MSC-Chantiers start SOFC technology project [Shipbuilding]
On the occasion of the cutting of the first steel ceremony of the first LNG-Powered cruise vessel to be built in France, MSC Cruises MSC Europa, held on October 31 in Saint-Nazaire (France), MSC and Chantiers de l’Atlantique unveiled a groundbr...
2019-11-11 09:02:34
KOMEA to hold 2019 networking conference [Equipment]
The Korea Marine Equipment Association (KOMEA), with the Busan branch of Korea Industrial Complex Corporation (KICOX) and Korea Maritime and Ocean University (KMOU) LINC+ project team, is scheduled to hold the '2019 Conference for Global Network ...
2019-11-11 08:49:40
SHI sees its 3Q losses widened [Shipbuilding]
Samsung Heavy Industries (SHI) announced through a regulatory filing on November 8 that its third-quarter operating loss widened to KRW 312bn (approximately $270m) from KRW 127.3bn a year ago.  SHI explained that △losses of KRW 260bn fr...
2019-11-11 08:49:01
HHIC speeds up for early normalization [Shipbuilding]
Hanjin Heavy Industries & Construction (HHIC) has recently seen a series of new order sales and succeeded in asset sales, accelerating its management normalization.  After appointing new CEO, Lee Byung-mo, last March, HHIC has made ef...
2019-11-11 08:47:59
MOL may win another charter for Total's LNG-BV [Shipping]
Japan's Mitsui OSK Line (MOL) and France's GazOcean are expected to jointly sign a time-charter agreement with Total for a new 18,600-cbm LNG bunkering vessel. According to industry sources and TradeWinds report, MOL-GazOcean consortium has ...
2019-11-08 16:04:07
EU-funded wind assisted ship propulsion project started [Shipping]
The Wind Assisted Ship Propulsion (WASP) project was officially launched recently, which is backed by EUR 5.4 million of EU funding. The project brings together universities, wind-assist technology companies and ship owners to research, tria...
2019-11-08 15:05:38
Yasa behind two suezmax orders at DHSC [Shipbuilding]
Yasa Holding in Turkey has reportedly returned to the suezmax crude tanker segment with an order for two newbuildings at its first-transaction shipyard in Korea. Yasa Holding board member Emirhan Sabanci said, “I can say that we are in dis...
2019-11-08 14:24:52
SBM awarded FEED for ExxonMobil’s 3rd FPSO in Guyana [Offshore]
On November 7, 2019, SBM Offshore announced that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage ...
2019-11-08 14:07:02
Clean Marine & FMSI willing to merge [Equipment]
Clean Marine AS and FMSI announced on October 25 that the companies have entered into a term sheet pursuant to which they will effect a business combination (the “Merger”) to create a leading provider of exhaust gas cleaning systems (“EGCS...
2019-11-08 09:16:54
Bow Olympus delivered to Odfjell [Shipbuilding]
Odfjell has recently announced that it officially received Bow Olympus on November 1 (18:15 local time in Shanghai), marking another milestone in our extensive fleet renewal program. Bow Olympus is the second of Odfjell’s four newbuilt 49,00...
2019-11-08 09:13:57
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