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SEDNA and SHIPNEXT made partnership
[Equipment]
SEDNA, the leading provider of cloud-based transaction management software, announced on February 3 that it forms a partnership with SHIPNEXT that will enable organizations to digitize the workflow related to shipping, transportation, and freig...
2020-02-06 09:34:15
BC Ferries won contract for salish vessel
[Shipbuilding]
BC Ferries announced on January 31 that it has awarded contract for additional salish class vessel. BC Ferries continues to roll out its Clean Futures Plan and has awarded Remontowa Shipbuilding S.A. of Gdansk, Poland a contract to build an addit...
2020-02-06 09:28:47
China to build 4+4 heavy lift carriers
[Shipbuilding]
It turned out that Zhejiang Wuxing Logistics and Shanghai Zhixian Transportation Shipping, which are Chinese shipping logistics companies, have agreed to joint investment to build 4+4 heavy lift carriers. According to Industrial source...
2020-02-06 09:17:39
Brazil's EPR completes FPSO module
[Offshore]
Estalieros do Brasil (EBR), which is a Brazilian shipbuilder, recently announced that it has completed a topsides process module for Floating Production Storage and Offloading (FPSO) that it is received from Japanese MODEC, Inc. (MODEC). ...
2020-02-06 09:14:51
SHI's losses widen in 2019
[Shipbuilding]
It turned out that Samsung Heavy Industries (SHI) posted revenue of KRW 2.1572trn (about $1.817m) and operating loss of KRW 215bn in the fourth quarter of 2019. According to industrial sources, the Korean shipbuilding heavyweight s...
2020-02-06 09:13:10
Global newbuild investment down by 8% in 2019
[Shipbuilding]
It turned out that global shipowners have invested around $72.4bn to build newbuildings in 2019. According to Clarksons Research, the company attributed the amount to a drop of around 8% compared to 2018. In the same period, five countri...
2020-02-06 09:08:21
MODEC inked SPA by Equinor to provide FPSO in Brazil
[Offshore]
MODEC, Inc. ("MODEC") announced on January 30 that it has signed a Sales and Purchasse Agreement (SPA) with Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA ("Equinor"), to supply a Floating Production Storage and Offloading (FPSO) vessel...
2020-02-05 09:55:51
Navibulgar ordered 4 bulk carriers
[Shipbuilding]
Navigation Maritime Bulgare (Navibulgar) announced on January 29 that it has ordered the building of a new series of four 31 800t bulk carriers in the Chinese Shipyard Jiangsu New Yangzi Shipbuilding Co.: Hull YZJ 2019 - 1285; Hull YYZJ 2019 - 12...
2020-02-05 09:51:49
Gasum signed agreement for delivery LNG with Equinor
[Shipping]
Energy company Gasum announced on January 31 that Gasum and Equinor have signed an agreement under which Gasum will deliver liquefied natural gas (LNG) to Equinor’s new crude shuttle tankers. The supply will commence when the shuttle tankers ...
2020-02-05 09:46:14
DEPA signed financing agreement deal with EIB
[Finance]
Public Gas Corporation of Greece SA (DEPA) announced on January 28 that DEPA and the European Investment Bank (EIB) signed an agreement to finance with up to EUR 20 million the construction of a new LNG bunkering vessel for maritime use in Gree...
2020-02-05 09:42:48
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