FLEX LNG inks time charter deal with Endesa [Shipping]
Flex LNG Ltd (Flex LNG or the Company) announced on December 19 that it has entered into a new time charter with Endesa for the vessel Flex Ranger. Endesa is a leading company in the Spanish electricity sector and the second largest operator in t...
2019-12-23 08:57:23
HHI Group wins four gas carriers [Shipbuilding]
Hyundai Heavy Industries (HHI) Group has recently announced that it won two 174,000 cbm LNG carriers worth $376m in total from a foreign operator.  With dimensions of 299m in length, 46.4m in width and 26.5m in depth, each of the vessels ...
2019-12-23 08:52:18
Shell inks charter deals for LNGC octet [Shipbuilding]
Royal Dutch Shell has hired two LNG carrier newbuilds which are related to the business of JP Morgan Asset Management. In addition to time charter contracts it has recently signed with Norway's Knutsen OAS Shipping for four LNG carriers and SM...
2019-12-23 08:51:00
SM KLC charters out two LNGCs to shell [Shipbuilding]
SM KLC (Korea Line Corporation) has announced in a stock exchange filing on December 20th that it has signed a Time-Charter (TC) contract with Shell Tankers (Singapore) Private Limited for two newbuild LNG carriers. The contract was signed on ...
2019-12-23 08:50:00
Korea supports employment security of shipyards [Shipbuilding]
The Ministry of Employment and Labor (MOEL) of Korea had this year's fifth council meeting on employment policy on December 19 at Korea Press Center, Seoul, Korea, to decide to extend the period for Korean shipbuilding industry being selected as ...
2019-12-23 08:48:07
Japan's ship exports halved in November [Shipbuilding]
It turned out that last month's new export ship orders in Japanese shipbuilding industry plummeted by about 52% year-on-year.  According to the Japan Ship Exporters' Association (JSEA), in November, shipbuilders in Japan scored 15 vessels...
2019-12-23 08:46:31
Korea to launch 'maritime e-Navigation' in 2020 [Shipping]
In 2020, Korea is introducing the intelligent maritime transportation information communication service, utilizing the maritime LTE network (LTE-M) for the first time in the world. The Ministry of Oceans and Fisheries is scheduled to test-oper...
2019-12-23 08:45:35
Damen finishes new speical ship test [Shipbuilding]
Damen’s new Ultra Shallow Shoalbuster 3815 SD has successfully completed sea trials and bollard pull testing. The newly designed vessel achieved 18.6 tonnes of bollard pull, while still being able to operate in extreme shallow waters. Despite t...
2019-12-20 09:31:29
WETA orders additional high-speed ferry [Shipbuilding]
The San Francisco Bay Area Water Emergency Transportation Authority (WETA) Board of Directors have recently authorized the agency to exercise a $14.8 million build option for a second 300-passenger high-speed ferry from Mavrik Marine Inc. to supp...
2019-12-20 09:28:51
Shell launches new IT platform for used oil analysis [Shipping]
Shell Marine has recently launched a new IT platform for its well-respected used oil analysis programme Shell LubeAnalyst. The launch comes after years of planning and development and is the first step in demonstrating how Shell Marine will digit...
2019-12-20 09:22:06
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