KCC declared option for combi carrier [Shipbuilding]
Klaveness Combination Carriers (“KCC”) has declared an option for the construction of a sixth combination carrier, CLEANBU, with Jiangsu New Yangzi Shipbuilding Co., Ltd in China. The delivery date is scheduled for fourth quarter 2020. The co...
2018-11-21 08:52:26
Keppel announced contract cancellation [General]
Keppel Corporation Limited (“KCL”) informed that Keppel FELS Limited (“Keppel FELS”), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (“KOM”), has entered into a settlement agreement with a global oil and gas services co...
2018-11-21 08:51:59
Pacific Drilling emerges from chapter 11 [Offshore]
Pacific Drilling S.A. (OTC: PACDQ) (the “Company”) announced that effective today the Company and certain of its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing restructuring transactions pursuant to t...
2018-11-21 08:51:29
VIKING's new lifeboat tested [Equipment]
Rough seas with wave heights up to 50% above the stipulated heavy weather testing requirements proved no obstacle for VIKING’s innovative LifeCraft™ system, paving the way for cruise ship operators worldwide to benefit from all the advantages...
2018-11-21 08:51:00
A Strategic Partnership for C-Job and Glosten [General]
Two leading naval architecture firms, Glosten and C-Job Naval Architects, announce a strategic partnership to create more value for their respective clients.  Executives from the two firms met recently at Glosten’s newly opened East Coast ...
2018-11-21 08:50:33
Norsepower concluded equity financing [Finance]
Norsepower Oy Ltd., the leading provider of low maintenance, software operated, and data verified auxiliary wind propulsion systems, announced that it has concluded its equity financing round, raising €3.6million in funding to drive the company...
2018-11-21 08:50:18
Wärtsilä’s calling Smart Partner Campus members [General]
Wärtsilä is building a Smart Technology Hub, a new centre of research, product development and manufacturing, in Vaasa, Finland, by the end of 2020. At the same time, a flexible smart marine and smart energy platform called Smart Partner Campus...
2018-11-21 08:49:45
McDermott celebrates sail away event [Offshore]
McDermott International, Inc. (NYSE: MDR) announced an event that was hosted at their world-class fabrication yard in Altamira, Tamaulipas, Mexico celebrating the sail away and another project milestone of the PEMEX Exploración y Producción PB-...
2018-11-21 08:48:28
Algoma to received funds for canceled bulkers [General]
A Canadian operator Algoma Central announced that it is to receive around $84.75m of refunds for four bulkers it had ordered and canceled at Uljanik shipyard of Croatia. According to TradeWinds and industry observers, one of the four ships had...
2018-11-21 08:39:10
HHIC offices go under the hammer [General]
Hanjin Heavy Industries & Construction’s (HHIC’s) Seoul and Busan office buildings went under the hammer. HHIC seems to want more than KRW200bn in total The industry says that HHIC recently appointed Deloitte Anjin and Cushman & Wa...
2018-11-21 08:38:29
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