Viking Line gets state guarantees for loans [Finance]
Viking Line announced on October 15 that the Finnish Government approved the State of Finland’s guarantees on Viking Line´s liquidity loans up to 38.7 million euros. Using the liquidity loans, Viking Line aims to further secure its cash positi...
2020-10-21 09:46:21
Dual-Fuel ME-GI Engines power EPS' bulkers [Equipment]
MAN Energy Solutions announced on October 14 that it has received an order for 5 × 6G70ME-GI Mk 10.5 dual-fuel engines in connection with the construction of 5 × 210,000-dwt Newcastlemax bulkcarriers for EPS, the Singapore-based shipping compan...
2020-10-21 09:41:51
American cruise lines to roll out American Melody [Shipbuilding]
American Cruise Lines announced on October 16 that just two months after accepting delivery of the American Jazz, its next new ship is already being readied for launch. The forward hull section of American Melody was moved from a hull fabrication...
2020-10-21 09:36:54
Stena Bulk to facilitate sea trial with biofuel oil [Shipping]
Stena Bulk announced on October 14 that it has just completed a successful sea trial together with ExxonMobil, testing the company’s first marine bio fuel oil in commercial operation. The trial included evaluation of on-board storage, handling ...
2020-10-21 09:32:41
EPS works with Goodfuels for marine biofuel bunkering trial [Offshore]
Singaporean-based tonnage provider Eastern Pacific Shipping (EPS), announced on October 15 that it has appointed GoodFuels to supply biofuel bunkers for its 2010-built 47,377 deadweight tonne MR tanker M/T Pacific Beryl. The successful bunkering,...
2020-10-21 09:28:37
Wood gets $75m deal with Equinor in North Sea [Offshore]
Wood announced on October 14 that it has further strengthened its relationship with Equinor by securing a new contract to support the international energy company’s operations at the Mariner field in the UK Continental Shelf (UKCS). Wood has...
2020-10-21 09:25:18
Siemens Energy supplies its equipment & compressors [Equipment]
Siemens Energy announced on October 14 that CCS JV (a joint venture between Saipem and McDermott) recently selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors for the Mozambique LNG Project...
2020-10-21 09:22:06
Dongil Steel solely makes bid for sale of Daesun [Finance]
It emerged that Dongil Steel has solely made a bid for the sale of Daesun Shipbuilding & Engineering (Daesun). According to an industry source, the British private equity fund operator had been negotiation with the Export-Import Bank Of Ko...
2020-10-21 09:08:09
Korean shipyards saw new orders on strong won [Market Information]
It is expected that Korean shipbuilders suffer from dwindling orders may get some orders from shipowners later this year due to strengthening Korean currency against the U.S. dollar. Analysts anticipated those ship owners will rush to order befor...
2020-10-21 09:07:23
Korean shipyards saw new orders on strong won [Shipbuilding]
It is expected that Korean shipbuilders suffer from dwindling orders may get some orders from shipowners later this year due to strengthening Korean currency against the U.S. dollar. Analysts anticipated those ship owners will rush to order befor...
2020-10-21 09:06:43
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