Chevron to presents lubricants at Nor-Shipping [Equipment]
Chevron Marine Lubricants will use this edition of the Nor-Shipping international maritime trade show held in Oslo, Norway between June 3-7, to  explore IMO 2020 solutions including the new Taro® Ultra range of Global Sulphur Cap-ready cyli...
2019-05-22 08:43:01
IMO rules enhanced for certain shiptypes [Shipping]
The International Maritime Organization (IMO) has decided to introduce a relatively strict energy efficiency standard. During the latest Marine Environment Protection Committee (MEPC) meeting which was held in London, the UK, the IMO discussed...
2019-05-22 08:39:54
'Shwe 3' EPC winner may be seen in 2020 [Offshore]
The progress of phase three of the Posco Daewoo-operated Shwe gas project has been revealed.  Choi Kwang-sik, a researcher at Hi Investment & Securities, noted that at least five companies have been in competition over a tender for th...
2019-05-22 08:39:27
Ulsan-Esbjerg make floating wind power cooperation [Offshore]
Ulsan Metropolitan City entered into a business agreement with Esbjerg City of Denmark in offshore wind energy sector on May 21 at Shilla Hotel, Seoul, Korea.  The business agreement aims to increase cooperation among the two cities. With...
2019-05-22 08:39:02
HHIC resumes stock trading, again [Finance]
Hanjin Heavy Industries and Construction (HHIC) stocks, whose trading was suspended due to the capital impairment caused by HHIC-Phil and capital reduction thereafter, resumes its trading from May 21. The trading of HHIC stocks had been suspen...
2019-05-22 08:38:15
HHIC resumes stock trading, again [General]
Hanjin Heavy Industries and Construction (HHIC) stocks, whose trading was suspended due to the capital impairment caused by HHIC-Phil and capital reduction thereafter, resumes its trading from May 21. The trading of HHIC stocks had been suspen...
2019-05-21 16:04:01
Arctic LNG 2 may invite more LNGCs [Shipbuilding]
Sovcomflot(SCF Group) is ordering four more LNG carriers for Arctic LNG 2 project, it is said. The industry and local media reported that Novatek and Sovcomflot are likely to sign an agreement for the four new LNG carriers in Summer at Zvezda ...
2019-05-21 15:28:32
Teekay secures money for SHI shuttle tankers [Finance]
Teekay Offshore Partners raises long-term financial facilities in Norway for four environment-friendly shuttle tankers. Norwegian Export Credit Guarantee Agency (GIEK) of Norway announced that in cooperation with Export Credit Norway, it provi...
2019-05-21 14:53:03
Japan has fed compatriot yards [Shipbuilding]
Latest data showed that during FY2018 (from April 2018 to March 2019), Japanese yards have taken orders for 214 ships at 10.69m gt (4.63m cgt), which is a yoy 7.3% growth in terms of gt. The bulker occupied the most significant part with 150 unit...
2019-05-21 14:22:09
NYK develops fuel additive for 2020 [Equipment]
NYK and Nippon Yuka Kogyo Co. Ltd., an NYK Group company, have jointly developed a new fuel-oil additive for low-sulphur compliant fuel-oil that meets SOx emission requirements. Yunic 800VLS (patent pending) is Japan’s first additive for very l...
2019-05-21 11:15:30
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