Jan-Feb yard output sees 32% y-o-y downturn [Market Information]
Global shipyard output stood at 249 ships of a combined 17.1m dwt (6.2m cgt) in the first two months of 2018, representing a 32% downturn year-on-year in dwt terms.  Full year 2018 deliveries are estimated to be 78.7m dwt in total, which ...
2018-03-30 17:30:35
HHI VLOC receives AiP from LR [Equipment]
Lloyd's Register announced on March 27 that Hyundai Heavy Industries (HHI) has received approval in principle (AiP) from LR for an LNG-fuelled 250,000 dwt class very large ore carrier (VLOC). Following the announcement of the IMO’s SOx emiss...
2018-03-30 07:18:23
GTT receives LNG tank order from SHI [Equipment]
GTT announced on March 27 that it has received an order from Samsung Heavy Industries (SHI) to equip a new Liquefied Natural Gas Carrier (LNGC) with its new membrane containment system Mark III Flex+. Offering a capacity of 180,000m3, this uni...
2018-03-30 07:16:04
Two LEG carriers named [Equipment]
Wärtsilä announced on March 28 that the first two vessels in a series of five liquid ethylene gas (LEG) carriers featuring complete cargo handling systems designed and delivered by the technology group Wärtsilä, have been completed and named....
2018-03-30 07:14:01
BLRT expands possibilities for docking of large vessels [Shipping]
Tallinn Shipyard, a subsidiary of BLRT Grupp, modernized the vessel, the length of which exceeded the length of the dock. For the docking of Thamesborg, the vessel, owned by the Dutch shipping company Royal Wagenborg, a lot of preparatory work...
2018-03-30 07:13:13
DAMEN CSD500 delivered for Basra terminal [Shipbuilding]
The Dutch built dredger has arrived on site at Port of Umm Qasr, Iraq Recently, a customised Damen Cutter Suction Dredger, type CSD500, has been named by her owner Basra Gateway terminal at the Damen Dredging yard in the Netherlands. Immediate...
2018-03-30 07:12:25
Navig8 adds its Chinese vessels [Shipbuilding]
Navig8 Group, which was learned to have ordered multiple MR tankers at a Chinese yard last year, again selected the same yard for additional units. According to TradeWinds, the owner brought up the tally at New Times Shipbuilding to a total of...
2018-03-30 07:11:27
Tanktech receives investment [Equipment]
Tanktech, a Korean shipbuilding and offshore equipment supplier, receives KRW 3bn (about $2.81m) in funding from the 'BK 6th shipbuilding restructuring investment association'.  Busan Metropolitan City announced on March 29 that the assoc...
2018-03-30 07:10:58
Emergency meeting held for STX & Sungdong [General]
South Gyeongsang Province of Korea had an emergency meeting on March 28 with labor union members from Sungdong Shipbuilding & Marine Engineering and STX Offshore & Shipbuilding. On the day, meeting attendees from labor groups stressed ...
2018-03-30 07:10:26
"Solidus is the number one threat to GTT" [Equipment]
Among Korea's own LNG containment solutions 'KCS', 'KC-1' and 'Solidus', a Korean industry expert has recently claimed that Solidus is the number one threat to GTT, a French LNG containment powerhouse. After a demonstration of Solidus, last Fe...
2018-03-30 07:09:03
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