Sungdong filed for court receivership Thursday [Finance]
After submitting its application form for the process of rehabilitation to a court recently, Sungdong Shipbuilding and Marine Engineering says it has filed for court receivership as of March 22.  An official at the Korean debt-ridden ship...
2018-03-22 16:00:09
Seabased signs 100MW contract with Ghana [Offshore]
Seabased has been contracted by TC’s Energy, a Ghanaian renewable energy production company, to deliver a wave energy plant near Ada, Ghana. The 100 MW park is one of the first, and one the largest, commercial contracts in the fledgling wave en...
2018-03-22 07:15:48
Danish Maritime Fair programs revealed [General]
The Royal Danish Navy Band will provide a festive opening, when the International Maritime Fair in Copenhagen – The Danish Maritime Fair 2018 – opens the doors for the first visitors on Wednesday, May 2nd at 9.00 am. Hundreds of exhibitors ...
2018-03-22 07:13:04
Statoil becomes operator of the Martin Linge [Offshore]
Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental...
2018-03-22 07:11:14
Gulf Island Fabrication announces project awards [Shipbuilding]
Gulf Island Fabrication, Inc. (NASDAQ:GIFI), announced on March 19 that, through its subsidiary Gulf Island Shipyards, L.L.C., it has signed a contract for the construction and delivery of one Towing, Salvage and Rescue Ship (T-ATS) Vessel with t...
2018-03-22 07:10:24
YZJ considers portfolio diversification [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ) is reportedly planning the diversification of its business portfolio with the goal of reducing management risks.  Of 123 vessels owned by the China's largest private shipbuilder, according t...
2018-03-22 07:09:34
Barossa project gets green light [Offshore]
It turned out that Australian government authority has approved the development of the Barossa gas field in the Bonaparte Basin located offshore about 300 km north of Darwin. The Barossa project, which is planned by ConocoPhillips, SK E&S ...
2018-03-22 07:09:06
Damen to build fully electric ferries [Shipbuilding]
Damen to build fully electric ferries  Damen Shipyards Group announced on March 20 that the Dutch shipbuilder's proposal for building two new ferries with full electric propulsion has gotten approval from the Government of Ontario. &...
2018-03-22 07:08:39
CSET to order new methanol carriers? [Shipbuilding]
The industry is expected a possible methanol carrier orders as COSCO Shipping Energy Transportation (CSET) signed a deal for up to two methanol plants in the US. The company is cooperating with IGP Methanol and Jinguotou (JGT) for the project,...
2018-03-22 07:06:05
China pouring orders into logbook [Shipbuilding]
Chinese shipbuilding industry is showing a heavy yoy growth in Jan-Feb period in 2018. According to CANSI, the accumulated order intake of the industry during the period recorded 12.29m dwt, which is yoy 456% increase. In the same period, the ...
2018-03-22 07:05:31
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