CMA CGM to acquire CONTAINERSHIPS [Shipping]
On June 20, 2018, CMA CGM Group announced the signature of an agreement between CMA CGM and Container Finance Ltd Oy pursuant to which the container shipping and logistics business Containerships (and Container Finance’s holdings in Multi-Link ...
2018-06-22 07:12:21
Teekay Offshore awards FPSO contract to Bilfinger [Offshore]
Bilfinger Salamis UK has been awarded a significant contract from Teekay Offshore, building on a positive first quarter for the industrial services firm.  The new three-year contract, with the option of two one-year extensions, continues ...
2018-06-22 07:10:27
GTT wins order from HHI for LNGC tank design [Equipment]
On June 19th, 2018, GTT announced that it has received an order from South Korean shipyard Hyundai Heavy Industries to design the tanks of a new 174,000 cbm LNG carrier on behalf of Greek ship-owner Thenamaris.  The vessel’s delivery is...
2018-06-22 07:08:28
WorleyParsons gets two-year renewal with Chevron [Offshore]
Chevron Australia Pty Ltd has awarded WorleyParsons a contract extension to provide services to support the assets of Chevron’s Australasian Strategic Business Unit. Under the extension, WorleyParsons will continue to provide brownfield en...
2018-06-22 07:07:51
Danaos announces debt refinancing agreement [Finance]
Danaos Corporation, a leading international owner of containerships, announced that it has reached an agreement with certain of its lenders currently holding approximately $2.2 billion of debt maturing on December 31, 2018, that will significantl...
2018-06-22 07:06:57
CMA CGM embeds artificial intelligence onboard ships [Shipping]
The CMA CGM Group, a leading worldwide shipping Group, announced its collaboration, since the beginning of the year, with Shone, a San Francisco-based startup that is specializing in the use of artificial intelligence for maritime transportation....
2018-06-22 07:05:23
KOMERI grants aid to LNG bunkering entrepreneurs [Equipment]
The Korea Marine Equipment Research Institute (KOMERI) Ulsan branch, Gyeongnam Technopark, and Changwon National University have been organizing ‘2018 export promotion for LNG equipment.’ The promotion is aiming to support local LNG bunker...
2018-06-22 07:04:16
NAU IB builds restructuring fund [Finance]
NAU IB Capital, a Korean investor announced that it will build a KRW40bn of investment fund aiming shipbuilding market amid restructuring. According to the IB industry, NAU IB Capital decided to organize ‘NAU ACE Partnership Fund’ through ...
2018-06-22 07:02:29
Financial chance widen for equipment manufacturers [Finance]
The Korean government is expending financial support program nationwide. Choi Jong-Gu, Chairman at the Financial Services Commission (FSC) of Korea, commented in his visit at Panasia in Busan that the government will expand its financial suppo...
2018-06-22 07:01:51
Sungdong invites new owners [Shipbuilding]
Sungdong Shipbuilding & Marine Engineering began to take off the coat to find a new owner with global shipbuilding industry showing a gradual recovery. Sungdong announced on June 21 that Changwon District Court started its disposal procedu...
2018-06-22 07:01:08
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