[Feature] How Korean yards doing in 1H 2018?
The Korean shipbuilding industry, which has managed to escape the worst order drought in 2016, is facing a lull entering Q2 2018. However, the industry has maintained its dominance over the gas carrier, tanker, and containership segment. Hyund...
Korean ship export declined in first half
Korea logged $51.23bn (yoy 0.089% decrease) of the export result, with $44.91bn of revenue (10.7% increase) and $6.3.2bn of profit (77th consecutive month) in June. The Ministry of Trade, Industry, and Energy (MOTIE) of Korea explained that yo...
DSME won Seatankers LNGC
Daewoo Shipbuilding & Marine Engineering (DSME) of Korea won another LNGC deal. The company announced on July 6 that it won an LNG carrier from Seatankers Management of Norway. After the construction in Okpo yard, the ship will be delivere...
SEA/LNG: "Investments should keep flowing"
SEA/LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today reiterated how critical continuing investment in LNG as a marine fuel is to meeting both air quality ...
GTT won deal for Ponant icebreaker
GTT concluded a contract with the Norwegian shipyard VARD for the supply of the LNG tanks of the expedition ship PONANT Icebreaker. This ship, the delivery of which is planned in 2021, will be the first electric hybrid cruise ice-breaker with LNG...
Ulstein Verft to construct cable laying vessel for nexans
Nexans Subsea Operations has signed a shipbuilding contract with Ulstein Verft on the construction of a large, DP3 cable laying vessel. CEO Gunvor Ulstein, Ulstein Group, comments: “We are very pleased that Nexans, a solid and important p...
Nautilus notified of rescission of shipbuilding contract
Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that it has been notified by Fujian Mawei Shipbuilding Ltd (the “Shipyard”), the owner of the shipyard where Nautilus’ Production Su...
TechnipFMC awarded Total Zinia 2 Field
TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 meters. The contract covers the Engineering, Procur...
BHGE awarded subsea production equipment deal
Baker Hughes, a GE company (NYSE: BHGE) has been awarded a substantial contract from Chevron Australia Pty Ltd. for the supply of subsea production equipment, under a 15-year Master Service Order (MSO), with a second contract for well completion ...
Brodosplit signed new contracts with Fincantieri
Under the Agreement on long-term business and technical cooperation, Brodograđevna industrija Split and Italian group Fincantieri have signed two new contracts for the construction of fitted sections (grand blocks) for mega cruisers, which are b...
2018 - 7
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