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NORDEN adds 2 ships to existing contract with NACKS
[Shipbuilding]
NORDEN announced on August 11 that it has added 2 vessels to the existing newbuilding contract with Nantong Cosco Khi Ship Engineering Co. (“NACKS”), taking the total order to 6 vessels. Of this order, NORDEN has already sold 2 vessels on sal...
2020-08-14 09:35:58
Thordon's water propeller shaft fitted on containership
[Equipment]
Thordon Bearings announced on August 11 that the two Super Eco 2700 containerships China’s Zhoushan Changhong Shipyard is building for Singapore-headquartered X-Press Feeders have launched with a complete water lubricated propeller shaft arra...
2020-08-14 09:33:38
SOCAR Petrofac JV provides payroll & personnel support
[General]
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), announced on August 10 that it has secured a contract to provide BP Azerbaijan with international payroll and personnel support services including...
2020-08-14 09:26:55
Lurssen discusses new ships with Bulgaria
[Shipbuilding]
The Bulgarian government is wrapping up a discussion on the construction of two patrol ships with Lursen, a German-based shipyard. According to industry sources and foreign media, Defense Minister Krasimir Karakachanov said that a formal contr...
2020-08-14 09:16:25
Dajin Heavy wins special vessel
[Shipbuilding]
Dajin Heavy Industry, a subsidiary of Shanghai Bestway Marine Engineering Design (Bestway), turns out to have won one windfarm barge vessel following a tender process. According to industrial source and foreign press, Dajin Heavy Industry has ...
2020-08-14 09:13:56
Mokpo fosters South port as green ship Mecca
[Offshore]
Mokpo city, the South Jeolla province, republic of Korea, plans to establish a cluster of green ships at Mokpo’s South port and foster it as a mecca for renewable energy with the forward base of the offshore wind industry, which is being built ...
2020-08-14 09:12:34
China saw 3% upturn in NB orders in first half
[Market Information]
The China Association of the National Shipbuilding Industry (CANSI) released statistics on Chinese shipyard’s Jan-June business results on July 30. From January to June this year, shipyards in China completed newbuilds of 17.58m dwt, d...
2020-08-14 09:10:03
China saw 3% upturn in NB orders in first half
[Shipbuilding]
The China Association of the National Shipbuilding Industry (CANSI) released statistics on Chinese shipyard’s Jan-June business results on July 30. From January to June this year, shipyards in China completed newbuilds of 17.58m dwt, d...
2020-08-14 09:09:21
Global yards' orderbook reaches low in 17 years
[Market Information]
Global shipyards' orderbook of bulker, containership and crude carrier is the lowest for 17 years. The Baltic and International Maritime Council (BIMCO) has recently noted that there is a slow trend in global new order sales market and n...
2020-08-14 09:08:24
Global yards' orderbook reaches low in 17 years
[Shipbuilding]
Global shipyards' orderbook of bulker, containership and crude carrier is the lowest for 17 years. The Baltic and International Maritime Council (BIMCO) has recently noted that there is a slow trend in global new order sales market and n...
2020-08-14 09:07:42
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