C-Ventus Services awarded contract in germany [Offshore]
Further to various successful campaigns in Germany in recent years, including corrosion protection/coating repair works, survey assignments and ROV inspections in offshore windfarms Dan Tysk, Butendiek, Veja Mate, Gode Wind as well as Nordsee Ost...
2018-05-17 07:15:37
MHI Vestas to build storm-proof turbines [Offshore]
The company announces 5th supplier MOU and typhoon conditions timetable for the V164 9 MW platform. Sending a signal to developers and policymakers that it will be ready for early projects in Taiwan, MHI Vestas signed its 5th MOU today with TE...
2018-05-17 07:14:35
Intercargo releaseed bulker incident analysis [Shipping]
INTERCARGO’s latest Bulk Carrier Casualty Report, which provides an analysis of bulk carrier total losses between 2008 to 2017 (see https://www.intercargo.org/bulk-carrier-casualty-report-2017/), has been submitted to the International Mariti...
2018-05-17 07:13:20
'No more Statoil, it's Equinor' [General]
On 15 May 2018, the annual general meeting (AGM) of shareholders in Statoil ASA (OSE: STL, NYSE: STO) approved the annual report and accounts for Statoil ASA for 2017, as proposed by the board of directors.   The annual accounts and the an...
2018-05-17 07:12:22
Qingdao Yangfan middle of bumpy road [General]
Qingdao Yangfan Shipbuilding, which has been in restructuring process since 2016, is still facing bumpy roads to draw its rehabilitation plan. Foreign sources told that its major shareholder, Jianlong Group (78% of shares), recently withdrew r...
2018-05-17 07:10:45
Shinsung Shipping chooses Chinese yard [Shipbuilding]
It is understood that Seoul-based Shinsung Shipping has recently ordered three new ships at a Chinese yard. Sources told that the company has ordered three 2,900-dwt general cargo ships at Dayang Offshore in Jiangsu, China, with delivery in 20...
2018-05-17 07:10:18
'LNG era may benefit Korean industry' [General]
After arguments saying risks in the use of low-sulphur oil would, in turn, make LNG fuel mainstream, another argument came out suggesting Korean industry will benefit from the fuel transition. Park Moo-Hyun, a researcher at Korea's Hana Financ...
2018-05-17 07:09:45
DSME adds three Norwegian VLCCs [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) added multiple VLCCs in its orderbook The company announced on May 16 that it is awarded three VLCCs worth around $260m from Hunter Tankers SA under Hunter Group of Norway. The ships were opt...
2018-05-17 07:09:07
Daehan nets TK duo from Greece [Shipbuilding]
Daehan Shipbuilding turns out to have won two new tankers from Tsakos Energy Navigation (TEN) of Greece.  The LR2/Aframax duo is slated for delivery in October 2019 and January 2020, respectively, a foreign media outlet reported.  ...
2018-05-17 07:08:35
"Restructuring needs to be continued" [Shipbuilding]
Choi Jong-Gu, Chairman at the Financial Services Commission (FSC) of Korea, has recently pointed out that there is a need of devising a win-win strategy for shipbuilding, shipping and financial industries, with restructuring process continued in ...
2018-05-17 07:08:05
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