St Petersburg committed to major bunkering upgrade [Shipping]
Record cruise passenger numbers through the Port of St Petersburg this summer show why Russia’s only seaport with specialised passenger terminals is also committed to a major bunkering upgrade before the end of 2017, to make sure the big luxury...
2017-07-11 07:30:36
Karpowership orders engines from MAN [Equipment]
The Turkish energy company Karpowership has placed an order for a total of 38 engines of the type MAN 51/60. 18 of the units will be multi-fuel engines, which can be run on gas or liquid fuel. Another 20 are pure gas engines, including the MAN 18...
2017-07-11 07:28:25
GeoSea takes over A2SEA [Offshore]
DONG Energy and Siemens have recently signed an agreement with Belgian GeoSea stating that GeoSea will acquire the full ownership of A2SEA. A2SEA will continue to operate out of Denmark with offshore wind turbine service and installation. DONG...
2017-07-11 07:27:11
Ocean Installer nets subsea installation deal [Offshore]
The award is part of Statoil’s Marine Wave 2 program and means that Ocean Installer will continue playing a key role in the Johan Sverdrup subsea works, initiated under the Marine Wave 1 umbrella. The complete work scope encompasses umbilical i...
2017-07-11 07:25:52
COSCO-SIPG offer to acquire OOIL [Finance]
COSCO SHIPPING Holdings Co. Ltd. (“COSCO SHIPPING Holdings”), a majority owned subsidiary of China COSCO SHIPPING Corporation Ltd, Shanghai International Port (Group) Co., Ltd (“SIPG”) and Orient Overseas (International) Limited ("OOIL") ...
2017-07-11 07:24:28
Yinson eyeing to add more FPSOs [Offshore]
Yinson Holdings Berhad, a Malaysian Floating, Production, Storage and Offloading  (FPSO & FSO) service provider, turns out to have planned to add a number of FPSO projects.   CEO Lim Chern Yuan has recently announced through an i...
2017-07-11 07:20:49
Maersk system shutdown cost $50m [Shipping]
It is estimated that a cyber attack that hit A.P. Moller-Maersk recently might cost over $50m.  The estimate from Alphaliner is based on the cargo that was diverted to other carriers on June 27 after the Danish carrier was forced to shut ...
2017-07-11 07:19:26
Highest level of cyber security 'essential' [Shipping]
Recently, ransomware 'Petya' attacks have caught the attention of cyber security in the global shipping industry and an expert suggested that addressing risks at the highest level is essential for future resilience. Mike Edgerton, vice-preside...
2017-07-11 07:18:29
HHI establishes disaster restoration center [General]
IBM Korea announced on July 10 that Hyundai Heavy Industries has established a disaster restoration center. After a 5.8 magnitude earthquake struck Gyeongju City and Ulsan Metropolitan City of Korea last September, Hyundai selected IBM as a pa...
2017-07-11 07:17:02
Busan equipment providers to enter Russia [Equipment]
While some says that Russian economy hit the skids with shipbuilding and offshore plant equipment industry as the center, equipment providers in Busan Metropolitan City of Korea are actively seeking new export markets in Russia.  Accordin...
2017-07-11 07:16:25
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