HZ launches LNG FSRU for Greece [Shipbuilding]
Hudong-Zhonghua Shipbuilding of China has recently launched a floating storage and regasification unit (FSRU) awarded by Dynagas, a Greek shipowner. According to industrial source and foreign media, the FSRU has been named the 'Transgas Power'...
2020-04-07 09:11:13
BoComm orders VLOC quartet [Shipbuilding]
BoComm Financial Leasing (BoComm FL), the leasing arm of the Bank of Communications of China, turns out to have ordered four 325,000 dwt very large ore carriers (VLOCs) from its compatriot Qingdao Beihai Shipbuilding Heavy Industry (BSIC).  ...
2020-04-07 09:10:22
HMD gets orders for 7 methanol carriers [Shipbuilding]
It seems that Hyundai Mipo Dockyard (HMD) received orders worth $300m.  According to TradeWinds and industry sources, Sweden’s Marinvest, and Japan’s NYK Line and Meiji Shipping have each ordered two vessels, while MOL has placed one ...
2020-04-07 09:08:35
EC stops review on HHI&DSME merger plan [General]
It turned out that The European Commission(EC) has put off the full-scale probe into the acquisition of South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries Holdings (HHI Holdings). Accordin...
2020-04-07 09:07:27
Höegh LNG applied for LNG import licence in Cyprus [General]
Höegh LNG Holdings Ltd. (“Höegh LNG” or “the company”) announced on April 1 that it has adviced its subsidiary, Höegh LNG Ltd., has applied for an LNG infrastructure ownership, operations and development license in Cyprus. To divers...
2020-04-06 09:50:25
Vitol Group acquired Sinanju [Finance]
Vitol Marine Fuels Pte Ltd, a subsidiary of the Vitol Group,announced on April 1 that it has acquired 100% of Singapore-based bunkering specialist Sinanju Tankers Holdings (“Sinanju”). The Singapore Bunkering license holding entity has been r...
2020-04-06 09:46:31
Huisman to supply crane for PaxOcean [Offshore]
Huisman announced on April 1 that it has signed a contract with PaxOcean Engineering for the delivery of a 1,600mt Leg Encircling Crane. The crane will be installed on the new self-elevated platform (SEP) of Penta-Ocean Construction Co., Ltd. Wit...
2020-04-06 09:43:43
Econowind provides wind power system [Equipment]
Boomsma Shipping recently announced that even with the restrictions and challenges that face the shipping industry with the Corona virus pandemic and the latest low oil prices, wind assisted propulsion solutions are still making headway. Netherla...
2020-04-06 09:39:10
Wärtsila supplies monitoring system for Cyprus [Equipment]
The technology group Wärtsilä announced on April 1 that it has been contracted to upgrade its 11-year old Vessel Traffic Monitoring and Information System (VTMIS) serving ports in Cyprus. The order was placed in November 2019 by the Shipping De...
2020-04-06 09:32:26
GTMaritime offers new cyber security solution [Offshore]
GTMaritime announced on April 1 that a new solution counters a major cyber security weakness of ships at sea today by deploying critical software and security patches to protect shipboard systems before threats emerge. GTDeploy provides a softwar...
2020-04-06 09:27:34
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