CSET invested private placement [Finance]
Cosco Shipping Energy Transportation (CSET) has earned CNY 5.1bn ($717m) through its long-planned private placement in Shanghai. The Shanghai- and Hong Kong-listed CSET announced in a regulatory filing that it has issued a total of 731m new sh...
2020-03-26 09:10:29
KSOE held 46th general meeting of stockholders [Shipbuilding]
Korea Shipbuilding & Offshore Engineering (KSOE) held the 46th ordinary general meeting of stockholders on March 24 at the Hyundai building.  Korea Shipbuilding & Marine Engineering Co. appointed Ka Sam-hyun, president of Hyundai ...
2020-03-26 09:09:16
[Feature] Need for LNG-BV rises amid growth of LNG-fueled ve... [Shipping]
Even amid such a trend, Korea is devoid of large-sized LNG bunkering vessel (LNGBV). The Korean government currently plans to operate 7,500 cbm LNGBV, but this size is not enough to deal with large LNG-fueled vessels. Accordingly, shipping ind...
2020-03-26 09:05:37
ASA hands over two modern ultramax dry bulk vessels [Shipbuilding]
Ocean Yield ASA announced on March 19 that it has taken delivery of the two modern ultramax dry bulk vessels SBI Cronos and SBI Achilles. Upon delivery, the vessels commenced 9 and 10 years’ bareboat charters to Scorpio Bulkers Inc. Editin...
2020-03-25 09:54:29
Wärtsilä delivers navigation simulator&mathematical models [Equipment]
The technology group Wärtsilä announced on March 20 that it has delivered a navigation simulator and specific mathematical models to the Satakunta University of Applied Sciences (SAMK) in the city of Rauma, Finland. These will be used as an ess...
2020-03-25 09:52:02
Saipem&Equinor cooperate in developing floating solar [Equipment]
Saipem announced on March 20 that Saipem and Equinor have recently signed a cooperation agreement to develop a floating solar panel park technological solution for near coastal applications. The technology will be based on the in-house develop...
2020-03-25 09:48:55
YSA includes makeover with a twist seven seas [General]
YSA announced on March 23 that in upholding the luxury and sophistication for which the Regent Seven Seas Cruises brand has become renowned, new fleet addition Splendor also includes a makeover with a twist for a much-loved Seven Seas dining area...
2020-03-25 09:36:37
AGS gets extension of middle east contract [Shipbuilding]
Axxis Geo Solutions ASA (AGS) announced on March 19 that an extension to this contract has been awarded. The additional work is estimated to be totaling 7 vessel months and will continue into the second quarter of 2020.     "This...
2020-03-25 09:28:46
Jadestone revises capital expenditure guidance [Finance]
Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) (“Jadestone” or the “Company”), an independent oil and gas production company focused on the Asia Pacific region, announced on March 19 that it has provided an update on its 2020 capital expenditu...
2020-03-25 09:21:24
CIMC SOE secures two orders for LNG tanks [Shipbuilding]
It turned out that Nantong CIMC Sinopacific Offshore and Engineering (CIMC SOE), a unit of China International Marine Containers (CIMC) has secured two orders for LNG tanks. It exceeds RMB160m around 28.7bn) According to industry sources...
2020-03-25 09:12:44
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