Damen diversifies its business [Shipbuilding]
The German government announced on January 14 that it has its intention to select Damen as the main contractor, together with partners Blohm + Voss and Thales, for supplying at least four Multi-Purpose Combat Ship MKS 180 frigates to the German N...
2020-01-17 10:05:46
Angola’s Block 48 will be drilled at new world record [Offshore]
Maersk Drilling announced on January 14 that the well in Angola’s Block 48 will be drilled at a new world record water depth of 3,628m. The current world record is 3,400 m, set by Maersk Voyager’s sister drillship Maersk Venturer when it dr...
2020-01-17 09:38:33
HÖEGH LNG receives financing [Finance]
Höegh LNG Holdings Ltd. (“Höegh LNG” or the “company”) announced on January 14 that company received commitment letters for a revolving credit facility of up to USD 80 million with security in the company’s common units in Höegh LNG ...
2020-01-17 09:35:11
Capt Eero became ONE SEA chairman [People]
ONE SEA, the industry alliance which aims to lead the way towards an operating autonomous maritime ecosystem by 2025, announced on January 14 that it  has appointed Capt Eero Lehtovaara as its new Chairman. Eero, a Master Mariner and Associa...
2020-01-17 09:32:35
ABB's recommendation for zero-emission [Shipping]
ABB announced on January 14 that ABB Marine & Ports delivered testimony in the US House of Representatives Committee on Transportation and Infrastructure about the future of marine technologies. Underpinning ABB’s commitment to tackl...
2020-01-17 09:28:43
TORM secures USD bank financing [Finance]
TORM recently announced that it has obtained commitment from leading ship lending banks for two separate term facilities and a revolving credit facility of up to a total of USD 496m. These facilities replace four term loans and TORM’s existin...
2020-01-17 09:25:17
Atlantique to break ground for OWF substation [Shipping]
It turned out that France's Atlantique shipyard has recently begun to break ground for an electrical substation to be deployed at its own country Saint-Nazair offshore wind farm (OWF). According to industry information and overseas sources, th...
2020-01-17 09:20:27
DTM plans to order 7 tankers from New Times [Shipbuilding]
It seems that Dynacom Tankers Management (DTM), which is led by Greek owner George Procopiou, plans to order seven newbuilding tankers from Chinese shipbuilder. According to TradeWinds and industrial sources, DTM is discussing a newbuilding pr...
2020-01-17 09:18:10
Oldendorff held naming ceremony for 4 BCs [Shipbuilding]
It turned out that Oldendorff Carriers, a German bulker ship operator and shipowner, had a naming ceremony for four newbuilds in Japan's Oshima Shipbuilding on January 10.  Among them, one 100,000-dwt ship was named 'Dietrich Oldendorff' ...
2020-01-17 09:15:57
New Hantong awarded 1+1 tankers by Carl Buttner [Shipbuilding]
China's Jiangsu New Hantong Ship Heavy Industry recently announced that it had won an order for one chemical and product carrier from German shipper Carl Buttner. The 38,000-dwt vessel is scheduled for delivery in November 2021, and the contra...
2020-01-17 09:12:58
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