I-Tech expands team with new Technical Director [Equipment]
I-Tech AB, the bio-technology company responsible for the unique marine anti-fouling active agent Selektope®, has appointed Dr. Markus Hoffmann to the role of Technical Director.   In the newly-created senior position, Dr. Hoffmann will p...
2019-05-24 08:39:14
MedcoEnergi completed acquisition of Ophir [General]
PT Medco Energi Internasional Tbk announces the successful completion of the acquisition of Ophir Energy plc2 in a recommended all cash offer valued at £408.4 million. Ophir’s assets are highly complementary to MedcoEnergi’s existing port...
2019-05-24 08:38:32
South Gyeongsang participates in 'Bari-Ship 2019' [Equipment]
South Gyeongsang Province and the Korea International Trade Association (KITA) participate in the 'Bari-Ship 2019' exhibition which is held in Imabari City, Japan, during May 23-25. The exhibition is held every other year in Imabari, where mor...
2019-05-24 08:35:26
Unmanned ship to cross Atlantic Ocean [Shipbuilding]
It is said that an unmanned surface vessel (USV) will sail away from Canada sooner or later in order to cross the Atlantic Ocean for the first time in the world. According to a foreign media outlet, the 12m-long 'USV Maxlimer' will sail out so...
2019-05-24 08:34:59
CSBC-DEME secures floating turbine deal [Offshore]
CSBC-DEME Wind Engineering (CDWE), a joint venture (JV) established by Belgian offshore contractor DEME Group and Taiwanese shipbuilding major CSBC Corporation, turns out to have signed a contract with Copenhagen Infrastructure Partners (CIP) for...
2019-05-24 08:34:37
HHI Group trio continues order slump [Shipbuilding]
The three shipbuilding affiliates of Hyundai Heavy Industries (HHI) Group continuously saw poor order intakes, seeing a steady tone in revenue though since this year to April.  From January to April this year, HHI was awarded new orders w...
2019-05-24 08:33:56
Hunter discusses resale of VLCC duo [Shipbuilding]
Arne Fredly-led Hunter Group is likely to log big gains with the resale of two very large crude carriers (VLCCs).  The Norwegian investment company announced on May 22 that it has received a bid from a third party buyer for two of its VLC...
2019-05-24 08:33:21
"New HHI should stay in Ulsan" [General]
The mayor of Ulsan, Song Cheol-ho, visited Ulsan Hyundai Heavy Industries (HHI) Headquarter in Ulsan with six other community delegates to deliver signatures of Ulsan citizens. Around 1,500 citizens provided their signatures. After the meeti...
2019-05-23 16:13:08
Golar LNG to spin-off LNG carrier business [General]
Nasdaq-listed Golar LNG revealed its spin-off plan for TFDE LNG carrier business amid its first quarter result report. The company is planning to put more emphasis on FLNG and downstream assets. It envisions a long-term contract based LNG infr...
2019-05-23 15:21:43
KOBC sings MOU with UK intelligence outfit [Shipping]
KOBC sings MOU with UK intelligence outfit The Korea Ocean Business Corporation (KOBC) signed cooperative MOU with Maritime Strategies International (MSI) on May 16. MOU is signed for exchange of shipping market intelligence and future collabo...
2019-05-23 14:46:24
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