2018 newbuilding starts smooth sailing
Global shipbuilding industry scored 63 units, 7m dwt (2.3m cgt) of orders in January, which is yoy 9% growth in terms of dwt. It can be seen as a good start compared to 2015’s yoy 53% decrease, 2016’s 92% decrease, and 2017’s 39% decrease. ...
DSME marks amazing week
Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) have spent a surprising week, netting orders for a total of seven ships, around $800m consecutively. The company announced on March 2 that it took an order for two VLCC...
EU give pressure to IMO MPEC
In its statement on February 26, the Council of the European Union stated that a progress must be made in coming MEPC 72. The following is the statement. "EMPHASISES the need for the International Maritime Organisation (IMO) to take swif...
Costa Group expanding fleet
Costa Group announced on February 27 a new order for the German brand AIDA Cruises. The board of directors of Costa, held at the company headquarters in Genoa, gave Michael Thamm, CEO of Costa Group and Carnival Asia, the mandate to finalize the ...
Subsea 7 awarded contract offshore norway
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced on February 27 the award of a sizeable contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North...
Corvus Energy to power hybrid PSVs
Corvus Energy announced on February 26 that it has been selected by SEACOR Marine and Kongsberg Maritime as the supplier of lithium ion-based energy storage systems (ESS) for 4 platform supply vessels (PSVs) being retrofitted with a state-of-the-...
MacGregor-SeaFocus establish collaboration agreement
MacGregor, part of Cargotec, and an international maritime business platform, SeaFocus, have announced on February 27 a collaboration agreement that will support the companies in creating new cooperation models to benefit maritime trade and drive...
MOL-Russia sign MOU for NSR
On February 26, 2018, Mitsui O.S.K. Lines, Ltd. ("MOL") signed a Memorandum of Understanding ("MOU") with the Far East Investment and Export Agency ("FEIA") under the Ministry of the Russian Federation for the Development of the Far East ("MINVR"...
Jinling bags new car carrier
Shanghai Ansheng Automotive Shipping, a Chinese car shipping expert, turns out to have ordered one new car carrier with a capacity of 2,300 car equivalent units (ceu) from its compatriot Jinling Shipyard, an affiliate of Sinotrans & CSC Shipb...
KMARIN orders two VLOCs to BSIC
KMARIN, an affiliated company of Korea Transportation Asset Management (KOTAM) is understood to have ordered two 325,000-dwt VLOCs at a Chinese yard Qingdao Beihai Shipbuilding Heavy Industry (BSIC). According to foreign media and industry, th...
2018 - 3
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