58% of global orderbook all delivered by 2019 [Market Information]
Global newbuilding orderbook recorded 202m dwt (77.8m cgt, 3,058 units) at the end of September this year, which is 6% lower compared to a year ago in terms of dwt. Of the current orderbook, 58% in dwt terms is scheduled to be delivered by the en...
2018-10-26 16:57:06
NB orders see 'dwt down, cgt up' [Market Information]
The global shipbuilding industry scored a total of 738 units, 57.6m dwt (21.1m cgt) of newbuilding orders from January to September this year, representing a 10% year-on-year decline in dwt terms on an annualized basis, but a 5% y-o-y increase in...
2018-10-26 16:56:48
WFW advises Höegh LNG on K-Sure backed HHI FSRU [Finance]
Watson Farley & Williams (“WFW”) advised Höegh LNG Ltd (“Höegh LNG”) on the US$200m debt financing for its ninth floating storage and regasification unit (“FSRU#9”) (tbn “Höegh Gannet”)  currently under construction at...
2018-10-26 08:45:39
Hunter Group appointed as Senior Technical Advisor [General]
Hartree Maritime Partners LLC have appointed Hunter Group ASA as their Senior Technical Advisor. Hunter Group ASA will provide technical newbuild supervision services in respect of Hartree’s four VLCC vessels to be constructed at Daewoo Shipbui...
2018-10-26 08:44:48
MOL introduces NAPA FI [Shipping]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced its decision to equip 80 of its operated bulkcarriers with a new service called NAPA Fleet Intelligence with Noon Report (NAPA FI) developed by NAPA Ltd. (President: ...
2018-10-26 08:41:12
TechnipFMC awarded contract for Liza Phase 2 [Offshore]
TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a contract by an affiliate of ExxonMobil Corporation (NYSE: XOM) for the engineering of the subsea system for the proposed Liza Phase 2 project. Following engineering and s...
2018-10-26 08:39:35
Aker Solutions wins subsea order for Lingshui [Offshore]
Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field. Lin...
2018-10-26 08:38:34
WinGD set to increase technical capacity in China [General]
WinGD (Winterthur Gas & Diesel Ltd.), is establishing an Engineering Centre in Shanghai together with CSPI (China Shipbuilding Power Engineering Institute Co. Ltd.), a fellow subsidiary of CSSC (China State Shipbuilding Corporation Limited) t...
2018-10-26 08:38:08
Rivertrace presents Smart WiO sensor [Equipment]
Water quality monitoring market leaders Rivertrace have expanded their product range with the addition of a new Smart WiO - Water in Oil  sensor that continuously monitors dissolved water content in oil allowing ship operators to proactively...
2018-10-26 08:37:39
CIMC Raffles won two Ro-Ros [Shipbuilding]
CIMC Raffles won two multi-purpose Ro-Ro ships from Bohai Ferry, it is said. According to foreign media and sources, two newbuildings will be delivered in 2020 at around CNY207m apiece (around $29.8m). The industry sees that two ships will ...
2018-10-26 08:36:50
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