GTT to design LNG tank for Korean yard [Equipment]
GTT announced on January 3 that it received at the end of 2017 an order from a South Korean shipyard regarding the design of the LNG tanks of a new LNG carrier. Its delivery is scheduled for the first quarter of 2020. GTT will design the LNG t...
2018-01-05 07:17:03
Royal IHC acquires KCI from Oceanteam [General]
Oceanteam ASA (Oceanteam), the Dutch – Norwegian offshore service provider, listed at the Oslo stock exchange, and Royal IHC (IHC), a Dutch privately owned global supplier of innovative and efficient equipment, vessels and sustainable services ...
2018-01-05 07:16:25
Maersk Drilling awarded Tullow Ghana [Offshore]
Maersk Drilling announced on January 2 that it has been awarded a four year contract for the deep-water drillship Maersk Venturer by Tullow Ghana Ltd. The contract, which was signed December 2017, is expected to commence in February 2018 and c...
2018-01-05 07:16:04
MOL CEO Ikeda's 2018 New Year Message [Shipping]
The following "2018 New Year Message" was addressed on January 4 to all MOL officers and employees by President & CEO Junichiro Ikeda. 2017 in Review First, a quick look back. 2017 was a year of resurgent growth in global trade, supported...
2018-01-05 07:15:40
BAE Systems wins multple US Navy deal [Shipbuilding]
BAE announced on January 3 that it is awarded a multiple modernization deal from US Navy.  First, BAE Systems has received a $41.6 million contract from the U.S. Navy to modernize the guided missile destroyer USS Oscar Austin (DDG 79). T...
2018-01-05 07:14:02
COMEC wins domestic tanker trio, again [Shipbuilding]
Chinese tanker owner/operator Shanghai North Sea Shipping has reportedly ordered three new tankers at a domestic shipyard. According to foreign media and industry sources, the shipowner turns out to have inked three 69,000-dwt tankers from CSS...
2018-01-05 07:13:37
Tianjin Xingang won a ferry [Shipbuilding]
COSCO Qingdao, a Chinese state-run shipping company seems to be poised to enter passenger ship business, ordering a Ro-Pax ferry. The company is understood to have ordered a 14,000gt ferry which can accommodate 700 passengers at Tianjin Xingan...
2018-01-05 07:12:56
HPWS won four Greek boxships. [Shipbuilding]
CSSC affiliated Huangpu Wenchong Shipbuilding Company (HPWS) is understood to be awarded four new containerships from Cape Shipping, a Greek shipping company. Foreign media reported that two parties agreed to build two 2,700teu feeders and ano...
2018-01-05 07:12:21
Challenges left for autonomous shipping [Shipping]
A recent report from Clyde & Co, a global law firm and Institute of Marine Engineering, Science & Technology (IMarEST) suggests that there are still a lot of challenges to overcome for the autonomous shipping to become a real game changer...
2018-01-05 07:11:51
STX "to lead mid-sized segment" [Shipbuilding]
STX O&S CEO Jang Yoon-geun, through New Year address, set ‘survival’ the first priority and presented three core strategy for the goal. “To enhance our safety awareness, we will strengthen related teams with expert knowledge. We will...
2018-01-05 07:10:34
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