SembMarine wins FPSO newbuild from TechnipFMC [Offshore]
On March 28, 2018, Singapore's Sembcorp Marine Ltd announced that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has secured a contract from TechnipFMC to undertake the Engineering, Procurement and Construction of Hul...
2018-03-28 10:13:27
Coldharbour initiates Japanese type approval process [Equipment]
Coldharbour Marine, a manufacturer of ballast water treatment systems based on unique inert gas technology, has engaged Japanese classification society ClassNK to assist in the process of obtaining Japanese type approval from the Ministry of Land...
2018-03-28 07:18:26
S/C ceremony for cutting-edge Fast4Ward FPSO [Shipbuilding]
SBM Offshore announced on March 26 that the first steel cut for the hull of its standardized Fast4Ward FPSO took place at the SWS yard in Shanghai, China on Friday March 23, 2018. “As our concept becomes reality, we demonstrate our commitmen...
2018-03-28 07:16:09
TechnipFMC scores iEPCI hat-trick [Offshore]
On March 26, TechnipFMC announced a total of three iEPCI contracts. Firstly, TechnipFMC has been awarded an iEPCI™ (integrated Engineering, Procurement, Construction and Installation) contract by Energean Oil & Gas for the Karish full fi...
2018-03-28 07:14:17
HHLA acquires Estonia’s biggest terminal operator Transiid... [Shipping]
Hamburger Hafen und Logistik AG (HHLA) acquires Estonia’s biggest terminal operator Transiidikeskuse AS. A corresponding contract was signed on 26 March.  The new subsidiary will be allocated contractually and organizationally to HHLA I...
2018-03-28 07:13:37
Stena joins smart electric initiative in Sweden [Shipping]
Stena Line joined an industry cooperation for smart electric transport which aims to increase the electrification of shipping. By joining the 'Electromobility for Shipping' initiative, the cruise operator joins the Swedish Shipowners' Associat...
2018-03-28 07:12:11
Jan-Feb yard output sees 32% y-o-y downturn [Shipbuilding]
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 ...
2018-03-28 07:10:16
HHI embroiled in offshore facility dispute [Offshore]
Hyundai Heavy Industries (HHI) has been embroiled in a KRW 2.8trn (approximately $2.6bn) dispute related to an offshore facility it completed last 2015 for Barzan Gas Company. According to an announcement made on March 26 by the Korean shipbui...
2018-03-28 07:08:54
Pakistan approves new modern yard construction [Shipbuilding]
It turned out that the Pakistan government has recently approved a plan to build a new shipyard in Gwadar. According to foreign presses and industrial sources, the plan, which would be implemented within three to five years, includes dry docki...
2018-03-28 07:08:08
"SHI drillship cancellation causes no loss" [Offshore]
Shinyoung Securities noted that Samsung Heavy Industries (SHI) will see no financial losses from the latest cancellation of drillship contract.  Um Kyung-Ah, an analyst at the Korea-based financial service provider, said on March 27, "SHI...
2018-03-28 07:05:52
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