1Q NB order intakes poorer year on year [Market Information]
In the first three months of 2017, there have been newbuilding contracts for ships of a combined 4.95m gt reported placed globally, down by 30% year-on-year. It represents poorer results than even 2016 when the worst order intakes ever were recor...
2017-06-02 17:11:36
Prices of main ship types rebounded [Market Information]
After a severe order drought, the condition of Korean shipbuilding industry is starting to show signs of recovery on the strength of the rising prices of main ship types.   After an increase in bulker prices last month, according to Clark...
2017-06-02 17:10:00
SHI scores $2.5bn Coral FLNG [Photo News]
Samsung Heavy Industries has landed a $2.5bn order to build a floating LNG (FLNG) unit for the Coral FLNG project off Mozambique, the Korean shipbuilder said on June 2. Featuring a length of 439m, a width of 65m with a 38.5m height, the facili...
2017-06-02 10:36:39
SHI scores $2.5bn Coral FLNG [Offshore]
Samsung Heavy Industries has landed a $2.5bn order to build a floating LNG (FLNG) unit for the Coral FLNG project off Mozambique, the Korean shipbuilder said on June 2. Featuring a length of 439m, a width of 65m with a 38.5m height, the fa...
2017-06-02 09:22:27
Trafigura orders 22 firm tankers [Shipbuilding]
Trafigura Group Pte Ltd (“Trafigura”), one of the world’s leading independent commodity trading companies, announced on June 1 that it supports for an order of up to 32 new build crude oil and product tankers which will be built in both Kor...
2017-06-02 08:00:19
Wartsila updates monitoring system [Equipment]
Eniram, a Wärtsilä company, has introduced a major update to its performance monitoring system targeted at commercial shipping operators. The Eniram SkyLight 2.0 adds nautical maps, weather layers, and route importation to make predictive analy...
2017-06-02 07:43:50
RS updates Condition Assessment Program [Shipping]
Russian Maritime Register of Shipping (RS) has published the updated Recommendations on Condition Assessment Program (CAP). A new version of the Recommendations contains the detailed description of the assessment criteria of all components of ...
2017-06-02 07:42:02
Cable laying vessel featuring ABB wins award [Equipment]
The most advanced cable laying vessel on the seas, featuring a wide range of ABB hardware and software, has been crowned ‘Ship of the Year’ by a prestigious maritime publication.  NKT Victoria was given the accolade by Skipsrevyen at Nor...
2017-06-02 07:40:28
Inmarsat offers risk assessment [Equipment]
Inmarsat (LSE: ISAT.L) announced on May 30 that it is giving its full backing to a new joint working group formed by the International Association of Classification Societies (IACS) to develop a coordinated position on cybercrime and its preventi...
2017-06-02 07:36:44
SCHOTTEL to provide propeller for eight ferries [Equipment]
It turned out that SCHOTTEL has been selected to fit eight newly-built ferries with the new SCHOTTEL Rudder EcoPeller (SRE®, EcoPeller®) for two of Norway’s leading ferry lines. In close cooperation with the customers and Multi Maritime, the ...
2017-06-02 07:34:06
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