25K boxship design drafted by COSCO [Shipping]
A ship designing arm of COSCO Shipping has developed 25,000-teu ULCS design for the first time in the world, it is reported. Sources said that Shanghai Ship and Shipping Research Institute (SSSRI) under COSCO Shipping has developed the design,...
2019-03-22 15:07:16
Samsung signs LNG carrier with Asian owner [Shipbuilding]
Samsung Heavy Industries has signed a newbuilding order for LNG carrier with an Asian shipowner. The Korean large shipbuilder revealed today in a regulatory filing that it signed a contract with an Asian owner for one LNG carrier worth about K...
2019-03-22 14:09:48
"SHI is transforming Nigeria into African FPSO hub" [Offshore]
Nigerian Content Development and Monitoring Board (NCDMB) stated that Samsung Heavy Industries (SHI) has “transformed the country into FPSO construction hub,” local new outlet Vanguard quoted. NCDMB Executive Secretary Simbi Wabote was quo...
2019-03-22 14:04:02
KOBC welcoming applicants for NB aid program [Finance]
The Korea Ocean Business Corporation (KOBC) is receiving applications for 2019 newbuilding aid program from March 20. The program is arranged to support domestic shipping companies who are planning to add new, efficient, green tonnages in the fle...
2019-03-22 13:47:25
Damen Yichang cut steel for LNGBV [Shipbuilding]
On March 18, 2019, a ceremony was held at Damen Yichang Shipyard, China, to mark the start of cutting steel for the first of a planned series of short-sea LNG Bunker vessels to be built for Eesti Gaas of Estonia. The 6,000m³ capacity vessel and ...
2019-03-22 11:23:39
GasLog announces eight-year charter with Endesa [Shipping]
GasLog Ltd. ("GasLog") (NYSE:GLOG) announced the signing of a new long-term charter party agreement with a wholly owned subsidiary of Endesa, S.A. (“Endesa”) for its existing uncommitted newbuild vessel, the GasLog Warsaw. GasLog is scheduled...
2019-03-22 10:39:51
McDermott awarded EPCI contract in ME [Offshore]
McDermott International, Inc. (NYSE: MDR) announced a contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services in the Arabian Gulf. The contract for new facilities includes the full...
2019-03-22 10:04:38
"UK O&G needs more spending" [Offshore]
A sustained focus on cost and efficiencies with ongoing uncertainty in commodity markets marks the “new reality” for the UK’s offshore oil and gas sector, according to a flagship report into industry performance published today (Wednesday 2...
2019-03-22 08:32:27
EMEC got floating wind plan approved [Offshore]
A €31 million project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a full-scale floating wind turbine be deployed for testing off the west coast of Ireland at a Sustainab...
2019-03-22 08:30:02
DNV GL "Energy Transition Outlook" available [General]
The authors of the Energy Transition Outlook have made available for free the large forecast data set. DNV GL is encouraging stakeholders in the energy supply chain to use the information to develop their future strategic options. The Energy T...
2019-03-22 08:28:59
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