Nexans lands Mad Dog 2 umbilicals gig [Offshore]
The United States is expected to account for up to 80 percent of the increase in global oil supply to 2025.[1] This growth is driving the development of new fields far offshore in ever greater water depths. One of the leading oil & gas produc...
2018-05-01 07:40:13
Vard secures contract for CLV [Offshore]
Vard announced on April 29 that it have been selected by Prysmian Group for the design and construction of one cable laying vessel. The contract value, including owner supplied special equipment, amounts to approximately € 170 million (approxim...
2018-05-01 07:39:42
Ideo-Acacia to develop floating wind farm [Offshore]
French floating offshore wind leader Ideol and Acacia Renewables, a wholly owned Japanese renewable energy development platform of Macquarie Capital, signed a Memorandum of Understanding (MOU) in March aiming at developing Japan’s first utility...
2018-05-01 07:38:36
WinGD wins Marine Propulsion Emissions Reduction Award [Equipment]
Winterthur Gas & Diesel (WinGD) celebrates Emissions Reduction Award win on the heel of the new IMO 2050 targets WinGD took home the Marine Propulsion Emissions Reduction Award last week, in Amsterdam, during the Sulphur Cap 2020 Conferenc...
2018-05-01 07:37:05
Royal IHC sign contract for dredgers [Shipbuilding]
Royal IHC recently announced that it has secured an order from the Engineering Authority at the Egyptian Ministry of Defence (MOD). The contract comprises the construction of 10 IHC Beaver® Cutter Suction Dredgers (CSDs) and five Delta Multi Cra...
2018-05-01 07:36:27
JGC-COOEC agree on co-op [General]
JGC Corporation announced recently that it has reached an agreement for co-operation relating to projects that adopt the module method and concluded the five-year “Strategic Co-operation Agreement” with Offshore Oil Engineering Co., Ltd. (her...
2018-05-01 07:33:32
Tsuneishi delivered 2,800 TEU boxship [Shipbuilding]
On 12 April, TSUNEISHI SHIPBUILDING Co., Ltd. (HQ: 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima, Japan; President: Kenji Kawano) delivered the completed “KMTC SURABAYA” to the ship owner. This first “2,800 TEU Container Carrier”, our...
2018-05-01 07:31:25
Xiangyu inks LOI for 2+4 Ultramax BCs [Shipbuilding]
China's Nantong Xiangyu Shipbuilding and Offshore Engineering seems to have signed a letter of intent (LOI) with Lou Kollakis-led Chartworld Shipping for the construction of 2+4 Ultramax bulkers.  The 63,500 dwt new vessels will satisfy t...
2018-05-01 07:29:46
JMU makes $636m loss in FY 2017 [Shipbuilding]
Japan Marine United (JMU) turns out to have logged a JPY 69.4bn (approximately $636m) loss for the last financial year (FY, ending March 31, 2018).  The figure has increased from FY 2016's JPY 9.4bn loss due to a delay in construction pro...
2018-05-01 07:29:23
HHI union approves strike [General]
Korean Metal Workers’ Union (KMWU)’s Hyundai Heavy Industries (HHI) branch approved strike to protest the management’s voluntary retirement program. The union called for the yeas and nays for the strike to 12,122 union members, and 6,266...
2018-05-01 07:28:54
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