Korea's LHE opens new office in Busan [Shipbuilding]
Leader Heat Exchanger (LHE) has recently announced that the Korean heat exchanger manufacturer makes an investment in new press automation facility and opens a new office in Busan Metropolitan City, enhancing its sales activities. Since its es...
2019-05-09 08:35:58
Korean engine failure prediction system introduced [Equipment]
Failure prediction system for ship engine 'e-CBM', which had been developed by two Korean companies G-Marine Service and Toogram Systems, has carried out a pre-failure diagnosis successfully. G-Marine Service is ship management expert and Toogram...
2019-05-09 08:35:32
Meiji exercises PC option at HMD [Shipbuilding]
Hyundai Mipo Dockyard (HMD) is said to have recently won two additional MR product carriers (PCs) from Meiji Shipping. According to foreign media outlet and broker industrial source, the Japanese operator has exercised two 50,000 dwt PC option...
2019-05-09 08:34:51
Debate goes on ship speed reduction [Shipping]
About 110 world-leading shipowners including 2020 Bulkers, Awilco LNG, Borealis Maritime, Diana Shipping, Dynacom and Euronav have sent an open letter to the International Maritime Organization (IMO) and pledged their supports for a proposal Fran...
2019-05-09 08:34:26
HHI-DSME expecting more defense contracts [Shipbuilding]
Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) are expected to secure KRW7trn defense contracts from the Korean Navy. On May 5, an official at the Defense Acquisition Program Administration (DAPA) stated...
2019-05-08 15:58:50
DSME-ABS weave tech partnership [Equipment]
DSME (Daewoo Shipbuilding & Marine Engineering) and ABS (American Bureau of Shipping) have signed an agreement for joint R&D efforts in shipbuilding and offshore realms. At OTC 2019 in Houston, DSME and ABS signed a framework agreement...
2019-05-08 14:57:31
Zvezda to organize tender for LNGC propellers [Equipment]
Russian state-run shipyard Zvezda Shipbuilding Complex (SSC Zvezda) is mulling on a tender for propellers which would drive ice-breaking LNG carriers. Sources told that the yard would start a tender by coming September for the provision of scr...
2019-05-08 14:14:19
Rosebank FPSO emerging near horizon [Offshore]
Equinor, who acquired shares in Rosebank development project from Chevron at the end of 2018, is poised to start pre-FEED work soon for the development at Shetland Islands, Scotland. Choi Kwang-sik, a researcher at Hi Investment & Securiti...
2019-05-08 13:52:23
Aibel/Keppel consortium wins major DolWin5 contract [Offshore]
The grid operator TenneT has awarded a major contract to an Aibel/Keppel FELS consortium for the supply of the HVDC platform and onshore converter station of the offshore grid connection project DolWin5. ABB will supply the complete HVDC electric...
2019-05-08 10:37:15
Pangaea orders BCs at GSI [Shipbuilding]
Pangaea Logistics Solutions Ltd. (“Pangaea” or the “Company”) (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, announced the expansion of its high ice class fleet niche with a new ten year contract with its...
2019-05-08 10:35:51
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