TMI to order bulker series [Shipbuilding]
One of the largest manganese producer, Ningxia Tianyuan Manganese Industry (TMI) of China, is understood to be planning to order massive bulker series at compatriot yards. According to foreign media, the company is planning to order over 20 un...
2017-11-28 14:43:34
NSU to order additional VLOC [Shipbuilding]
NS United Kaiun (NSU) of Japan announced on November 27 that it signed a contract of affreightment (COA) for a period of 25 years with Brazil's mining giant Vale. The deal, which is for transporting iron ore (40m tons) from Brazil to China, ...
2017-11-28 13:57:28
BW: interim consolidated financial information [Offshore]
BW recently published its Q3 results, which contains an optimistic view on FPSO newbuildings. FINANCIAL SUMMARY THIRD QUARTER Operating revenues for the quarter amounted to USD 152.7 million, a decrease of USD 10.7 million (USD 163.4 ...
2017-11-28 07:25:48
DNV GL grants AiP for Dreifa floating regas [Offshore]
DNV GL announced on November 24 that Dreifa Energy’s floating regasification unit concept (the “Dreifa FRU”) has been granted Approval in Principle (“AiP”) by DNV GL.   The Dreifa FRU consists of a regasification plant and associ...
2017-11-28 07:22:10
MPC CONTAINER SHIPS acquires Cido fleet [Shipping]
MPC Container Ships AS has announced on November 24 that it entered into a commitment to acquire a fleet of feeder container vessels with a total purchase price of USD 130 million. About MPC Container Ships AS: MPC Container Ships AS (ticke...
2017-11-28 07:20:45
VBMS develops resin-free hang-off [Equipment]
VBMS recently announced that it introduces a sustainable solution for fixing and sealing subsea cables in offshore structures by offering a hang-off that features fast (dis)assembly without the use of toxic resins. Until now, hang-offs were as...
2017-11-28 07:17:57
2020 favors larger players [Shipping]
While stringent global SOx regulation is ready for 2020, an analyst predicted that larger shipping companies will enjoy competitive edge from the regulations. IMO is planning to implement 0.5% sulphur cap by 2020, which is currently 3.5%. It w...
2017-11-28 07:16:47
Still foggy 2020 fuel availability [Shipping]
While IMO fixed 2020 as the year of global sulphur cap, owners seem to be worried out the availability of low sulphur fuel. Refiners are guaranteeing there will be enough supply, however, part of the market is expressing concern over shortage. ...
2017-11-28 07:15:58
MHI enters scrubber retrofit field [Equipment]
The Koyagi Plant of Mitsubishi Heavy Industries' (MHI's) Nagasaki Shipyard & Machinery Works is to carry out SOx scrubber retrofit works for the existing ships. Koyagi Plant will organize a system to conduct the retrofit works at its dock,...
2017-11-28 07:15:23
Novatek builds large shipyard in Russia [Shipbuilding]
A new large-sized shipyard called 'Kola Shipyard' is now under construction at the Port of Murmansk, Russia, with the goal of supplying processing equipment, etc. for liquefaction terminal located at the Port of Sabetta.  In addition, acc...
2017-11-28 07:14:37
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