Japan accedes to ship recycling convention [General]
IMO's treaty for safe and environmentally-sound ship recycling has received another boost. Japan has become the 10th country to become a Party to the Hong Kong Convention.The Convention covers the design, construction, operation and maintenance o...
2019-04-03 08:37:42
Seaspan to invest 200m in Swiber [General]
Seaspan Corporation ("Seaspan") (NYSE:SSW) announced that it has executed an investment agreement with Swiber Holdings Limited ("Swiber", and together with its subsidiaries, the "Swiber Group"), having made progress in the previously announced in...
2019-04-03 08:37:21
GTT to buy SVEZA plywood [Equipment]
The Russian plywood supplier SVEZA Group has successfully passed the certification tests in order to become a GTT approved supplier for plywood products for GTT’s Mark III technology for Liquid Natural Gas (LNG) transportation and storage. Thei...
2019-04-03 08:35:58
New Dayang bags BC quartet [Shipbuilding]
China Development Bank Financial Leasing (CDB FL), a subsidiary of China Development Bank (CDB), seems to have placed an order at its compatriot New Dayang Shipbuilding (the former Yangzhou Dayang Shipbuilding) for four Ultramax bulker newbuilds....
2019-04-03 08:29:13
TMS Cardiff won first Vitol charter [Shipping]
Christos Economou-led TMS Cardiff Gas has secured a long-term charter contract for one of its new LNG carriers from energy trader Vitol. Sources told that Vitol is to use 174,000-cbm LNG carrier Hyundai Heavy Industries (HHI) is building for t...
2019-04-03 08:28:51
KOMERI announces ASEAN project result [Equipment]
The Korea Marine Equipment Research Institute (KOMERI) had a briefing session on the result of the project for supporting shipbuilding and offshore cooperation between Korea and the Association of Southeast Asian Nations (ASEAN) on March 27. O...
2019-04-03 08:28:26
Techcross expected to post huge revenue [Equipment]
Techcross has recently announced that the Korean ballast water treatment system (BWTS) manufacturer has seen a constant increase in demands for its product against a backdrop of this year's slow recovery in shipbuilding market. The Korean comp...
2019-04-03 08:28:01
Korea discusses win-win council plan [Shipbuilding]
A working-level meeting of 'win-win council for shipbuilding industry', which is led by the Ministry of Trade, Industry and Energy (MOTIE), was held on April 1 at the office building of the Korea Offshore & Shipbuilding Association (KOSHIPA),...
2019-04-03 08:27:37
China sees poor order intakes [Shipbuilding]
For the first two months of 2019, vessels of a combined 6.37m dwt were delivered from Chinese shipbuilding industry, down by 3.9% year-on-year, the China Association of the National Shipbuilding Industry (CANSI) has recently announced.  C...
2019-04-03 08:26:59
HHIC exits capital impairment [General]
Hanjin Heavy Industries and Construction (HHIC) submitted a third-party audit report proving that the company ended its capital impairment. The company stated that “as the result of a third party audit, the total capital of the company as of...
2019-04-02 15:32:15
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