Korea sees 41% downturn in NB deliveries [Market Information]
It emerged that a total of global shipyard output from January to July 2018 stood at 804 vessels of a combined 51.50m dwt (19.70m cgt), representing 27% and 16% year-on-year downturn in dwt and cgt terms, respectively.  It is also expecte...
2018-08-24 16:36:21
Korea prevailed in VLCC market [Market Information]
The global shipbuilding industry has scored a total of 525 units, 41.1m dwt (15.2m cgt) of newbuilding orders during the Jan-Jul period of 2018, representing a 17% year-on-year downturn in terms of annualized dwt, and 3% in terms of cgt. The tota...
2018-08-24 16:36:02
CANSI reveals China’s Jun-Jul result [Market Information]
According to the data, Chinese shipyards completed newbuildings of a combined 21.81m dwt for the period, down by 26.8% yoy. On the other hand, they were awarded new vessels of 24.04m dwt, representing an 81.6% upturn.  As of the end of Ju...
2018-08-24 16:35:43
HSHI soaring in global yard ranking [Market Information]
Global newbuilding orderbook recorded 198.9m dwt (76m cgt, 3,000 units) at the end of July, which is 6% lower compared to the beginning of the year in terms of dwt. The number means a slight yoy improvement in terms of dwt, whereas 14 years low i...
2018-08-24 16:35:23
Wärtsilä secures operations of diamond mining ship [Offshore]
Wärtsilä and De Beers Marine have signed an agreement for the replacement of generating sets aboard De Beers’ diamond mining ship Debmar Pacific, Wärtsilä  said on 22 August 2018. The vessel, originally built in the 1970s, will be o...
2018-08-24 07:37:35
Crowley supports Appomattox platform tow-out [Offshore]
Crowley Maritime Corp.’s offshore services group has successfully and safely delivered Shell’s Appomattox semi-submersible Floating Production System (FPS) to the open waters of the U.S. Gulf from Kiewit Offshore Services' construction facili...
2018-08-24 07:37:17
Excelerate commissions Bangladesh’s first FLNG [Offshore]
On August 18, 2018, Excelerate Energy Bangladesh Limited (Excelerate) completed the commissioning of its Moheshkhali Floating LNG (MLNG) terminal – Bangladesh’s first liquefied natural gas (LNG) import facility – signifying the official com...
2018-08-24 07:36:47
Shearwater to acquire Schlumberger Marine Seismic [General]
Shearwater GeoServices Holding AS and Schlumberger jointly announced on August 22nd, 2018 that they have entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophy...
2018-08-24 07:36:30
Eco-friendly power for container ships [Equipment]
Becker Marine Systems, Hapag-Lloyd and HHLA test alternative power supply at the Port of Hamburg. Hamburg is taking a further step toward improving air quality at its port. Innovative technology developed right here in the city is set to enabl...
2018-08-24 07:35:19
VIKING named exclusive distributor for container firefightin [Equipment]
Maritime safety equipment manufacturer and global servicing provider VIKING Life-Saving Equipment has signed with Rosenby Engineering to exclusively distribute the award-winning Danish startup’s HydroPen™ fire extinguishing system for contain...
2018-08-24 07:34:50
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