Senvion secure 200MW OWF Borkum II [Offshore]
Senvion and Trianel Windkraftwerk Borkum II GmbH & Co. KG (TWB II) announced to continue their cooperation. The project partners have agreed on a new supply contract, which will ensure supply of wind turbines for the Trianel Borkum II wind fa...
2019-05-29 08:42:39
80% of scrubbers are open-loop types [Equipment]
It emerged that over 80% of scrubbers which are currently installed in ship or on order are open-loop ones.  During a webinar that has recently been held, Fabian Kock, Head of Section Environmental Certification at DNV GL, noted that the ...
2019-05-29 08:41:00
"Korean yards' cash flow improved" [Shipbuilding]
Korean shipbuilders have seen improvements in their cash flow with a background of the sale of undelivered drillship and an increase in yard output. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, said, "Shipbuilding industry...
2019-05-29 08:40:33
Dispute between HHI and Barzan Gas settled [General]
A dispute between Hyundai Heavy Industries (HHI) and Barzan Gas Company has been settled amicably in more than a year.  According to an announcement made on May 28 by the Korean shipbuilding heavyweight, HHI received a notice of closing a...
2019-05-29 08:40:03
Wartsila leads ZEED initiative [Equipment]
Six Nordic companies join hands to build an initiative for the development of infrastructures of environmentally friendly marine fuel. The organization is named as ‘Zero Emission Energy Distribution at Sea (ZEED),’ and Wartsila of Finland is ...
2019-05-29 08:39:19
Korean mid-yards won only four NBs in 1Q [Shipbuilding]
It turned out that Korean mid-sized shipbuilders were awarded four newbuilds of a combined 80,000 cgt only for the first quarter of 2019, down by 20.7% over the same period of 2018. The figure represents 1.4% of new order intakes of global mid-si...
2019-05-29 08:38:48
International labor organization opposes DSME acquisition [General]
A global union federation founded in 2012, IndustriALL Global Union, expressed its opposition against the acquisition of DSME (Daewoo Shipbuilding & Marine Engineering) by Hyundai Heavy Industries (HHI). The federation held Executive Commi...
2019-05-28 16:04:48
"DSME due diligence takes place as planned" [Shipbuilding]
Hyundai Heavy Industries (HHI) Co-CEO Ka Sam-hyun commented that the due diligence on DSME (Daewoo Shipbuilding & Marine Engineering), which has been delayed, would be completed in scheduled timeframe (10 weeks), and site inspection would tak...
2019-05-28 15:29:49
HHI union determined to oppose physical division [General]
HHI (Hyundai Heavy Industries) branch of the Korean Metal Workers' Union (KMWU) started a full-fledged general strike on May 28, opposing the physical division of the company. The union occupied Hanmaeum Center on May 27, where the general mee...
2019-05-28 14:54:36
QP awards FEED contract to McDermott [Offshore]
Qatar Petroleum has awarded the FEED (Front End Engineering Design) contract for the North Field Expansion Project’s offshore pipelines and topsides facilities.  The scope of this FEED, which was awarded to McDermott Middle East Inc., i...
2019-05-28 10:14:28
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