TMC to supply Utkilen compressors [Equipment]
TMC Compressors (TMC) has won a contract from AVIC Dingheng Shipbuilding Co., Ltd to supply environmentally friendly marine compressed air systems to two chemical tankers the yard is building for the Norwegian shipping company Utkilen AS.  ...
2017-08-04 07:42:49
ClassNK issues EU MRV to Iino Marine Service [Shipbuilding]
Leading classification society ClassNK has issued approval certification to Iino Marine Service Co., Ltd. on successful assessment of an EU MRV Monitoring Plan for its chemical tanker “CHEMROAD WING” as an EU MRV verifier on 28 July. The issu...
2017-08-04 07:39:18
Wartsila to supply engines for Chinese research vessels [Equipment]
The technology group Wärtsilä has been contracted to provide the main engines, retractable thrusters and exhaust cleaning equipment for two new research vessels being built for the China Ocean Mineral Resources R&D Association (COMRA). COMR...
2017-08-04 07:36:48
SCHOTTEL wins thrusters for dual fuel tug [Equipment]
Astilleros GONDAN has commissioned the first LNG-powered dual fuel tug ever built in Europe propelled by two powerful SCHOTTEL thrusters fitted with the new SDV45 nozzle. DUX, with 40.2 meters length and 16 meters beam, is the first tugboat of a ...
2017-08-04 07:33:52
Three new members join SEA/LNG [Shipping]
On August 1, SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, announced the addition of three new members to its coalition. Mitsui & Co., Ltd., NOVATEK ...
2017-08-04 07:31:23
Korea builds first LNG-fueled public ship [Shipbuilding]
LNG-fueled vessels are first introduced in public vessels owned and operated by the central and local governments in Korea. The Ministry of Oceans and Fisheries of Korea announced on August 3 that it plans to introduce a 150-ton class sea clea...
2017-08-04 07:27:40
ABG Shipyard bankruptcy proceedings approved [Finance]
Bankruptcy proceedings against ABG Shipyard were approved by the Ahmedabad bench of National Company Law Tribunal (NCLT). According to local reports, Justice Bikki Raveendra Babu admitted a plea filed by creditor ICICI Bank Ltd for initiating ...
2017-08-04 07:25:55
Cochin's IPO finished successfully [Finance]
The initial public offering (IPO) of India's largest state-run shipbuilder Cochin Shipyard Ltd (CSL) has been closed just two days after it commenced. According to industrial sources and India's local presses, the INR 14.68bn (around $229m) de...
2017-08-04 07:25:13
"Offshore plant industrial park is crucial" [Offshore]
Offshore plant industrial park in Geoje City, the first national industrial complex with private capital, is awaiting the final step of the government's approval. According to Geoje City, in May last year, a company named 'Geoje Offshore Plant...
2017-08-04 07:24:14
China builds cruise ship park in Shanghai [Shipbuilding]
Shanghai plans to spend $740m (CNY 5bn) on cruise ship park to house foreign firms that it hopes will help build China's first luxury passenger vessels. Firms who set up shop in the new zone could expect financing support from banks and recent...
2017-08-04 07:23:30
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