Monjasa acquires tanker for Middle East operations [Shipping]
Oil and shipping group, Monjasa, recently announced that it has acquired the oil and chemical tanker Monjasa Server (9,600-dwt) from Golden-Agri Stena. The vessel is set for cargo and bunkering operations in the Arabian Gulf by November 2020. ...
2020-11-25 09:30:54
VARD bags deal for 8 robotic vessels [Shipbuilding]
VARD announced on November 23 that it has signed a new contract for the design and construction of eight Marine Robotic Vessels for Ocean Infinity.  In partnership with Ocean Infinity, VARD has designed a unique multi-purpose platform wit...
2020-11-25 09:28:23
North P&I Club to look for rate increase [General]
North announced on November 23 that its retained claims so far this year declined, with claims over US$1 million slightly down. The Club also achieved a positive return on investments of 2.16% (around $20 million) by its August mid-year point, de...
2020-11-25 09:24:40
TGS commences 3D program [General]
TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced on November 18 that it has commenced the Malvinas 3D program in Argentina. This survey was first announced to the market Augus...
2020-11-25 09:19:08
HZ Wind orders special vessel [Offshore]
Haizhuang Wind Power (HZ Wind), a renewable energy arm of the China State Shipbuilding Corporation (CSSC), turns out to have recently ordered one wind farm support vessel from its compatriot Guangzhou-based Yinghui South Shipbuilding. Accordin...
2020-11-25 09:10:31
CSSC joins hands with Rongsheng for VLCC [Shipbuilding]
The China State Shipbuilding Corporation (CSSC) has recently entered into a framework agreement with it compatriot Zhejiang Rongsheng Holding Group for the strategic cooperation in building very large crude carrier (VLCC).  Via the deal, ...
2020-11-25 09:09:49
Sanoyas quits shipbuilding business [Shipbuilding]
Japanese Sanoyas Holdings plans to withdraw from the shipbuilding business and sell its shipyard to Shin Kurushima. According to industry sources and foreign media, Sanoyas Holdings announced that it would quit the shipbuilding sector soon. At...
2020-11-25 09:08:59
U-Ming books LNG fueled BCs [Shipbuilding]
U-Ming Marine Transport ordered LNG powered bulkers valued at $250m from China's state-run Shanghai Waigaoqiao Shipbuilding (SWS), a unit of China State Shipbuilding Corporation (CSSC). According to industry sources and TradeWinds, U-Ming plac...
2020-11-25 09:08:10
Orders in the shipbuilding industry increasing [Market Information]
Korean domestic shipbuilding orders have increased since September 2020. According to Clarksons Research, Korean shipbuilders were awarded new orders of 720,000 cgt (13 units), representing 69% out of 1.04m-cgt vessels booked at global shipy...
2020-11-25 09:06:55
Orders in the shipbuilding industry increasing [Shipbuilding]
Korean domestic shipbuilding orders have increased since September 2020. According to Clarksons Research, Korean shipbuilders were awarded new orders of 720,000 cgt (13 units), representing 69% out of 1.04m-cgt vessels booked at global shi...
2020-11-25 09:06:19
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