CFS hand over control to creditors
Ching Fu Shipbuilding (CFS), the largest private shipbuilder in Taiwan recently lost its control to credit banks. According to foreign media, the creditors have taken over the control to prevent the bankruptcy of the yard and keep it running. ...
JMU’s new LNG ship christened
On October 16, Japan Marine United(JMU) announced a new LNG carrier, built by JMU and co-owned by Mitsui O.S.K. Lines (MOL; a 90% stake) and Tokyo LNG Tanker (a 10% stake), is christened at its yard. The ship, named as ENERGY LIBERTY, is a 165...
TCC orders VLCCs at HHI
Tai Chong Cheang Group (TCC Group) of Hong Kong recently ordered two VLCCs at Hyundai Heavy Industries (HHI) for deliveries in 2019. TCC Group is operating bulker and tanker fleets, and have recently ordered aframax crude carriers at Japanese ...
Rivertrace showcases products at Kormarine 2017
UK-based water quality monitoring expert Rivertrace announced on October 13 that it will be showcasing its Smart ODME and Smartsafe ORB products, during Kormarine. Rivertrace, an ISO9001 Quality-Assured Company and market leader with ove...
VARD run for three Coast Guard vessels
Vard Holdings Limited announced on October 13 that it has been invited to continue negotiations for the construction of three vessels for the Norwegian Coast Guard. The Norwegian Government had originally announced plans for the construction o...
Maersk Drilling secures contract extensions
Maersk Drilling announced on October 12 that it has been awarded two contract extensions in the North Sea. Both rigs have recently been re-activated to the North Sea from warm stacking. The estimated duration of the two extensions is 105 days. ...
Ocean Rig won new contract
Ocean Rig UDW Inc., an international contractor of offshore deepwater drilling services, announced on October 13 that it has signed a new drilling contract with Statoil, for a one-well drilling program offshore Tanzania. The contract is exp...
Skangas marks first STS LNG bunkering
Skangas announced on October 11 that for the first time, Skangas’ vessel Coralius both cooled down tanks and delivered liquefied natural gas (LNG) in one operation. The receiving vessel LEG/C Navigator Aurora was supplied with just under 500 mt...
YZJ won four capesize bulkers
Norwegian tycoon Roy Mosvold is understood to be ordering up to four capesize newbuildings at a Chinese yard. Mosvold Shipping appears to have teamed up with a Norwegian financial institution Pareto to secure capital for the project at Yangzij...
SHI-Cochin go nowhere
The technical cooperation project for the construction of LNG carriers between Samsung Heavy Industries (SHI) and Cochin Shipyard Limited (CSL) ended in smoke. According to local sources, GAIL (India), an Indian state-run gas company recently ...
2017 - 10
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