Shin Kurushima wins LNG-fueled PCTC [Shipbuilding]
NYK announced on February that it has concluded a contract with Shin Kurushima Dockyard Co. Ltd. to build a second LNG-fueled pure car and truck carrier (PCTC). With this new vessel, NYK will be able to provide more customers with a low-carbo...
2020-02-07 09:33:04
KBR won PMC contract by ADNOC [Offshore]
KBR (NYSE: KBR) announced on February 3 that it has been awarded a major Project Management Consultancy (PMC) services contract by Abu Dhabi National Oil Company (ADNOC) for the Ghasha Concession portfolio of projects. Under the terms of the c...
2020-02-07 09:28:11
Polaris Shipping purchases used VLCC [Shipping]
Domestic Polaris Shipping in South Korea, which operates large-sized bulkers, has recently entered the VLCC shipping market through the purchase of second-hand VLCC.  According to TradeWinds and sources, it had acquired 320,000-dwt produc...
2020-02-07 09:20:13
DongHwa Entec to provide FGSS for tug [Shipping]
DongHwa Entec recently announced that it had signed a contract with Incheon-based Korea Gas Shipping Co. to supply FGSS (Fuel Gas Supply System) for Korea's first LNG-powered tug boat in early January. For the first time in Korea, LNG Tug boat...
2020-02-07 09:18:30
SK Energy completed VRDS [Shipping]
SK Energy CO., Ltd. (SK Energy) announced on January 31 that it has finished Vacuum Residue Desulfurization (VRDS), as mechanical completion. After announcing the new VRDS plan worth KRW 1trn in November 2017, the construction began in Jan...
2020-02-07 09:16:35
Korean government supports fleet modernization [Finance]
South Korea announced on Wednesday that it has revealed financial products worth KRW 820bn to help modernize time-worn liner and cargo ships.  The financial products are aimed at supporting smaller shipping companies to construct 59 new...
2020-02-07 09:15:03
Hapag-Lloyd succeeded in bio fuel bunkering [Shipbuilding]
Hapag-Lloyd announced on February 3 that it is bunkering “bio”: To reduce the CO2 emissions generated by operating ships, one of its ships recently refuelled in Rotterdam with a new, eco-friendly biofuel. For the first time, the “Montreal...
2020-02-06 09:54:54
Sanmar Shipyards delivers new tug [Shipbuilding]
Sanmar Shipyards recently announced that the delivery of “BOGACAY XXXI” a 2018 built RAmparts 2400-SX Class ASD Tug to SAAM’s Towage fleet in Panama. She is re-named as “SAAM VALPARAISO”. Principal dimensions are 24.40m x 11.25m. She ca...
2020-02-06 09:49:38
CoCo Yachts wins 1 ferry [Shipbuilding]
CoCo Yachts recently announced that an order with Xiamen Marine Passenger and Tourist Transportation Group for an aluminum high speed ferry. This ferry is the first CoCo Yachts designed ferry for Xiamen Marine Passenger and Tourist Transportat...
2020-02-06 09:45:00
TOBISHIMA to advance construction management [General]
TOBISHIMA CORPORATION (Headquarters: Tokyo, Japan; President: Masahiro Norikyo; Tobishima Corporation) announced on January 24 that it will develop a new construction management framework by utilizing business process outsourcing (BPO) services...
2020-02-06 09:39:30
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