Valmet signs a contract with Mitsubishi Shipbuilding [Equipment]
Valmet announced on May 11 that it has signed a contract with Mitsubishi Shipbuilding Co., Ltd. Shimonoseki Shipyard to deliver hybrid scrubber systems and water treatment units to two ferries. Each vessel will be equipped with two identical Valm...
2020-05-14 09:33:33
SCHOTTEL supplies tunnel thruster STT 51 FP to flagship [Equipment]
SCHOTTEL recently announced that Singapore-based Penguin International Ltd. has selected SCHOTTEL’s Tunnel Thruster STT 51 FP for its flagship Flex-42X series of eight executive fast crew boats following a successful testing and evaluation pr...
2020-05-14 09:30:23
Optimarin meets growing demand for flexible financing soluti [Finance]
Ballast water treatment (BWT) specialist Optimarin announced on May 11 that it has adopted a novel approach to meet growing demand for flexible financing solutions. The Norwegian headquartered business, which has now sold around 1000 of its ...
2020-05-14 09:27:53
K-CAT supports SIEM Offshore successfully [Equipment]
Kongsberg Maritime announced on May 11 that its K-CAT (KONGSBERG Competence Assessment Tool) is receiving positive reports from the global oil & gas fleet supplier Siem Offshore, consolidating a deal between the two companies worth in the r...
2020-05-14 09:24:21
EURONAV sold VLCC 'TI Hellas' [Shipping]
Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) announced on May 8 that it has sold the VLCC TI Hellas (2005 – 319,254 dwt) for USD 38.1 million. A capital gain on the sale of approximately USD 1.6 million will...
2020-05-14 09:16:09
JIC Leasing enters ship lease business [Finance]
China's Dingheng Shipping turns out to have signed a sale & leaseback (S&LB) contract with its compatriot JIC Leasing for one chemical tanker that was built in 2010.  Under the deal, according to foreign press, Dingheng Shipping s...
2020-05-14 09:11:04
AVIC starts building LNG-fueled tanker [Shipbuilding]
AVIC Dingheng Shipbuilding has started construction of the seventh LNG-fueled vessel for Sweden's Gothia Tanker Alliance. The Chinese shipbuilder had a keel-laying ceremony for the dual-fuel (DF) oil/chemical tanker last April. As a member of ...
2020-05-14 09:09:51
DeepOcean's special vessel enters Norway [Shipbuilding]
The 150m-long offshore construction vessel (OCV) 'Edda Freya' of DeepOcean, a global subsea engineering company, turns out to have been delivered to Nexans' Norway-based works in order to load umbilicals. DeepOcean is scheduled to install the ...
2020-05-14 09:08:50
Kumiai orders two tankers [Shipbuilding]
It turned out that Japanese owner Kumiai Senpaku has placed the order for one 37,000-dwt asphalt tanker and one 50,000-dwt MR tanker at China’s CSSC Chengxi Shipyard.  According to industry sources and foreign media, Kumiai Senpaku orde...
2020-05-14 09:07:46
LNG tug boat to be built in Incheon [Shipbuilding]
It turned out that the LNG fueled tugboat (tug) that is introduced in the domestic market for the first time will be built at Incheon. According to sources, Korea Gas Shipping has been awarded a contract to build a tugboat with DH shipping.&nb...
2020-05-14 09:06:25
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