SHI completes world's largest FLNG [Photo News]
Samsung Heavy Industries has started the sail-away of the world's largest offshore plant. In June 2011, along with France's Technip, the shipyard clinched a $3.4bn deal from Shell to build the floating LNG production facility, named Prelude FL...
2017-06-30 08:21:01
ExxonMobil, Eagle LNG Partners LLC and Crowley Sign LNG Coll... [Offshore]
ExxonMobil announced on June 28 that the company signed an agreement with Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley to collaborate on the development of LNG as a marine fuel.  The goal is to establish the storage and technic...
2017-06-29 21:27:37
MacGregor-ESL to develop autonomous crane [Equipment]
MacGregor, part of Cargotec, and ESL Shipping Oy, part of Aspo Plc, have agreed to jointly develop and test an autonomous discharging feature on MacGregor bulk handling cranes. It is designed to offer safety and efficiency advances. The cranes wi...
2017-06-29 21:26:04
Keppel nets four conversion deals [Shipbuilding]
It turned out that Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), won four contracts worth a total of S$85 million for the conversion, repair and modification of v...
2017-06-29 21:25:19
ONGC hires Vantage's drillship [Offshore]
Vantage Drilling International ("Vantage" or the "Company"), announced on June 27 that its ultra-deepwater drillship, the Platinum Explorer, has received a letter of award for a three year contract from Oil and Natural Gas Company (ONGC). The Pla...
2017-06-29 21:24:29
BWM Convention to be decided at MEPC 71 [Equipment]
Delegates at the IMO’s Marine Environment Protection Committee 71, due to gather in London during the first week of July, may well have the last chance to ensure that the long-delayed Ballast Water Convention is implemented, as intended, in an ...
2017-06-29 21:23:52
TMC wins compressors from MV WERFTEN [Equipment]
TMC Compressors (TMC) announced on June 28 that the international marine compressor supplier has won a contract from MV WERFTEN to supply a complete compressed air system to two cruise ships the German shipyard group is building for Genting Hong ...
2017-06-29 21:23:00
"Mid-size shipbuilders are not expendable" [Shipbuilding]
Desperate mid-size shipbuilders in Korea asked the government for revival plan. Korean Metal Workers' Union (KMWU) in a rally in front of the Blue House on June 28 declared that the demise of shipbuilding industry will devastate the whole econ...
2017-06-29 21:21:20
HHIC wins $263m naval ships [Shipbuilding]
Hanjin Heavy Industries & Construction signed KRW 300bn ($263m) newbuilding contracts with Defense Acquisition Program Administration (DAPA) of Korea for special purpose vessels in defense area on June 28.  First of all, Hanjin releas...
2017-06-29 21:20:22
Banks reluctant to issue RG for small yards [Finance]
Small and Medium size shipyard in Korea are still having problems getting RG issuance from the financial sector.  Banks seem to have halted RG issuance this year for small and mid-sized shipbuilders, who are already standing on the edge o...
2017-06-29 21:19:43
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