DEME got contract with Hai Long [General]
Hai Long Offshore Wind Farm and CSBC DEME Wind Engineering (CDWE) join forces for the first large-scale Balance of Plant contract in Taiwan offshore wind. In Taipei, the Hai Long Offshore Wind (OFW) Project signed Taiwan’s first large-scale ...
2019-10-24 08:39:29
UGS backs engine output limit [Shipping]
In the context of materialising the United Nations International Maritime Organization’s (UN IMO) Initial Strategy for the decarbonisation of the shipping industry, Greece, as the leading traditional maritime country, has come forward with a co...
2019-10-24 08:37:33
LNG rates increased by 64% [Shipping]
The freight rates for LNG carriers have seen a sharp upturn over the past month. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, released a report on October 22, noting that the daily freight rate for a 174,000 cbm membrane-t...
2019-10-24 08:29:09
HHIC sells business asset [General]
Shares in Korea's Hanjin Heavy Industries & Construction (HHIC) soared on October 22 after news broke on the shipbuilder's decision on the sale of the East Seoul Central Bus Terminal. HHIC Holdings, a holding company of HHIC, also saw an i...
2019-10-24 08:28:45
HGS to carry out AMP retrofitting [Equipment]
Hyundai Global Service (HGS) and H-Line Shipping entered into an agreement to retrofit 11 vessels operated in Korean thermal power plants to be connected to 'Alternative Maritime Power (AMP)' systems on September 26 at its headquarters in Busan M...
2019-10-24 08:28:17
HODU play leading role in industry [Equipment]
HODU Co., Ltd., a Korean total solution equipment provider in ship and offshore plant sector, has succeeded in manufacturing galley, laboratory, medical systems and completing turn-key project related to them. Also, the company has successfully s...
2019-10-24 08:26:42
Iran wants to build 200 cargo ships in the country [Shipbuilding]
The Iranian government is planning to let its shipbuilding industry to build a fleet of 200 new cargo ships. The Minister of Industry, Mines and Business of the country Reza Rahmani said in an interview with Tasnim that “in the country’s m...
2019-10-23 16:57:28
Golar invests in LNG terminal in Brazil [Offshore]
Nasdaq-listed Golar LNG signed PPA to pursue an LNG-to-power project at Barcarena, Brazil. Sources said that the company made the government bid through a 50:50 joint venture with Stonepeak Infrastructure Partners, Golar Power, winning the 25-...
2019-10-23 15:41:32
Transocean delays drillship delivery, again [Offshore]
Transocean has delayed the delivery of two deep-sea drill ships it had ordered at Sembcorp Marine. Sources said that the rigs, which was ordered at Sembcorp’s Jurong Shipyard in 2014 at $540m apiece, are under construction based on the desig...
2019-10-23 14:57:00
Talks again rise on Keppel-Sembcorp merger [General]
Singapore’s state-run investor Temasek Holdings announced on October 21 that it placed a partial offer to buy 30.55% shares in Keppel Corporation.   Temasek explained that the offer was made through an indirect fully owned subsidiary Kya...
2019-10-23 14:44:39
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