Kongsberg develops new LARS solution [Equipment]
Kongsberg Maritime announced on March 31 that it has developed a new LARS (Launch and Recovery System) solution for its HUGIN range of Autonomous Underwater Vehicles (AUVs), which is set to bring about a series of far-reaching operational improve...
2020-04-02 09:33:51
Aker Solutions signed a five-year agreement [Offshore]
Aker Solutions, in a joint venture with PTAS Sdn Bhd, announced on March 30 that it has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP). Scope of work covers maintenance ...
2020-04-02 09:28:02
McDermott nets contract by BHP for Trion FPU Pre-FEED [Shipbuilding]
McDermott International, Inc. announced on March 30 that it has been awarded a sizeable* contract by BHP Billiton Petróleo Operaciones de México, S. De R.L. De C.V. (BHP) to provide pre-front-end engineering design (pre-FEED) services for a f...
2020-04-02 09:24:10
Wärtsilä signs licence and co-operation agreement [Equipment]
The technology group Wärtsilä, with the consent of all joint Japanese patent holders developing gate rudder technology, announced on March 30 that it has signed a Licence and Co-operation Agreement with Kuribayashi Steamship Co for future devel...
2020-04-02 09:17:07
HZ Group preparing to deliver LNGBV [Shipbuilding]
It turned out that China’s Hudong-Zhonghua Shipbuilding Group(HZ Group) is preparing to deliver one LNG bunkering vessel (LNGBV) to Japna’s Mitsui O.S.K. Lines(MOL) by next month. This unit is known as the largest LNGBV in the world.  ...
2020-04-02 09:13:13
Global O&G sees project delays & CAPEX cuts [Offshore]
Global offshore energy developers have reduced their capital expenditure (CAPEX) and delayed several projects this year. According to industrial source, Inpex is reviewing the schedule of the second phase of the 'Abadi LNG' project in Indonesi...
2020-04-02 09:11:35
HHI Group owed around $221m by TMT [Finance]
It turned out that Taiwan’s Today Makes Tomorrow (TMT) seems to pay at least $221m to two South Korean shipyards (Hyundai Heavy Industries and Hyundai Smaho Heavy Industries). According to London court judgment, TMT must pay for building new...
2020-04-02 09:09:24
DSME wins one VLCC order from Pan Ocean [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) won one Very Large Crude oil Carrier (VLCC) from Pan Ocean, which compatriot shipping company. The VLCC, which is 336 meters long and 60 meters wide, is an eco-friendly vessel with a desulfur...
2020-04-02 09:07:23
SGMF stresses LNG as cleaner fuel option [Shipping]
The Society for Gas as a Marine Fuel (SGMF) announced on March 30 that it has released a video explaining why Liquified Natural Gas (LNG) is currently the only viable solution available that can cut emissions from deep-sea shipping as newer, clea...
2020-04-01 10:41:39
Inmarsat contributes to decarbonization [Equipment]
Inmarsat, the world leader in global mobile satellite communications, announced on March 20 that it is a founding member of Asia’s first ‘Decarbonising Shipping’ initiative to harness the power of start-ups to meet UN targets on greenhouse ...
2020-04-01 10:23:33
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