"HMD will see another solid year“ [Shipbuilding]
Hyundai Heavy Industries (HHI) at its Q3 earnings release on October 31 stated that Hyundai Mipo Dockyard (HMD), one of its shipbuilding bodies, will “remain solidly profitable in 2018, with a possible slight downtrend.” “HMD, with its h...
2017-11-01 14:18:25
HHI triplet bags $10bn [Shipbuilding]
Hyundai Heavy Industries (HHI) predicted at its Q3 earnings release on October 31 that its three shipbuilding bodies including HHI, Hyundai Samho Heavy Industries (HSHI), and Hyundai Mipo Dockyard (HMD) will bag up to $10bn of orders this year. ...
2017-11-01 14:03:44
Aker Solutions Strengthens LNG Capabilities [General]
Aker Solutions recently announced that it is bolstering its liquefied natural gas capabilities to capitalize on an expected surge in global demand for the fuel as energy companies transition to a low-carbon future. Aker Solutions has hired fou...
2017-11-01 07:22:40
Large Iranian presence confirmed at Europort 2017 [General]
Europort announced on October 30 that this year’s Europort exhibition, which takes place at Rotterdam Ahoy from November 7th-10th, will have a significant presence from Iran, one of the fastest growing markets in the maritime sector. A total of...
2017-11-01 07:20:51
Helm CONNECT helps Ivy Marine get certificate [Equipment]
Leading maritime software developer, Helm Operations, announced on October 30 that it assisted Ivy Marine, LLC obtain their SUB M TSMS Certification. Ivy Marine, LLC, a two-towboat company out of Mobile, AL is now the third and smallest company i...
2017-11-01 07:16:33
SPT presents new kind of pile foundation [Offshore]
SPT Offshore announced on October 30 that it launches its new wind turbine suction pile foundation concept. The concept combines the advantages of inexpensive mono tubulars with the fast installed suction pile foundation. In between the three ...
2017-11-01 07:16:07
Shell winning pre-salt blocks in Brazil [Offshore]
Royal Dutch Shell plc announced on October 27 that the company and its partners won three, 35-year production sharing contracts for pre-salt blocks located in the Santos Basin, offshore Brazil. Shell will pay its share of the total signing bonuse...
2017-11-01 07:15:37
SPB featuring LNG ships delayed [Equipment]
Delivery of a new LNG carrier built by Japan Marine United (JMU) and owned by Mitsui O.S.K. Lines (MOL, a 90% stake) and Tokyo LNG Tanker (10%) seems to be delayed. The 165,000cbm LNG ship named Energy Liberty in October was originally planned...
2017-11-01 07:15:14
DSME explains about 'exchange loss' report [Finance]
The Seoul Economic Daily that reported on October 31, 'The Korea Development Bank (KDB) has made exchange losses of about KRW 300bn (approximately $267.6m) for the last three years after dealing with foreign exchange trades for Daewoo Shipbuildin...
2017-11-01 07:14:54
BP narrowing FEED partner for Tortue [Offshore]
Oil major BP recently drew up a shortlist for its $5.8bn Tortue project’s FPSO. According to foreign media, the list seems to include Hyundai-KBR, Samsung Heavy Industries, MODEC-SBM Offshore and Sembcorp Marine, while some say TechnipFMC an...
2017-11-01 07:14:29
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