Diana Shipping nets time charter for BC [Shipping]
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ...
2019-03-12 08:27:53
Siem vessel won 3-year employment [General]
Siem Offshore announced an employment of its subsea construction vessel. The following is the statement. "The company has agreed a 3-year frame agreement with an undisclosed subsea contractor for the offshore subsea construction vessel “Siem...
2019-03-12 08:26:56
DNV GL to tackle turbine erosion [Offshore]
DNV GL, the world’s largest independent energy advisory and certification body, has launched a Joint Industry Project with ten commercial partners to develop a COmprehensive methodology for Blade Rain erosion Analysis (COBRA).  The COBR...
2019-03-12 08:24:03
Indian conglomerate's building a large bulker fleet [Shipbuilding]
An Indian conglomerate JSW Group, which has reportedly ordered four 8,000-dwt bulkers at Cochin Shipyard Limited (CSL), again ordered similar six bulkers at Wuhu Shipyard of China. TradeWinds and other sources reported that Wuhu Shipyard is to...
2019-03-12 08:18:47
MHB recorded a massive loss in 2018 [General]
Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) recorded a distinctively lossy year in 2018. The company’s revenue recorded MYR974.4m, which is a 1.8% growth from 2017’s MYR956.4m. However, net loss during the period logged MYR12...
2019-03-12 08:18:11
Korea dominated February amid market slowing down [Shipbuilding]
The Korean shipbuilding industry dominated February’s shipbuilding order intake with 90% of market share, while the overall global ordering growth is slowing down. Clarksons Research reported that among 700,000-cgt (15 units) of newbuildings...
2019-03-12 08:17:36
DSME’s winning spree in patent war across the strait [Equipment]
Daewoo Shipbuilding & Marine Engineering (DSME) has won multiple patent disputes in Japan. DSME announced on March 11 that the company has won a patent dispute in Japan regarding Partial Re-liquefaction System (PRS), which was patented the...
2019-03-12 08:17:07
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