Newbuilding investment exceeded $1trn during latest decade [Shipbuilding]
The money owners have spent in vessels during 2009-2018 period exceeded $1trn, data say. The number by Clarksons Research adds estimated S&P transaction of $18.9bn to $873bn of newbuilding contracts during the decade. The analyst compan...
2019-07-17 14:37:55
Keppel secures contracts for FPSO and dredger [Offshore]
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel FELS Limited (Keppel FELS) and Keppel Shipyard Ltd (Keppel Shipyard), secured contracts from repeat customers worth approximately S$130 million fo...
2019-07-17 10:30:45
Odfjell SE sells terminal in Jiangyin to YZJ [General]
Odfjell SE announced that Odfjell Terminals Asia Holding Pte. Ltd. has finalized the sale of its indirect 55% equity interest in Odfjell Terminals (Jiangyin) Co., Ltd. Reference is made to the stock exchange announcement of May 8th, 2018, in whi...
2019-07-17 10:29:46
Wärtsilä chosen for Damen hopper dredger [Equipment]
The technology group Wärtsilä has again been selected by the Netherlands-based shipbuilding company Damen Shipyards Group to provide the main propulsion solutions for a large Marine Aggregate Dredger (MAD). The dredger is being built for the U....
2019-07-17 08:53:49
McDermott awarded FEED contract for Sohar LNG [Shipping]
McDermott International, Inc. (NYSE: MDR) announced it has been awarded a contract by Total Oman E&P Development B.V. in partnership with Oman Oil Company S.O.A.C. to provide front-end engineering design (FEED) services for the Sohar LNG Bunk...
2019-07-17 08:53:17
UK set new innovation center of industry [General]
A consortium of British companies, academia and government, have formally established a new national centre for maritime innovation and technology (“MarRI-UK”). The centre, offering exciting development opportunities for the UK’s £40bn mar...
2019-07-17 08:52:19
Alpha Ori SMARTShip acknowledged by ClassNK [Equipment]
Leading ship classification society ClassNK has confirmed type approval certification for SMARTShip™, the patented digital shipping solution developed by Alpha Ori Technologies (AOT) which is now enjoying rapid uptake across the maritime sector...
2019-07-17 08:45:02
Finalised programme sees Europort 2019 setting industry agen [Shipping]
Europort 2019 has finalized the most extensive conference and events programme in its history, adding a number of elements that will ensure that this year’s edition of the biennial maritime and offshore gathering in Rotterdam is more thought-pr...
2019-07-17 08:44:08
LuminUltra reveals lurkers in water [Equipment]
Users of LuminUltra’s 2nd Generation® Adenosine Triphosphate (ATP)-based test kits have been able to rapidly verify the effectiveness and compliance of their water treatment systems by monitoring total microbiological content, saving significa...
2019-07-17 08:43:37
New GEA marine Separator proves itself in the market [Equipment]
GEA equipped two Hapag-Lloyd container ships with the GEA marine Separator which it recently presented at SMM 2018 in Hamburg. The GEA marine Separators 50 and 90 are equipped with integrated direct drive technology. This GEA technology has been ...
2019-07-17 08:42:24
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