Heerema awarded Hollandse Kust Zuid Alpha [Offshore]
Heerema Marine Contractors has been awarded the Petrofac contract for TenneT's Hollandse Kust Zuid (HKZ) Alpha project, one of the largest offshore wind farm zones being developed in the North Sea in front of the Dutch coast.  The award e...
2019-05-21 08:39:14
BW LNG carries out LNGC conversion project [Shipbuilding]
BW LNG's LNG carrier 'BW Paris', which was built last 2009 at Daewoo Shipbuilding & Marine Engineering (DSME), turns out to have been converted into a floating storage and regasification unit (FSRU). The affiliate of Singaporean shipowner ...
2019-05-21 08:38:29
DSIC starts R&D for large LNGC [Shipbuilding]
CSIC-affiliated Dalian Shipbuilding Industry (DSIC) has started a R&D program for construction of large-sized LNG carrier. Based on cooperation with GTT and Lloyd's Register (LR), according to industrial source and foreign media outlet, th...
2019-05-21 08:38:07
KEXIM head visits HSD Engine [Finance]
Eun Sung-soo, Chairman and President of The Export-Import Bank of Korea (KEXIM), visited his compatriot shipbuilding equipment manufacturer HSD Engine in Changwon, South Gyeongsang Province, Korea, on May 16 to hear difficulties in industry. O...
2019-05-21 08:37:42
Busan holds marine finance hub convention [Finance]
Busan Metropolitan City and the Financial Supervisory Service (FSS) held 'Busan Financial Hub Convention on International Marine Finance' on May 17 at Westin Chosun Busan, Busan City, Korea.    The convention, which is in its seventh...
2019-05-21 08:25:55
Techcross to take part in Bariship and Nor-Shipping [Equipment]
Techcross, a leading ballast water treatment system (BWTS) manufacturer in Korea, has recently announced that it will participate in two shipbuilding and offshore exhibitions which are scheduled to open in the first half of 2019.  The Kor...
2019-05-21 08:25:25
Arctech Helsinki found new owners [Shipbuilding]
Arctech Helsinki Shipyard has found its new owner, and the yard is poised to establish a new corporate, changing name. Sources told that Algodor Holdings, owned by two Russian entrepreneurs Rishat Bagautdinov and Vladimir Kasyanenko, has acqui...
2019-05-20 15:59:33
Quotation revealed for 'LNG-ready' conversion [Shipbuilding]
The estimated quotation of Hapag-Lloyd's LNG conversion is revealed. Sources told that the conversion, which would be done by Shanghai Huaran Dadong Dockyard for 105 days, would cost around $30m of costs. The LNG-ready containership Sajir woul...
2019-05-20 15:15:07
Philippines banks acquire HHIC stocks [Finance]
The Rizal Commerical Banking Corporation of the Philippines announced on May 17 through a regulatory filing that the bank has acquired 8.53% of shares in Hanjin Heavy Industries and Construction (HHIC). The share amounts to 7,100,129 shares. S...
2019-05-20 14:22:10
Klaveness orders CLEANBU ships at China [Shipbuilding]
Subsequent to the successful completion of a private placement with gross proceeds of NOK 350 million, and an additional overallotment of about 5%, Klaveness Combination Carriers ASA (“KCC”) will apply for listing at the Oslo Stock Exchange/O...
2019-05-20 13:57:19
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