Global orderbook decline 17% y-t-d [Market Information]
Global shipbuilders' orderbook totaled 3,156 vessels and 186.40m dwt (76.20m cgt) as of the end of May, 2017, which is a decline of 17% compared to the early this year. The 40% of the orderbook is expected to be delivered within this year. Acc...
2017-06-23 17:19:59
VLCC contracts gaining ground [Market Information]
The condition of global shipbuilding market is still sluggish even though it is picking up slightly compared to a historic recession in 2016. In this situation, contracting activities in very large crude carrier (VLCC) sector is significantly gai...
2017-06-23 17:18:15
China NB orders fall 31% Jan-May [Market Information]
Newbuilding orders awarded at Chinese shipbuilding industry in January - May 2017 fell by 31% year-on-year to 9.86m dwt. However, in May, the shipbuilders saw a year-on-year increase of 400% to 3.20m dwt.  According to CANSI data, newbuil...
2017-06-23 17:16:50
Japan wins 9 newbuildings in May [Market Information]
Japanese shipbuilders recorded only nine newbuildings (326,050gt) for export in May, up 12% year-on-year.  According to the Japan Ship Exporters' Association (JSEA), Japanese shipbuilders won a total of 9 newbuildings (326,050gt) for expo...
2017-06-23 17:15:16
Delfin-Golar agree to develop Delfin LNG project [Offshore]
Delfin Midstream ("Delfin"), and Golar LNG Limited ("Golar"), announced on June 21 that they have signed a Joint Development Agreement to develop the Delfin LNG project ("Delfin LNG"), off the coast of Cameron Parish, Lousiana utilising Golar's...
2017-06-23 07:54:30
Teekay’s 1st LNGC completes sea trials [Shipbuilding]
Teekay announced on June 20 that Pan Asia has successfully completed sea trials off the east coast of Shanghai in the East China sea. Pan Asia is the first of four 174,000 cubic meter Tri-Fuel Diesel Electric (TFDE) liquefied natural gas (LNG) ca...
2017-06-23 07:51:37
ABS issues AIP for Chiyoda’s FSRU concept [Offshore]
ABS announced on June 20 that the company has granted Approval in Principle (AIP) for a floating LNG power plant and Floating Storage and Regasification Unit (FSRU) design concept developed by Japan’s Chiyoda Corporation, “As the energy mi...
2017-06-23 07:49:10
Combi Lift clinches deal for major Russian project [Shipping]
The Linde Group chose German heavy lift expert Combi Lift as its logistics partner for oversized and heavy lift cargo for the Gazprom Amur Gas Processing Plant Project. The entire scope involves transporting over 176,000 freight tonnes of cargo, ...
2017-06-23 07:46:51
Vard starts keel laying of expedition vessel [Shipbuilding]
It turend out that the next construction stage of HANSEATIC nature, the first of two expedition new-builds, has begun with the keel laying. At the VARD shipyard in Tulcea, Romania, Karl J. Pojer, CEO of Hapag-Lloyd Cruises, placed a coin inside t...
2017-06-23 07:45:06
DNV GL nets new verification service deal [Offshore]
DNV GL announced on June 21 that it has won a major contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra Field, offshore Denmark. The Tyra field in the Danish North Sea has been at the centre of De...
2017-06-23 07:42:24
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