Wärtsilä nets LNGC service agreement from Japan [Shipping]
The technology group Wärtsilä has signed long-term service agreements for four Japanese owned LNG Carriers. Wärtsilä’s Dynamic Maintenance Planning (DMP) proposition with performance guarantees is recognised as adding considerable value to ...
2019-05-23 08:39:57
Samkang M&T secures offshore pipe deal [Equipment]
Samkang M&T, a Korean manufacturer and supplier of heavy wall pipes, marine equipment, and marine fabrication plants, announced through a regulatory filing on May 22 that the company signed a contract with McDermott Middle East for manufactur...
2019-05-23 08:37:20
Imabari scores Handysize BC duo [Shipbuilding]
Wisdom Marine has ordered two Handysize bulkers from Imabari Shipbuilding of Japan.  The Taiwanese operator has recently announced through a regulatory filing that it placed an order for the 37,000 dwt bulkers at about $50m in total. ...
2019-05-23 08:35:18
Busan designing Korea's first electric ship [Shipbuilding]
The Busan Port Authority (BPA) has recently announced that it carries out the concept design of electric-powered port guide ship with the goal of replacing the existing one that uses bunker C oil. The BPA plans to choose an yard to build the e...
2019-05-23 08:34:56
Changwon attracts investment in shipbuilding & defense [General]
Changwon City of Korea signed investment agreements worth KRW 92bn (about $77m) in total with its six compatriot companies on May 20.   Under the contracts, Hanwha Defense will establish an integrated research center in the city with...
2019-05-23 08:34:31
"Disruption expected due to IMO sulfur cap" [Shipping]
There is a forecast of using very low-sulphur fuel oil (VLSFO) to launch a disruption in oil and refined products markets as the International Maritime Organization's (IMO's) global sulfur cap rule requires shipowners to burn 0.5% sulfur-complian...
2019-05-23 08:34:02
China's NB orders grown sharply in April [Shipbuilding]
The China Association of the National Shipbuilding Industry (CANSI) has recently released statistics on business results domestic shipbuilding industry posted for the first four months of 2019. According to the statistics, last April, Chinese shi...
2019-05-23 08:32:30
DACKS won Ultramax contract from Japan [Shipbuilding]
China-Japan joint venture yard Dalian COSCO KHI Ship Engineering (DACKS) has won a newbuilding contract for two Ultramax bulkers from Santoku Senpaku, a Japanese shipowner. The price is not disclosed, and scheduled delivery is at the end of 2020....
2019-05-22 15:49:55
KR signs IHM service deal with Zeaborn [Shipping]
The Korean Register of Shipping (KR) announced that KR and Verifavia Shipping  have been contracted by Zeaborn Ship Management to perform Inventory of Hazardous Materials (IHM) preparation and certification for more than 100 vessels. EU a...
2019-05-22 15:29:53
Thick plate price stays in 1H [Shipbuilding]
The thick steel plate price for 1H 2019, which has been fiercely negotiated for a while, is likely to remain at the same level. Sources told that steel manufacturers including POSCO and Hyundai Steel are to freeze 1H thick plate price, conside...
2019-05-22 15:00:33
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