital solutions and robust network improvements. Since 2016, the topline has grown by 43%, to USD 39bn in 2018, an additi...
2019-02-22 11:40:55
Europe's largest dry dock in the making [Offshore]
PSW Group has today (20.02.19) signed an agreement with Wergeland Holding AS concerning the use and commercialization of Europe's largest dry dock for drilling units. The agreement covers all activities related to inspection, repair and maintenan...
2019-02-22 11:18:44
Joint methanol project launched [Shipping]
A consortium of leading international maritime companies, supported by Maritime Knowledge Centre, have joined forces to further investigate the feasibility of methanol as a sustainable alternative transport fuel in the maritime sector. Major s...
2019-02-22 11:15:57
SCHOTTEL presents new thruster for shallow-water [Equipment]
SCHOTTEL, one of the world’s leading manufacturers of marine propulsion systems, is presenting the new SCHOTTEL Pump Jet type SPJ 30 – a state-of-the-art shallow-water thruster that is suitable for a wide range of different vessel types, such...
2019-02-22 08:42:55
Oceaneering awarded contract at Tyra redevelopment [Offshore]
Oceaneering International, Inc. (“Oceaneering”) has been awarded a two-year Integrity Management contract with Total E&P Danmark (“Total”) to support its significant Tyra Redevelopment project in the Danish North sea. Oceaneering...
2019-02-22 08:41:51
North Sea might have more resources than we thought [Offshore]
Geologists at the University of Aberdeen have discovered a huge swathe of the North Sea left unexplored for oil and gas because of so-called 'phantom' volcanoes they have proven don't exist. The 7000 sq km area, known as the Rattray Volcanic P...
2019-02-22 08:41:15
Damen annouced new tug contract [Shipbuilding]
On the 25th of January 2019 the contract was signed between Damen Shipyards Hardinxveld (DSHa) and longstanding client Herman Sr. for the building of the first diesel-electric Damen Shoalbuster 3514 SD DP2. The new vessel is scheduled for deliver...
2019-02-22 08:39:20
Ulstein launched new trawler design [Equipment]
Ulstein Group's dedicated ship designers share a mission of innovation; to challenge the established truth and to come up with new solutions that enhance the customers` value. Recently, Ulstein launched a series of fish trawlers with state-of-the...
2019-02-22 08:37:22
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