Philly and Vard team won Navy CHAMP program [Shipbuilding]
Philly Shipyard and Vard Marine announced that their bid to conduct industry studies for the Common Hull Auxiliary Multi-Mission Platform (CHAMP) program has been selected by the U.S. Navy. The CHAMP program is a multi-phase effort that involv...
2019-06-17 08:41:31
DryShips received acquisition proposal [General]
June 13, 2019 DryShips Inc. (NASDAQ:DRYS) (“DryShips” or the “Company”), a diversified owner and operator of ocean going cargo vessels, announced it has received a non-binding offer letter from SPII Holdings Inc., (“SPII Holdings”), a...
2019-06-17 08:35:34
Vestas buys DHIC multi-turbine design [Offshore]
Doosan Heavy Industries & Construction (DHIC) announced on June 4 that the Korean heavy industrial company signed an license contract with Danish wind power giant Vestas for the use of its unique wind turbine design with multi-turbine configu...
2019-06-17 08:33:19
"Speculative LNGC orders considerable" [Shipbuilding]
While demands for LNG are rising sharply throughout the world, industry experts caution against speculative LNG carrier orders. According to the latest edition of 'Bottoms Up LNG' report released by a team led by Michael Webber, Senior Analyst...
2019-06-17 08:32:57
EU to support autonomous ship project [General]
The European Union (EU) is to finance a project to develop autonomous ship, which has been carried out by European businesses. Under the 'Autoship' project, the EU will support construction of two remote and autonomous vessels. The European Co...
2019-06-17 08:32:30
HHI labor strikes for seven hours [General]
The labor union of Hyundai Heavy Industries (HHI) went ahead with the strike and marched through the streets in Ulsan Metropolitan City, Korea, on June 14, claiming that a decision made from the general meeting of stockholders on corporate divisi...
2019-06-17 08:25:56
KOWP's offshore wind farm test started [Offshore]
Korea Offshore Wind Power (KOWP) started operating the first three units of 20 wind power turbines in the Korean southwestern sea from June 13 after May 22 when the first test run commenced.  KOWP plans to continue the trial operation in ...
2019-06-17 08:25:13
Korea reclaims No.1 in May NB order [Market Information]
Korean shipyards recaptured the first place in the global new order competition last May. According to Clarksons Research, Korea ranked first in May with a total of 640,000 cgt (16 units) in global newbuilding orders, accounting about 60% of t...
2019-06-14 15:45:19
"Ammonia could be the fuel of future " [Shipbuilding]
C-Job Naval Architects, A Dutch marine architect located at Hoofddorp, recently published a paper arguing NH3 can be a safe and efficient marine fuel. The company conducted a study on an ammonia carrier using ammonia fuel. They found that the ...
2019-06-14 15:25:29
JMU may face business realignment [Shipbuilding]
A high official at JFE Holdings, a major shareholder at Japan Marine United (JMU), hinted a possibility of business realignment at the shipyard. Executive Vice President of JFE Masashi Terahata recently commented that changes in the shipbuildi...
2019-06-14 15:02:04
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