VLCC orders tripple in 1H [Market Information]
In the first half of this year, orders for Very Large Crude Carrier (VLCC) increased three times compared with the previous year's total order volume. It reflects shipbuilders' expectation that freight rates will improve until 2019. According ...
2017-07-14 17:11:01
DSME wins VLCC quartet [Photo News]
Daewoo Shipbuilding & Marine Engineering announced on July 14 that it won four new 318,000 dwt very large crude carriers (VLCCs) from Maran Tankers Management, a subsidiary of Angelicoussis Group.  ■ Caption: Chung Sung-Leep, CEO of...
2017-07-14 15:01:38
DSME wins VLCC quartet [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering announced on July 14 that it won four new 318,000 dwt very large crude carriers (VLCCs) from Maran Tankers Management, a subsidiary of Angelicoussis Group.  With dimensions of 336m in length an...
2017-07-14 10:05:57
Bureau Veritas launches ‘My BWMP’ [General]
As the Ballast Water Management (BWM) Convention’s D1 September 8th deadline looms, ship owners must secure International BWM Certificates and approved BWM plans for their ships. Bureau Veritas is addressing the challenge with a fast, effective...
2017-07-14 07:24:26
ClassNK issues compliance to a recycling facility in Turkey [Shipbuilding]
Leading classification society ClassNK (Chairman and President: Koichi Fujiwara) has issued a Statement of Compliance (SoC) to a ship recycling facility in Izmir, Turkey, ISIKSAN SHIP RECYCLING and TRADING Co. Ltd. (Company Manager: Ömer DOĞAN)...
2017-07-14 07:23:34
Royal Caribbean Cruises to install NAVTOR NavBox across enti... [Equipment]
​Royal Caribbean Cruises Ltd (RCC), a renowned global leader in the cruise segment, has signed a deal with NAVTOR to install the innovative NavBox solution across its entire corporate fleet of 49 vessels.  The deal, which spans the six ...
2017-07-14 07:21:41
ABS approves new MOSS-type LNG tank [Equipment]
ABS, a leading provider of classification and technical services to the marine and offshore industries, granted Approval in Principle (AIP) for a new MOSS-type LNG tank design concept developed by Japan’s Kawasaki Heavy Industries (KHI). “...
2017-07-14 07:20:08
BORR inks Letter of Commitment for Jack-up in Nigeria [Offshore]
BORR Drilling, in conjunction with the Nigerian partner company VALIANT ENERGY SERVICES WEST AFRICA LIMITED, has received a letter of commitment from TOTAL E&P NIGERIA LIMITED, for employment of its premium jack-up, FRIGG, announced BORR on J...
2017-07-14 07:19:32
Excelerate secures financing for Bangladesh’s 1st Floating... [Offshore]
Dhaka, Bangladesh – IFC, a member of the World Bank Group, and Excelerate Energy Bangladesh Limited (Excelerate) are co-developing the Moheshkhali Floating LNG project – Bangladesh’s first liquefied natural gas (LNG) import terminal. The pr...
2017-07-14 07:18:27
ABB completes acquisition of B&R [General]
ABB announced on July 6th that it has completed its acquisition of B&R (Bernecker + Rainer Industrie-Elektronik GmbH), the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factor...
2017-07-14 07:17:30
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