Corvus Energy won a battery package deal from NES [Equipment]
Corvus Energy has signed a contract with Norwegian Electric Systems (NES) for the marine world’s largest battery package for hybrid powered vessel to be installed on board Havila Kystruten’s coastal vessels. Big step for the cruising indus...
2019-03-05 08:45:49
MOL Holds delivery ceremony for LNG-fueled tug [Shipbuilding]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that on February 27, the delivery ceremony for the LNG-fueled tugboat the company ordered from Kanagawa Dockyard Co., Ltd. (President: Takehito Ikoma, headquarters: H...
2019-03-05 08:33:36
Lindblad orders new polar vessel [Shipbuilding]
Lindblad Expeditions Holdings Inc. announces that it has signed an agreement with Norwegian shipbuilder and ship designer Ulstein to build a new polar vessel. The new ship is scheduled for delivery from Ulstein Verft in Q3 2021. The vessel is sis...
2019-03-05 08:31:54
Hunan Jinhang wins feeder boxship duo [Shipbuilding]
China's state-owned feeder containership operator Hunan Ocean Container Lines has ordered two small-sized containerships from its compatriot Hunan Jinhang Shipbuilding. According to Splash and industrial source, the 635 teu boxship duo which w...
2019-03-05 08:29:03
GMEA held regular general meeting [Equipment]
The Gyeongnam Marine Equipment Association (GMEA) held the third regular general meeting on February 27 at Changwon. On the meeting, GMEA put the focus on its two projects, namely ‘global marine equipment market platform’ and ‘Korea-ASEA...
2019-03-05 08:28:34
Ulsan to sketch a roadmap for future shipbuilding [General]
The Ulsan Metropolitan City is planning to draw a roadmap for the future of its shipbuilding industry. Ulsan held a hearing on February 27 to discuss on the roadmap, inviting around 20 representatives of eight organizations including UNIST, Ul...
2019-03-05 08:28:11
KOMEA convenes OTA participants [Equipment]
The Korea Marine Equipment Global Service Center (KOMEC) under The Korea Marine Equipment Association (KOMEA) held a seminar to prepare OTC 2019 on February 25. KOMEA is opening the 11th Korean pavilion at the annual global event at Houston, a...
2019-03-05 08:27:47
Commercial banks find ship financing 'interesting'... [Finance]
The Korea Ocean Business Corporation (KOBC) issued a KRW17.8bn worth guarantee for two VLCCs Daehan Shipping had ordered at a Korean yard on February 25. The senior loan was provided by KDB, KEXIM, and BNP Paribas, while the subordinated loans...
2019-03-05 08:27:23
DSME acquisition deal proceeds forward [General]
Hyundai Heavy Industries (HHI) announced on March 4 that Korea Development Bank (KDB) gave notice to the company about doing transaction related to Daewoo Shipbuilding & Marine Engineering (DSME).  The Korean shipbuilding heavyweight ...
2019-03-05 08:26:52
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