SBM Offshore awarded turnkey contract for Johan Castberg [Offshore]
SBM Offshore announced on December 6 that the Company has been awarded the contract and received the corresponding notice from Statoil to proceed with the engineering, procurement, construction (EPC) work scope for a large-scale turret mooring sy...
2017-12-08 07:30:02
Sembcorp Marine wins Statoil contract [Offshore]
Sembcorp Marine Ltd (the “Group”) announced on December 6 that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has secured a US$490 million contract from Statoil Petroleum AS (“Statoil”) on the turnkey Engine...
2017-12-08 07:29:11
Wärtsilä Electrical and Automation JV now fully operationa [General]
The technology group Wärtsilä announced on December 6 that it has announced the opening of CSSC Wartsila Electrical & Automation (Shanghai) Co. Ltd.(CWE&A), the joint venture company with China State Shipbuilding Corporation (CSSC). The...
2017-12-08 07:28:28
GE-DSIC develop gas turbine design [Equipment]
GE announced on December 5 that GE’s Marine Solutions and Dalian Shipbuilding Industry Co. Ltd. (DSIC) completed a preliminary design for the conversion of a steam turbine powered LNG Carrier (LNGC) to a gas turbine-based propulsion system. The...
2017-12-08 07:27:35
GE/Hudong-Zhonghua Receive AiP for LNG Power Supply Vessel [Equipment]
GE announced on December 5 that GE’s Marine Solutions and Hudong-Zhonghua Shipbuilding Company (HZ) report they have received Approval in Principle (AiP) from ABS for their jointly developed design of a 100 MW LNG power supply vessel. The s...
2017-12-08 07:24:04
GTT strengthens its service with the acquisition of Ascenz [Equipment]
GTT announces on December 6 the acquisition of 75% of the share capital of Ascenz from Chia Yoong Hui and Sia Teck Chong, its two executive founders, and from several investment funds. Based in Singapore and specialized in “Smart Shipping”, t...
2017-12-08 07:22:54
MOL earn AIP for LNG-powered coal carrier [Shipping]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced on December 6 that MOL, Tohoku Electric Power Co., Inc. (President: Hiroya Harada; Headquarters: Sendai-shi, Miyagi Prefecture), and Namura Shipbuilding Co., Ltd. (Pr...
2017-12-08 07:21:28
DNV GL awards DSIC a pair of AiP certificates [Shipbuilding]
DNV GL announced on December 6 that Dalian Shipbuilding Industry Co. Ltd. (DSIC) has received Approval in Principle (AiP) certificates from classification society DNV GL for a new shuttle tanker and a column stabilized crane unit designs. The cer...
2017-12-08 07:19:38
"2018, still too narrow for too many ships" [Shipping]
Oversupply seems to be haunting 2018 too, according to a major credit rating agency. Fitch Ratings, one of three the global major credit rating agencies, predicted that 2018 will see little improvement because of continuous oversupply. Ther...
2017-12-08 07:18:21
China delivers world's 1st smart ship [Shipbuilding]
The world's first smart ship, which had been built in China, turns out to have set sail officially. China State Shipbuilding Corporation (CSSC) delivered 38,800 dwt smart cargo ship 'Great Intelligence' to Sinotrans Shipping from Shanghai, Chi...
2017-12-08 07:16:59
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