Idle boxship capacity decreases sharply [Market Information]
It emerged that the capacity of idle containership has sharply been lowered against a backdrop of rising charter rates for containership. The UK ship broker Affinity Research has recently conveyed that the idle list has been reduced by 0.1m te...
2017-04-14 17:37:57
Japanese export ship orders surge [Market Information]
Japanese shipbuilders have been successful in winning new orders for two-digit number of export vessels in March this year that it is said the Japanese shipbuilding industry hit the bottom. It turns out that they have exceeded 1 million tons (GT)...
2017-04-14 17:36:18
"VLCC order tally passes 2016 total" [Market Information]
JP Morgan has raised a warning that the amount of VLCCs ordered this year has already exceeded the total newbuilding orders in 2016. According to JP Morgan, as Daewoo Shipbuilding & Marine Engineering has recently won orders for three VLCC...
2017-04-14 17:34:39
Clarkson lowered its forecast of new order intakes [Market Information]
Clarkson Research has recently lowered its forecast for new ship orders which will be placed from 2018. Compared to the previous prospect presented last September that the global shipbuilding industry will enter a improved situation constantly fr...
2017-04-14 17:33:35
Alfa Laval to optimize PureSOx performance [Equipment]
It turned out that leading Finnish shipping operator Finnlines, part of the Grimaldi Group, has placed a service order with Alfa Laval to optimize the performance of its existing Alfa Laval PureSOx scrubber systems. The Performance Agreement was ta...
2017-04-14 07:41:00
Wartsila to power world's 1st LNG-fueled cutter dredger [Equipment]
It turned out that the technology group Wärtsilä has been contracted to supply a comprehensive package of engines and propulsion machinery for a new Cutter Suction Dredger (CSD) vessel. When delivered, the ‘Spartacus’, which is being built ...
2017-04-14 07:30:52
MOL receives world's largest boxship [Shipbuilding]
Mitsui O.S.K. Lines, Ltd. (MOL) announced on April 12 that the MOL Triumph, the world's largest containership with a carrying capacity of 20,170 TEU, successfully arrived at Yangshan Port in Shanghai on April 10. MOL took delivery of MOL Trium...
2017-04-14 07:28:22
Vittoria Shipyard bags two new vessels [Shipbuilding]
Vittoria Shipyard has recently conveyed that it has laid down the challenge to the international tug market with orders from the Russian and Algerian governments for a total value of 15 million Euros. In the case of Russia, which is known arou...
2017-04-14 07:25:18
Fugro joins hands with Ground Structures [Offshore]
Fugro is to boost its marine site characterisation services for the oil and gas industry in the Republic of Guyana with a new strategic alliance with Ground Structures Engineering Consultants Ltd. The new relationship will facilitate training for...
2017-04-14 07:21:58
Subsea UK to hold sessions at Subsea Malaysia [General]
Subsea UK is hosting a series of lunchtime sessions at Subsea Malaysia which will run alongside Oil and Gas Asia in Kuala Lumpur from 11-13 July. This free-to-attend format, which was held successfully two years ago, will include a whisky tast...
2017-04-14 07:19:02
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