Inmarsat-ABB ink fleet data deal [Equipment]
Inmarsat and ABB Marine & Ports, two driving forces behind maritime digitalisation, have recently signed a milestone Master Supply Agreement. The implementation of the agreement tackles an obstacle identified by ship owners themselves which s...
2019-12-03 09:00:00
Imabari-JMU announce business tie-up plan [Shipbuilding]
Japan's two shipbuilding giants Imabari Shipbuilding and Japan Marine United (JMU) announced on November 29 that they entered into a basic agreement for capital and business tie-up. As for capital tie-up, Imabari considers acquiring the new co...
2019-12-03 08:54:04
Chinese yard group waiting for $4bn orders [Shipbuilding]
China Shipbuilding Group, the new shipbuilding giant of China, officially established on November 26 with the merger between CSSC and CSIC, is set to win mammoth orders early this month during the Marintec China 2019 event. Global shipping new...
2019-12-03 08:52:49
Northern arguing with DSME on drillship issue [Offshore]
Northern Drilling and Daewoo Shipbuilding & Marine Engineering (DSME) are at odds over drillship resale contract cancellation. On November 29, 2019, the offshore drilling company announced in its third quarter results report that on Octobe...
2019-12-03 08:47:21
HSG inked MOU for Sungdong acquisition [Shipbuilding]
Sungdong Shipbuilding & Marine Engineering has signed MOU with the preferred bidder HSG Heavy Industries - Curious Partners consortium on November 29. HSG - Curious consortium paid contract execution guarantee money, 5% of the total ac...
2019-12-02 15:22:01
SHI won two Aframax ships from Europe [Shipbuilding]
Samsung Heavy Industries (SHI) announced in a regulatory filing on December 2nd that it has signed KRW 187.5bn or about $160m deal with with an Eurasian shipowner to build two ice-class Aframax tankers. The ships will be delivered by March 2022...
2019-12-02 14:49:00
SCHOTTEL to propel world's largest live fish carrier [Equipment]
SCHOTTEL turns out to have once again been awarded orders in the Norwegian fishery segment. Thus, the world’s largest live fish carrier (LFC) as well as a 67-metre state-of-the-art longliner will feature thrusters from the German propulsion exp...
2019-12-02 09:46:59
Frontline makes loss in 3Q [Offshore]
Frontline Ltd. has recently reported unaudited results for the three and nine months ended September 30, 2019.  Highlights ＊Reports a net loss of $10.0 million, or $0.06 per share, for the third quarter of 2019. ＊Reported spot a...
2019-12-02 09:41:09
Saipem secures two offshore windfarm projects [Offshore]
Saipem announced on November 28 that it has been awarded a contract by the French company EDF Renewables for the construction of the Neart na Gaoithe (NnG) wind farm offshore Scotland. This is the first turn-key project awarded to Saipem in th...
2019-12-02 09:36:49
Subsea 7 nets Australian offshore deal [Offshore]
Subsea 7 has recently confirmed a substantial contract award by Woodside for the execution of phase 2 of the Julimar-Brunello Project. This contract was awarded to Subsea 7 earlier this year, subject to the final investment decision of the Julima...
2019-12-02 09:34:10
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