Korea sees sharp upturn in NB orderbook [Market Information]
Global newbuilding orderbook recorded 201.2m dwt (77.8m cgt, 3,056 units) at the end of October this year, down by about 7% against a year ago in terms of dwt. Of the current orderbook, 10% in dwt terms is scheduled to be delivered for the rest o...
2018-11-23 16:45:45
Japan sees poor export orders in Oct also [Market Information]
It turned out that Japanese shipyards have seen a slump in their export activities last October also. According to the Japan Ship Exporters' Association (JSEA), their new export ship orders stand at 14 units of a combined 850,000 gt (380,000 cgt)...
2018-11-23 16:45:28
BIMCO to publish new cyber rules [Shipping]
BIMCO is developing a clause dealing with cyber security risks and incidents that might affect the ability of one of the parties to perform their contractual obligations. The clause is being drafted by a small team led by Inga Froysa of Klaven...
2018-11-23 08:46:49
Johan Castberg construction begins at Stord [Offshore]
Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will today start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner's yard at Stord. The construction will create major ripple effects throughout Nor...
2018-11-23 08:45:11
New Home for the FLNG [Offshore]
YPF awards EXMAR a long-term contract to produce and export the first LNG from Argentina  Barge-based floating liquefaction unit Caribbean FLNG to be redeployed as Tango FLNG to the Port of Bahía Blanca in the second quarter of 2019.&nbs...
2018-11-23 08:44:56
Eagle Bulk expands fleet scrubber initiative [Equipment]
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk” or the “Company”) announced that is has exercised its options to purchase 15 additional exhaust gas cleaning systems (“scrubbers”) which are to be retrofitted on vessels within its...
2018-11-23 08:44:37
Optimarin consolidates Fednav relationship [Equipment]
Optimarin has signed a contract to supply seven of its USCG-approved Optimarin Ballast Systems (OBS) to Fednav, Canada’s largest ocean-going dry-bulk shipowning and chartering group. Five of the units will be fitted on existing vessels within t...
2018-11-23 08:43:58
V.Ships won ship management deal [Shipping]
V.Ships Leisure, part of V.Group, the leading global marine and offshore vessel management and support services provider, has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer. The 10...
2018-11-23 08:43:19
BIMCO standard ship repair contracts overhauled [Shipping]
BIMCO has revised and updated its two standard ship repair contracts: REPAIRCON, which is for major work at a repair yard; and MINREPCON, which is for minor repair work that can be done by contractors when a ship is in port. Both contracts wer...
2018-11-23 08:42:28
ANDRITZ to supply desulfurization scrubbers [Equipment]
International technology Group ANDRITZ has received orders from two renowned shipping companies to supply SeaSOx desulfurization systems for exhaust gas cleaning, thus confirming ANDRITZ’s know-how in exhaust cleaning technologies. Installatio...
2018-11-23 08:41:48
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