Teekay Offshore renews partnership with Marlink [Equipment]
Teekay Offshore, one of the world's largest marine energy transportation, storage & production companies, has renewed and expanded its agreements with award winning maritime connectivity provider Marlink to continue utilising high quality glo...
2019-05-23 08:48:17
SMS Towage buys two Damen tugs [Shipbuilding]
UK towage company SMS Towage has purchased two tugs from Damen Shipyards. The first vessel, called Manxman, was handed over on 12 April, just seven days after contract signing. The contract for the second vessel, to be called Marksman, was signed...
2019-05-23 08:43:20
Shelf Drilling awarded three-year contract [Offshore]
Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) announced that it has secured a three-year contract for the recently acquired premium jack-up rig – Shelf Drilling Achiever, for operations in the Arabian Gulf. The ...
2019-05-23 08:42:31
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
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