Survitec developed new lifejacket with PLB [Equipment]
A recent collaboration between two industry-leading safety equipment specialists shows what can be achieved when companies share their knowledge and expertise. Together, Survitec and Marine Rescue Technologies’ (MRT) have created a lifejacke...
2019-08-27 08:49:16
Corvus Energy batteries go into AIDA Cruises [Equipment]
Michael Thamm, Group CEO Costa Group and Carnival Asia said: “Our goal is the emissions-neutral ship operation. The electrification of our ships is another important milestone on this path. Thanks to the cooperation with Corvus Energy, already ...
2019-08-27 08:47:17
GEA makes waves in marine refrigeration business [Equipment]
Due to national and international laws as well as voluntary environmental protection measures, more and more environmentally friendly refrigerants are being used in the marine business. Based on more than 100 years of experience in the refrigerat...
2019-08-27 08:46:11
SCHOTTEL made way to Norled [Equipment]
SCHOTTEL become part of Norled’s path towards a green future: the German propulsion expert has recently secured a contract to provide propulsion units for three newly built hybrid ferries under construction at Sembcorp Marine, Singapore. Each o...
2019-08-27 08:29:18
CADMATIC acquires Finnish software company Kymdata [Shipbuilding]
CADMATIC Ltd has acquired Finnish software company Kymdata Ltd. The strategic acquisition expands CADMATIC's product portfolio and includes the entire share capital as well as IPRs to all Kymdata’s CADS software and its business agreements. The...
2019-08-27 08:27:50
India to promote LNG fuel in fishing sector [Shipbuilding]
The Kerala Development and Innovation Strategic Council (K-DISC) of India carries out a project to use LNG as the fuel of fishing boats ahead of the International Maritime Organization's (IMO's) 0.5% global sulfur cap rule, which takes effect fro...
2019-08-27 08:24:09
Croatia guarantees loans of 3 Maj [Finance]
The Croatian government has recently announced that it will guarantee loans of up to HRK 150m (about $22.5m) to give financial supports to its compatriot 3. Maj shipyard. For the affiliate of Uljanik Group, the largest shipbuilding group in Cr...
2019-08-27 08:23:41
BNK invests in shipping real asset again [Finance]
BNK Financial Group of Korea has invested $60m in ship funds with the goal of vitalizing maritime finance.  The group announced on August 22 that its affiliates BNK Busan Bank and BNK Kyongnam Bank invested KRW 40m and KRW 20m, respective...
2019-08-27 08:23:14
HSHI scores VLGC duo and PC trio [Shipbuilding]
Korea Shipbuilding & Offshore Engineering (KSOE) announced on August 26 that its subsidiary Hyundai Samho Heavy Industries (HSHI) won two 90,000 LPG carriers and three 115,000 dwt product carriers (PCs), respectively, from different Asian ope...
2019-08-27 08:22:38
"Local govt. needs to support S&M yards' R&D" [Shipbuilding]
A Korean industry expert insisted local governments which include South Gyeongsang Province should actively be involved in research & development (R&D) activities in order to revive small- and mid-sized shipbuilding industry in Korea.&nbs...
2019-08-27 08:21:51
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