Oldendorff signs CTA for power plant in Bangladesh [Shipping]
Oldendorff carriers announced on November 1 that it signed a Coal Transportation Agreement 'CTA' with 'BCPCL,' which is a 50/50 JV between North West Power Generation Company Limited (NWPGCL), and China National Machinery Import and Export Corpor...
2019-11-05 08:56:35
Borr Drilling releases fleet status report [Offshore]
It turned out that Borr Drilling Limited (the “Company”) has recently issued an updated fleet status report, available on the Company’s website. The report includes news about five new contracts and extensions since the previous fleet statu...
2019-11-05 08:48:37
Subsea 7 inks two offshore wind deals [Offshore]
On October 31, Subsea 7 announced the award of a sizeable contract for Seaway 7, Subsea 7's Renewables and Heavy Lifting business unit, from Jan de Nul for the Formosa 2 Offshore Wind Farm project in Taiwan.   The contract scope includes t...
2019-11-05 08:44:26
"KEXIM keeps eyes on sale of Sungdong" [Shipbuilding]
Bang Moon-kyu, new chief of the state-run Export-Import Bank of Korea (Korea Eximbank, KEXIM), had a ceremony at the bank's headquarters in Seoul on November 1, to mark his inauguration, noting that he will complete the restructuring of shipbuild...
2019-11-05 08:40:25
Rehiring retired yard workers bears fruit [Shipbuilding]
A project to support 'retired key workers in shipbuilding industry', which has been run by South Gyeongsang Province and and Gyeongnam Technopark, is bearing fruit.  As a part of the project, the province offered core manpower in shipbuil...
2019-11-05 08:38:51
'2019 KOBC Maritime Conference' held [General]
The Korea Ocean Business Corporation (KOBC) held the '2019 KOBC Maritime Conference' on November 5 at Haeundae Grand Hotel, Busan Metropolitan City, Korea. The conference, which has been held every year since 2018 when the KOBC was established...
2019-11-05 08:37:30
Japan sees 26% up in ship exports [Market Information]
Japanese shipyards saw a 26% year-on-year increase in their new export ship orders last September. For the first nine months of 2019, however, their new orders plummeted by 7% y-o-y. According to the Japan Ship Exporters' Association (JSEA),...
2019-11-04 16:07:09
China's NB orders reach highest since April [Market Information]
The China Association of the National Shipbuilding Industry (CANSI) has recently released a statistic report that represents the business results its compatriot shipbuilding industry made for the nine months to September 30, 2019. According...
2019-11-04 16:05:16
Premium rates to speed up LNG-fuelled ship order [Shipbuilding]
State-of-the-art LNG-fuelled ship ordering is expected to gain speed as the freight rates premium on green ships support the investment, an analyst forecasts. Park Moo-Hyun, a researcher at Hana Financial Investment said in a recent report, ...
2019-11-04 15:23:32
YZJ bags six newbuilds for service in the Great Lakes [Shipbuilding]
China's largest private-run shipbuilder Yangzijiang Shipbuilding (YZJ) has won a newbuilding order for up to six bulkers. Singapore-listed YZJ said it has won up to six 31,800-dwt dry cargo vessels from Bulgaria's largest shipowner Navibulga...
2019-11-04 14:36:32
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