Iran wants brand new fleet [Shipbuilding]
The shipbuilding industry is vibrating with expectation for newbuilding waves from Iran, which is planning to renew its old fleet. AzerNews reported on October 17 citing an official from Islamic Republic of Iran Shipping Lines (IRISL) that “...
2017-10-18 15:45:51
Will DSME win Battle of Barents sea? [Offshore]
Industry sees that there is a high chance for Daewoo Shipbuilding & Marine Engineering (DSME) to win a contract war for Statoil’s Johan Castberg field development in the Barents Sea, for which the energy major is expected to order phase 1 p...
2017-10-18 14:34:54
M&A bid for STX rejected [Finance]
STX Heavy Industries announced on October 17 that a M&A tender for the company has been rejected, resulting from the failure of finding a preferred bidder. The Korean shipbuilder noted, "We plan to carry out the sale again." STX's reh...
2017-10-18 13:52:47
Bakker Sliedrecht to pack Orion [Equipment]
Bakker Sliedrecht announced on October 16 that it has been awarded a contract for the engineering, delivery, and commissioning of the main electrical power package of the offshore installation vessel Orion.  The DP3 vessel will feature an...
2017-10-18 07:14:20
Emerson launches new controller [Equipment]
Emerson recently announced that it is launching the DeltaV™ PK Controller, making the advanced automation of its DeltaV™ distributed control system (DCS) available to fast-growth industries traditionally less reliant on large-scale automation...
2017-10-18 07:13:06
DNV GL tears down paper mountains [Shipping]
In a historic first for the ship classification industry, DNV GL announced on October 16 that it has commenced the roll out of IMO compliant electronic class and statutory certificates across its entire fleet. The widespread use of electronic cer...
2017-10-18 07:12:41
MES Technoservice works for MOL [Equipment]
A subsidiary of Mitsui Engineering & Shipbuilding Co., Ltd. (“MES”, President: Mr. Takao Tanaka); MES Technoservice Co., Ltd. (“STS”, President: Mr. Hiroshi Suzuki) announced on October 12 that it concluded a 20-year contract with MOL...
2017-10-18 07:11:54
BW hit by cyber attack last July [General]
While there is growing concern about cyber attacks in global shipping industry, with Denmark's A.P. Moller-Maersk hit by the global Petya cyber attack last summer, BW Group of Singapore also turns out to have been attacked by hacker. According...
2017-10-18 07:11:27
Busan to install power supply facility for boxship [General]
The Busan Port Authority (BPA) has recently announced that it is planning a project to demonstrate facility that supplies containership with electric power from land for the first time in Korea.  The facility shuts off exhaust gas from ma...
2017-10-18 07:10:42
Only one participated in STX bid [General]
Pine Tree Investment & Management, a Korean investing firm, is likely to become a new owner of STX Heavy Industries that filed for a court receivership in July last year.  According to sources in Korean investment bank industry, Pin...
2017-10-18 07:10:00
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