Imtra for refit and new build projects [Equipment]
IMTRA, the leading manufacturer and importer of quality marine products, announced on January 24 that its involvement in a number of large ferry projects. IMTRA is supplying integral equipment to the Texas Department of Transportation (TXDOT) as ...
2018-01-26 07:27:46
Nova Scotia seeking Tidal demonstration [Offshore]
Canada's Nova Scotia government announced on January 24 that Nova Scotia is building on its position as a leader in the tidal energy industry by creating another way for developers to test and prove their ideas for innovative new devices. Appl...
2018-01-26 07:25:11
Vietnam starts windy electricity [Offshore]
Singapore-based Enterprize Energy and partner Renewable Energy Global Solutions (“REGS”), together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure (“PVC-MS”) and VietSovPetro (“VSP”), MHIVest...
2018-01-26 07:24:02
Damen contracted for CSD 250 [Shipbuilding]
Damen announced on January 24 that Dredging Africa (Pty) Ltd has signed a contract with Damen Shipyards Cape Town (DSCT) for the delivery of a Cutter Suction Dredger (CSD) 250. Due to Damen’s policy of series building standardised vessels, the ...
2018-01-26 07:21:56
Oil/Gas capex-R&D spending boosts in 2018 [General]
Senior oil and gas sector professionals expect a step change in the industry’s capex, opex and R&D spending levels in 2018, as new research from DNV GL, the technical advisor to the oil and gas industry, confirms confidence in the industry ...
2018-01-26 07:21:00
Cyprus to secure 1st FSRU [Offshore]
Cyprus is to secure the first floating LNG storage and re-gasification unit (FSRU) in the country.  According to industrial sources and foreign presses, Defa, Cyprus' state-owned natural gas provider, plans to open a tender for LNG infras...
2018-01-26 07:19:30
World's 1st electric inland barges coming [Shipbuilding]
Inland barge operator Port-Liner, electrical company Werkina and Asto Shipyard of the Netherlands join forces with Lloyd's Register (LR) with the goal of setting the first electrically powered inland containership in Europe afloat. The first five...
2018-01-26 07:18:53
Imabari won two Taiwanese bulkers [Shipbuilding]
Taiwanese shipping outfit Wisdom Marine is understood to have ordered two new bulkers at Imabari Shipbuilding of Japan.  According to foreign media and industry, the shipping company ordered two 37,800-dwt bulkers at a total of around $49...
2018-01-26 07:18:23
"72,000 Korean yard workers unemployed" [General]
For one and a half years, against a backdrop of strong restructuring process, it turned out that 72,000 workers lost their jobs in Korean shipbuilding·offshore industry.   The Korea Offshore & Shipbuilding Association (KOSHIPA) ...
2018-01-26 07:14:57
KEXIM increases guarantee cap [Finance]
The Export-Import Bank of Korea (KEXIM), through its 2018 operating strategy revealed on January 24, announced that it will pour a total of around KRW60trn on financial services for the industry this year. It is also said that it increases guaran...
2018-01-26 07:13:44
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