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SM Line introducing Blockchain to sea
[Shipping]
Korean shipping company SM Line announced on November 7 that it completed a voyage of a vessel with ‘Blockchain technology.’ SM Line is a part of a consortium for the application of blockchain in marine logistics with Samsung SDS, and no...
2017-11-07 13:59:27
Korea-Russia join hands in shipbuilding·plant
[Shipbuilding]
The Ministry of Trade, Industry and Energy (MOTIE) of Korea has recently announced that the Korean government body and the Ministry of Industry and Trade of the Russian Federation (Minpromtorg) held the 8th committee meeting for industrial cooper...
2017-11-07 13:45:39
Wison-KBR Sign Memorandum on an FLNG Project
[Offshore]
Wison Offshore & Marine announced on November 2 that it has signed a memorandum with KBR, Inc. for cooperation on a 1.5 MPTA Floating LNG liquefaction unit in Southeast Asia. Both parties will associate and collaborate with each othe...
2017-11-07 07:13:27
Wärtsilä supplies silent propulsion for research vessel
[Equipment]
The technology group Wärtsilä announced on October 31 that it will supply an ultra-silent propulsion package for a new research vessel to be built for the Faroe Islands Marine Research Institute, a Faroese Government organisation. The solution ...
2017-11-07 07:13:07
DOF catches IMR deal
[Offshore]
DOF Subsea announced on November 1 that it has been awarded several contracts, securing utilisation for several vessels in the Subsea IMR Projects segment. In the Atlantic region, DOF Subsea has been awarded a contract within wind indust...
2017-11-07 07:12:46
WWEA-IWSA to promote wind shipping
[Shipping]
The World Wind Energy Association (WWEA) announced on November 2 a key strategic partnership with the International Windship Association (IWSA) in order to further promote the uptake of wind technology by the global shipping fleet. WWEA is a n...
2017-11-07 07:12:27
NOVATEK-CNPC signed cooperation agreement
[General]
PAO NOVATEK announced on November 1 that it signed a Strategic Cooperation Agreement with the Chinese National Petroleum Company (CNPC). The strategic cooperation agreement confirms the parties’ intentions to cooperate in implementing the Ar...
2017-11-07 07:12:06
Aker develops unmanned FPSO concept
[Offshore]
Aker Solutions turned out to have developed unmanned Floating Production Storage and Offloading (FPSO) unit. If the Norwegian oil service company bears fruit in the project, it is expected that resource development costs will decrease considerabl...
2017-11-07 07:11:48
MES wins two NBs only
[Shipbuilding]
Mitsui Engineering & Shipbuilding (MES) of Japan released its results for the first half of fiscal year (FY) 2017 on October 31. From April to September this year, MES' Ship Division posted net sales of JPY 59.41bn (about $516m), down by 3...
2017-11-07 07:11:31
HMM-KMI to deal with shipping rules
[Shipping]
Hyundai Merchant Marine (HMM) and the Korea Maritime Institute (KMI) made a business agreement on November 3 for mutual R&D collaboration. A signing ceremony for the agreement was held on the day at an office building of HMM, Jongno-gu, Se...
2017-11-07 07:11:13
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