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DHSC inked newbuilding duo with Turkish owner
[Shipbuilding]
Korea's Daehan Shipbuilding (DHSC) scored a newbuilding order for two suezmax tankers from a Turkish shipowner. DHSC signed the shipbuilding contract on October 31 for 158,000-dwt suezmax duo with a length of 274m, a beam of 48m and a heig...
2019-11-04 13:52:45
Vard finishes design of LNGBV for Fincantieri
[Shipbuilding]
Vard Marine Inc. announced on November 30 that it has recently completed the concept design of a new 5,400 cubic meter (CBM) LNG bunker barge for Fincantieri Bay Shipbuilding. The barge is being designed for Polaris New Energy’s bunkering opera...
2019-11-04 10:39:07
Emerson to provide managed hosting service
[Offshore]
Emerson announced on October 30 that it has signed a multi-year, multi-million dollar agreement with Petróleo Brasileiro S.A. (Petrobras), the Brazilian integrated energy company, for managed hosting services to support Petrobras’ deepwater op...
2019-11-04 09:14:07
Maersk wins drilling deal from Serica UK
[Offshore]
Maersk Drilling announced on October 31 that it has entered into a contract with Serica Energy UK Ltd. to drill a subsea development well at the Columbus Development in the Central part of the UK North Sea. The contract value is USD 8m. The co...
2019-11-04 09:08:53
Kvaerner nets contract for Hywind Tampen
[Offshore]
Kvaerner announced on October 31 that the company signed a contract with Equinor to deliver 11 floating concrete hulls for offshore wind power turbines and in addition execute marine operations services for the Hywind Tampen project. This will be...
2019-11-04 09:05:32
BOA scores deal for Tortue project
[Offshore]
BOA announced on October 28 that it won a contract from EIFFAGE GC MARINE for transportation and float-off of 21 concrete caissons (around 16 000t each) as the main elements of the breakwater (1 150m) for the near-shore LNG Hub Marine Termi...
2019-11-04 09:00:42
Okeanis Eco secures loan for Suezmax duo
[Finance]
Okeanis Eco Tankers Corp. (OAX: OET) (the “Company”) announced on October 31 that it has secured commitment to a USD 45.9 million secured loan facility (the “Facility”) from Alpha Bank A.E. at highly attractive terms to finance 88.95% of ...
2019-11-04 08:56:57
Korea supports environment technology
[Shipbuilding]
South Jeolla Province of Korea announced on October 27 that it supported the environment technology of small-sized businesses in local shipbuilding industry, which are located at Daebul Industrial Complex, etc., with the goal of raising their com...
2019-11-04 08:52:45
"17,688 ships need to be replaced with LNG-fueled"
[Shipbuilding]
A Korean industry expert has recently contended that there are 17,688 units which need to be replaced to LNG-fueled vessels among about 24,000 second-hand vessels. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, n...
2019-11-04 08:47:22
Korea discusses how to help Sungdong & STX
[Shipbuilding]
A discussion meeting on 'how to help Sungdong Shipbuilding & Marine Engineering and STX Offshore & Shipbuilding' was held on October 31 at National Assembly Member's Office Bldg., Seoul, Korea. Park Jong-sik, researcher at the So...
2019-11-04 08:46:26
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