Korea ranked No.2 in NB orders [Market Information]
While the growth of new order intakes in global shipbuilding industry slows down in January 2019, prices of vessels in which Korean shipyards have strength (including LNG carrier) continuingly rise.   According to Clarkson Research, ...
2019-02-15 16:58:05
CSL-Hartmann order more BC from China [Shipbuilding]
A 50:50 joint venture (JV), which was established by Canadian dry bulk shipping company CSL Group and Hartmann-led HJH Shipmanagement, seems to have exercised an option to construct a bulker at China.  After ordering 1+1 40,000 dwt bulker...
2019-02-15 16:47:10
Philippines expressed intention to buy HHIC-Phil [General]
The Philippine Government has officially expressed its intention to buy HHIC-Phil, Hanjin Heavy Industries and Construction’s shipyard in Subic. The authority is planning to acquire the yard for its Navy’s sake, it is understood. For start...
2019-02-15 16:46:07
ZPMC forms a new subsidiary in Fuzhou [General]
Shanghai Zhenhua Heavy Industries (ZPMC) is establishing a new subsidiary in Fuzhou, Fujian province, China. The new company, to be called ‘Zhenhua Heavy Industries Fuzhou Construction,’ would contribute to ZPMC’s expansion into the ocea...
2019-02-15 15:57:51
Sinokor behind HMD’s sextet this time [Shipbuilding]
Sinokor Merchant Marine is pointed out as the orderer behind six MR PCs recently ordered at Hyundai Mipo Dockyard (HMD). TradeWinds and sources told that Sinokor is the orderer of 4+2 50,000-dwt PCs HMD had announced on January 28. The reports...
2019-02-15 14:53:56
HHIC made a settlement with Philippines banks [Finance]
Hanjin Heavy Industries and Construction (HHIC) has made a settlement with banks in the Philippines in regard to its debts. HHIC announced that the company and creditor banks of HHIC-Phil have made a settlement on February 14 at Manila, Philip...
2019-02-15 13:22:53
Maersk builds compliant fuel facility in the US [Shipping]
A.P. Moller - Maersk and PBF Logistics LP (PBFX) announced an agreement for Maersk to source and PBFX to process crude oil at CPI Operations LLC, a PBF Logistics LP terminal facility in New Jersey, United States.  The agreement enables Ma...
2019-02-15 11:45:07
GTT to design SHI LNGC tank [Equipment]
GTT has received an order from Samsung Heavy Industries (SHI) concerning the tank design of a new 174,000 m3 LNG carrier, on behalf of the ship-owner Minerva Gas. GTT’s membrane containment system Mark III Flex+ has been selected for the des...
2019-02-15 11:20:56
First LNG-fueled icebreaker bunkered in Finland [Shipping]
The world’s first LNG-fueled icebreaker, Polaris, received liquefied natural gas (LNG) fuel in January from the Pori LNG import terminal and in February from the Manga LNG terminal located in the Röyttä Harbor in Tornio, Finland.  The co...
2019-02-15 10:48:36
DSME won an LNGC deal amid M&A [Photo News]
Daewoo Shipbuilding & Marine Engineering (DSME) has proved its competence in LNG carrier segment again amid M&A plays. DSME announced on February 15 that the company won a 174,000-cbm LNG carrier from Maran Gas Maritime under Angel...
2019-02-15 10:38:55
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