DSME won an LNGC deal amid M&A [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) has proved its competence in LNG carrier segment again amid M&A plays. DSME announced on February 15 that the company won a 174,000-cbm LNG carrier from Maran Gas Maritime under Angelicou...
2019-02-15 10:32:31
DSME CEO offers resignation [General]
It turned out that Jung Sung-Leep, CEO of Daewoo Shipbuilding & Marine Engineering (DSME), has offered its resignation. The consecutive appointment of him was officially confirmed last year, so that his remaining term is over two years (by...
2019-02-15 10:27:54
BIMCO says IMO growth estimation is 'too steep' [Shipping]
BIMCO has proposed that the Fourth International Maritime Organization (IMO) Greenhouse Gas Study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand - and thereby emissions - o...
2019-02-15 08:28:34
The Swedish Club delivers advice on the Sulphur Cap [Shipping]
On 1 January 2020 vessel owners must have made the decision to install exhaust gas scrubbers or to burn low sulphur or alternative fuels. The cost implications of any decision will be difficult to predict and there is no shortage of opinions in t...
2019-02-15 08:27:22
Rowan updated fleet status [Offshore]
Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced that its report of drilling rig status and contract information has been updated as of February 13, 2019.  The report titled "Fleet Status Report" can be found on the Compa...
2019-02-15 08:26:25
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
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