DSME stock trading resumed [Finance]
Trading of shares in Daewoo Shipbuilding & Marine Engineering on the local stock market is resumed in one year and three months. The Korea Exchange announced on October 26 that it has decided to allow the resumption of trading of Daewoo. ...
2017-10-27 09:21:59
SM KLC orders VLOC duo from HHI [Shipbuilding]
Hyundai Heavy Industries signed a deal worth about KRW 184.8bn (approximately $164m) with SM KLC (Korea Line Corporation) on October 26 for the construction of ships which will be used for a long-term (25 years) contract of affreightment (COA). ...
2017-10-27 09:06:49
PALFINGER MARINE bags massive crane deal [Offshore]
PALFINGER MARINE announced on October 25 that it is chosen as supplier of platform and nacelle cranes for the Trianel wind farm Borkum II. The wind farm, located in the North Sea approximately 40 km north of the island Borkum, consists of 32 Senv...
2017-10-27 07:13:53
US DOI announces largest lease ever [Offshore]
U.S. Secretary of the Interior Ryan Zinke announced on October 23 that the Department is proposing the largest oil and gas lease sale ever held in the United States --76,967,935 acres in federal waters of the Gulf of Mexico, offshore Texas, Louis...
2017-10-27 07:13:27
Nordic American Tankers get financing [Finance]
Nordic American Tankers Limited announced on october 24 that it has signed the main terms with a major international financial institution for the financing of the outstanding commitments, due on delivery, for the three Suezmax newbuildings to be...
2017-10-27 07:13:04
NOVATEK signs agreement with Kamchatka Government [General]
NOVATEK announced on October 23 that it has signed a Cooperation Agreement with the Kamchatka Territorial Government on building a sea terminal facility for reloading liquefied natural gas (LNG) at Kamchatka. The Cooperation Agreement was signed ...
2017-10-27 07:12:36
TechnipFMC reported third quarter results [General]
TechnipFMC announced on October 25 its third quarter 2017 results. Total Company net income was $121 million. Total Company revenue of $4,140.9 million was down 17.8 percent from the same quarter in the prior year, with adjusted EBITDA margin ...
2017-10-27 07:12:00
Wartsila shows strong order intake [Equipment]
Wartsila announced a summary of the company's Interim Report January-September 2017 on October 25. The complete report is attached to the release as a pdf-file (Interim report Q3 2017). It is also available at http://www.wartsilareports.com/en-US...
2017-10-27 07:11:14
MHI eyeing on Brodosplit yard [Shipbuilding]
Mitsubishi Heavy Industries (MHI) is expressing its interest in cooperation with Croatia’s Brodosplit Shipyard. Brodosplit Shipyard recently announced that staffs from MHI have visited the yard. The yard then explained undergoing or possible...
2017-10-27 07:10:18
CEOs discussed offshore business in Korea [Offshore]
As a keynote speaker, Yoo Chang-Keun, CEO of Hyundai Merchant Marine, said at 'CEO forum on offshore business' which was held on October 24 under the sponsorship of the Korean Economic Daily and Busan Metropolitan City, "The global offshore indus...
2017-10-27 07:09:57
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