Wallem to implement BASSnetTM fleet management [Equipment]
As a core backbone for their vision to be the leading provider of technology-driven maritime solutions and transform customers experience the Wallem Group has chosen BASSnet™ Fleet Management Systems. BASS, the leading provider of maritime soft...
2019-04-29 08:22:58
TechnipFMC's 1Q order in uptrend [Offshore]
TechnipFMC released its 1Q earnings results on April 25. The French company had revenue of $2.91bn for the first quarter of 2019, down by 6.8% over the same period in 2018. It also saw a 78% year-on-year downturn in its net profit to $20.9bn.&...
2019-04-29 08:21:56
HMD won Greek MR again [Shipbuilding]
Sun Enterprises has placed an order for MR tankers at Hyundai Mipo Dockyard (HMD) of Korea. TradeWinds and other industry sources reported that the Greek shipping company has ordered 2+1 50,000-dwt product carriers for delivery in late-2020 at...
2019-04-29 08:21:23
Meiji secures charter for TKs booked at HMD [Shipping]
Meiji Shipping is said to have procured rental for all MR tankers ordered from Hyundai Mipo Dockyard (HMD).  According to TradeWinds and industrial source, four of eight 50,000 dwt product carriers (PCs) the Japanese operator booked at HM...
2019-04-29 08:20:59
Ulsan's R&D project chosen by government [General]
The 'shipbuilding and offshore SW convergence cluster' project, which is prepared by Ulsan Metropolitan City and the Ulsan ICT Promotion Agency (UIPA), has been selected through a contest for projects of 'SW convergence cluster 2.0', which is sup...
2019-04-29 08:20:33
KIMM-HHI collaborate in naval vessel [Equipment]
The Korea Institute of Machinery & Materials (KIMM) and the special vessel department of Hyundai Heavy Industries (HHI) push ahead with a joint R&D work for autonomous and unmanned next-generation naval vessel with the use of artificial i...
2019-04-29 08:19:51
20 LNGCs ordered in 1Q only [Market Information]
It turned out that orders for at least 20 LNG carriers were placed at Korean, Chinese and Russian shipyards for the first quarter of 2019.  According to broker and consulting industry source, as well as TradeWinds, 16 of the newbuilds are...
2019-04-26 16:27:12
Offshore O&G investment to jump in 2019 [Market Information]
Halliburton of the US forecasts that this year's investment in offshore oil & gas segment will grow sharply.  The one of the world's largest oil field service companies has recently announced its 1Q business results, expecting total g...
2019-04-26 16:26:54
Chantiers de l’Atlantique ready for next five years [Shipbuilding]
French shipbuilder Chantiers de l’Atlantique has stacked five years of workload for itself, thanks to the boon in cruise and defense sector. The yard is investing a large sum of resources into R&D drive including ‘Smart Yard 2020’ st...
2019-04-26 15:50:37
Exmar poised to order VLGC in China [Shipbuilding]
Belgian owner Exmar is trying to move its newbuilding order of two 80,200-cbm VLGCs at HHIC-Phil to a Chinese yard. TradeWinds and other sources reported that the company and Jiangnan Shipyard are in the final phase of discussion for the const...
2019-04-26 14:10:28
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