Sevan nets Shell Penguins field redevelopment [Offshore]
Shell has announced the final investment decision for the Penguins field redevelopment project in the UK sector. Sevan announced on January 15 that the decision includes the construction of a new-build Sevan Marine designed cylindrical FPSO. W...
2018-01-17 07:13:48
Shell announces redevelopment of Penguins field [Offshore]
Royal Dutch Shell plc (Shell) announced on January 15 a final investment decision on the redevelopment of the Penguins oil and gas field in the UK North Sea. The decision authorises the construction of a floating production, storage and offloa...
2018-01-17 07:13:24
Kongsberg simulators approved by DNV GL [Equipment]
Kongsberg Digital announced on January 15 that it has received DNV-GL statements of compliance for two of its newest Engine Room Simulator models designed to provide in-depth training on the K-Sim Engine simulator platform. The DNV GL-ST-033 Marc...
2018-01-17 07:13:00
Crowley to build new ATB [Shipping]
Crowley Fuels LLC announced on January 15 that it has signed a construction contract with Bollinger Shipyards to build a new Alaska Class 100,000-barrel-capacity articulated tug-barge (ATB) to transport multiple clean petroleum products in the Al...
2018-01-17 07:12:15
MOL acquires seafarers manning company in Europe [Shipping]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced on January 15 that MOL acquired 100% of the issued shares of Azalea Maritime B.V. on December 21st, 2017. And Azalea Maritime B.V. changed its name to "MOL Maritime (...
2018-01-17 07:11:50
Japan yields backyard to China? [Shipbuilding]
Japanese yards, once dominated bulker and stainless steel chemical tanker market, is seeing their dominance eroded by Chinese challenge. According to IHS Markit’s data, Chinese players are narrowing the gap with Japanese opponents. In 2015, ...
2018-01-17 07:11:28
Total selects final candidates for LNG BV [Offshore]
In a bid opened now by French energy major Total for building and chartering a 18,600 cbm LNG bunker vessel (LNGBV), three of the eight candidates have been shortlisted at the end of 2017. According to industrial sources and foreign presses, t...
2018-01-17 07:11:06
NACKS wins BCs for European owners [Shipbuilding]
Nantong COSCO KHI Ship Engineering (NACKS) turns out to have won multiple bulker newbuildings from European shipowners.  The joint venture shipbuilding enterprise between China and Japan has won four 61,000 dwt Ultramax vessels from Yasa ...
2018-01-17 07:10:44
DSME has trouble in DMHI sales [General]
Daewoo Shipbuilding & Marine Engineering (DSME) announced through a regulatory filing on January 16 that it is discussing the termination of a deal for the sale of its Romania-based subsidiary Daewoo-Mangalia Heavy Industries (DMHI).  ...
2018-01-17 07:10:23
Japan accelerates self-navigating era [Shipping]
The Japanese government and major shipping companies are aiming to put the self-navigating vessel into practical use by 2025. According to local media, Japan is seeking to enhance maritime safety and overcome a shortage of workers in the indus...
2018-01-17 07:10:01
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