Samsung garners deal for up to four LNGCs [Shipbuilding]
Samsung Heavy Industries has won a newbuilding order for 174,000-cbm LNG carriers, resuming order-intake for its one of best selling products. The Korean shipbuilding stalwart says Thursday morning that it has signed a contract with a foreign ...
2018-04-05 11:17:15
Eneco secure asset management deal [General]
The Prinses Amalia wind farm started to generate its first green power more than ten years ago. Since they came on stream, the park's 60 Vestas V80 turbines, each with a capacity of 2MW, have generated over 400 GWh every year. Partly due to the e...
2018-04-05 07:37:44
Boskalis to build landmark polder development [Offshore]
Royal Boskalis Westminster N.V. (Boskalis) announced on April 3 that it has received a Letter of Award from the Housing & Development Board of Singapore for the development of a polder at the north western tip of Pulau Tekong. The contract va...
2018-04-05 07:35:48
IKM Subsea secures PTTEP drilling contract [Offshore]
IKM Subsea Singapore signed a contract with PTTEPI for their appraisal campaign offshore in Myanmar. IKM Subsea will be providing a Merlin WR200 electrical propulsion system together with a BOP intervention tool and an IKM Technology designed ...
2018-04-05 07:34:07
Ørsted partners with CR of Taiwan [General]
Global offshore wind leader Ørsted today signed a contract with CR Classification Society (CR) in Taiwan to collaborate on and support the development of local certification capabilities.  With the signature of today’s contract, CR wil...
2018-04-05 07:32:55
Scorpio Bulkers announces commitment for new loan [Finance]
Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) announced on April 3 that the announced today that the Company has received a commitment for a loan facility of up to $12.75 million from a leading European financial ...
2018-04-05 07:31:19
MES secures three domestic ultramaxes [Shipbuilding]
Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) is understood to have won a newbuilding contract for three 64,000-dwt ultramax bulkers from Osaka Asahi Kaiun. According to foreign sources, Osaka Asahi Kaiun, a family-run opera...
2018-04-05 07:29:58
Hornbeck cancels two MPSVs [Shipbuilding]
US offshore operator Hornbeck Offshore Services announced through a regulatory filing that it is halting its OVS fleet expansion it has pursued since 2011, canceling the last two units. The company stated that it “provided notice of terminat...
2018-04-05 07:29:36
Torm exercised MR options at GSI [Shipbuilding]
Danish PC operator Torm announced on April 3 that it exercised an option for three MR newbuildings at Guangzhou Shipyard International (GSI). The three units, which would cost around a total of $93m, are expected to be delivered between 2019 and ...
2018-04-05 07:25:32
Korean court conducts inspection on Sungdong [Shipbuilding]
Changwon District Court of Korea conducted on-the-spot inspection on Sungdong Shipbuilding and Marine Engineering on April 3.  After receiving an application form from the debt-ridden shipbuilder for the process of rehabilitation, the cou...
2018-04-05 07:25:06
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