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Mitsui E&S reduces production of Tamano yard
[Shipbuilding]
Mitsui E&S Shipbuilding plans to gradually reduce the production of its Tamano yard. According to industry sources, the Japanese shipbuilder will engage in building ships in the future through cooperation with its compatriot Tsuneishi Sh...
2020-08-19 08:55:44
"Very weak LNG trade growth expected"
[Market Information]
Clarksons Research noted that global LNG trade growth is expected to decrease to 1% in 2020, but it is forecasted that it would recover next year. Global LNG trade growth this year is expected to fall to 1% in comparison with 12% in the ...
2020-08-19 08:54:39
"Very weak LNG trade growth expected"
[Shipbuilding]
Clarksons Research noted that global LNG trade growth is expected to decrease to 1% in 2020, but it is forecasted that it would recover next year. Global LNG trade growth this year is expected to fall to 1% in comparison with 12% in the ...
2020-08-19 08:53:46
Hermitage & 28 units file petitions for reorganization
[General]
Hermitage Offshore Services Ltd. and 28 of its subsidiaries including all its vessel-owning subsidiaries (collectively, the “Company”) jointly announced on August 11 that they have filed voluntary petitions for reorganization under Chapter 11...
2020-08-18 09:55:41
SCHOTTEL provides tug equipment to Med Marine
[Equipment]
The German propulsion expert SCHOTTEL recently announced that it has secured a contract with Turkish shipyard Med Marine to provide azimuth thrusters for a new salvage tug ordered by Kenya Ports Authority (KPA). It will be equipped with mai...
2020-08-18 09:39:52
Fugro delivers site investigation solutions to JV
[Offshore]
Fugro announced on August 13 that the CrossWind consortium, a joint venture between Shell in the Netherlands and Eneco, has awarded Fugro a contract to deliver comprehensive geotechnical site investigation solutions to support development of th...
2020-08-18 09:35:00
Solstad charters CSV to Ocean Installer
[Shipbuilding]
Solstad Offshore ASA announced on August 13 that it has been awarded a contract with Ocean Installer for the CSV Normand Vision. The contract commences in 1Q and the firm and optional periods covers the majority of 2021. Normand Vision is a ...
2020-08-18 09:32:13
Aqualis inks new supervision deal
[Shipbuilding]
Aqualis Braemar announced on August 13 that OuYang Offshore Co., Ltd. has awarded AqualisBraemar the construction supervision contract for two newbuild self-elevating wind turbine installation vessels to be constructed at Chinese shipyard Dayang ...
2020-08-18 09:29:07
Meyer Turku readies layoff negotiations
[Shipbuilding]
Meyer Turku announced on August 13 that the First part of its YT negotiations have now come to a conclusion. Meyer Turku will permanently layoff 166 people. The number at this point includes 86 blue collars and 80 white-collar workers. Due ...
2020-08-18 09:26:02
MacGregor secured RoRo orders from Japan
[Equipment]
MacGregor, part of Cargotec, announced on August 13 that it has secured two orders from Japan to provide full hardware supply including ramps and lifting platforms for two RoPax vessels and two material supply vessels. The orders are booked in...
2020-08-18 09:20:51
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