Transocean to take over Songa Offshore [Finance]
It turned out that Transocean Ltd. ("Transocean" or the “Company”) (NYSE:RIG) has reached an agreement with Songa Offshore SE (“Songa Offshore”) whereby it will, subject to certain conditions, make a Voluntary Exchange Offer (the “Offer...
2017-08-17 07:39:27
ABB's software applied to Stena Line vessel [Equipment]
A significantly upgraded vessel control software package from ABB is delivering the measurable operational efficiency gains promised to Stena Line for the freight ferry Stena Scotia within a month of commissioning.   The ‘DEGO IV’ adv...
2017-08-17 07:38:00
Oceanology issues line-up of speakers [General]
Oceanology International 2018, the world’s premier event for marine science and ocean technology, has issued a public call for abstracts by Friday 15 September 2017 for the opportunity of inclusion in its prestigious technical conference progra...
2017-08-17 07:35:48
HHLA posts significant y-o-y growth [Finance]
Hamburger Hafen und Logistik AG (HHLA) recorded significant year-on-year growth in its key performance indicators in the first half of 2017. Group revenue rose by almost 9 percent to € 622.8 million. While the Group’s operating result (EBIT) ...
2017-08-17 07:30:44
Wartsila to power new fishing trawler duo [Equipment]
The technology group Wärtsilä has been contracted to provide the engines and the complete propulsion package, including the propulsion control system for two new fishing trawlers being built for Murmansk, Russia based Nord Pilgrim Ltd. The ship...
2017-08-17 07:27:40
Kongsberg supplies USV-AUV control system [Equipment]
K-MATE, an autonomous surface vehicle control system, the latest marine robotics innovation from KONGSBERG, is to be integrated with SEA-KIT, a new class of Maritime Autonomous Surface Vessel being built by UK manufacturer, Hushcraft, and operate...
2017-08-17 07:25:58
Shanhaiguan cancels jack-up drilling rig [Offshore]
A contract to build a new jack-up rig for Singapore company Falcon Energy has been terminated.  CSIC-affiliated Shanhaiguan Shipbuilding Industry has terminated a contract for one of four jackup drilling rigs ordered by Singapore's Falcon...
2017-08-17 07:23:08
Jinhai to diversify its businesses [Shipbuilding]
Jinhai Heavy Industry has recently changed its name and announced a plan to diversify the company's businesses. According to a foreign press, the Chinese shipbuilder's name changed to 'Jinhai Smart Manufacturing Company' and it plans to move i...
2017-08-17 07:22:34
KSA demands increase in Korean flag ships [Shipping]
The Korea Shipowners' Association (KSA) has prompted the Ministry of Strategy and Finance (KSF) of Korea to reform the system for its five compatriot power generation units to increase their LNG transports with the use of Korean flag ships. ...
2017-08-17 07:21:46
Dongkuk to increase plate price [Equipment]
Dongkuk Steel Mill of Korea posted sales of KRW 1.3943trn and operating profit of KRW 42.8bn in the second quarter of this year that sales grew 19.6% YoY, while operating profit plummeted 56.8% YoY. The deteriorated profit is said to be attributa...
2017-08-17 07:20:42
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