KOMEA-LH to support Korean equipment makers [Equipment]
The Korea Marine Equipment Association (KOMEA) and the Korea Land and Housing Corporation (LH) have recently signed a memorandum of understanding (MOU) in order to help Korean shipbuilding and offshore equipment providers enter Russian market.&...
2020-09-28 09:14:59
PANASIA installs scrubbers on ULC [Equipment]
Korean marine equipment expert PANASIA announced on September 17 that it has completed installing scrubbers on HMM’s 24,000teu containership. The vessel, which is being built by Samsung Heavy Industries (SHI), was delivered on September 11 f...
2020-09-28 09:13:48
Korea establishes advancement complex [Shipbuilding]
North Jeolla Province of Korea announced on September 17 that it will proceed with establishing advancement complex & creating a related ecosystem in order to support repair and conversion of small and medium-sized and special ships, which re...
2020-09-28 09:11:48
VLCC price hits lowest level in 30 years [Market Information]
Inflation-adjusted very large crude carrier (VLCC) price reached an all-time low in the past 30 years. According to Cleaves Securities, the cost of a new VLCC is now at least as cheap as since the 1980s. The newly ordered VLCC’s price is ...
2020-09-28 09:10:31
VLCC price hits lowest level in 30 years [Shipbuilding]
Inflation-adjusted very large crude carrier (VLCC) price reached an all-time low in the past 30 years. According to Cleaves Securities, the cost of a new VLCC is now at least as cheap as since the 1980s. The newly ordered VLCC’s price is ...
2020-09-28 09:09:43
DNV GL relases new 'Maritime Forecast' [Shipping]
DNV GL announced on September 22 that DNV GL – Maritime has released the fourth edition of its Maritime Forecast to 2050. The purpose of Maritime Forecast to 2050 is to enhance the ability of shipping stakeholders, especially shipowners, to nav...
2020-09-25 09:56:19
Icebreaking expedition cruise designed by KNUD E. HANSEN [Shipbuilding]
KNUD E. HANSEN announced on September 22 that the latest design from KNUD E. HANSEN is an Icebreaking Expedition Cruise Vessel with a high degree of operational flexibility and a wide range of sophisticated design features. At 144 metres long, th...
2020-09-25 09:40:32
Jan De Nul’s dredger sails with 100% biofuel [Equipment]
MAN Energy Solutions announced on September 22 that Jan De Nul vessel achieves remarkable 85% CO2 reduction with MAN engines. Jan De Nul Group recently announced that its trailing suction hopper dredger, ‘Alexander von Humboldt’, had compl...
2020-09-25 09:36:10
LNG powered containership joins CMA CGM's fleet [Shipbuilding]
CMA CGM Group announced on September 22 that the CMA CGM JACQUES SAADE has joined CMA CGM Group’s fleet thus becoming the largest LNG-powered container ship in the world. A global leader in shipping and logistics, CMA CGM has made the symbolic ...
2020-09-25 09:31:42
Emerson launches new laser welder platform [Equipment]
Emerson recently announced it has launched a new laser welder platform that provides high mix and batch manufacturers of plastic components with greater production capability, without compromising product quality or performance. The Branson™ GL...
2020-09-25 09:25:48
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