Korean ship exports' downturn continued [Market Information]
Korea logged $51.2bn (8.7% y-o-y increase) of the export result, with $44.3bn of imports (9.2% y-o-y increase) and $6.9bn surplus in balance of trade (for 79th consecutive months) in August.  The Ministry of Trade, Industry, and Energy (M...
2018-09-07 16:58:03
Sembcorp secures Maran Tankers contract [Equipment]
Singapore, September 6, 2018: Sembcorp Marine has won its biggest green technology retrofits contract to date, awarded by Maran Tankers for the installation of marine scrubbers and ballast water management systems on 13 of the Greek owner’s ves...
2018-09-07 07:25:44
Rolls-Royce launches new gas engine [Equipment]
Rolls-Royce has launched its latest in a series of liquefied natural gas (LNG) fuelled marine engines at the SMM maritime exhibition in Hamburg. The Bergen B36:45 model is designed in accordance with the Rolls-Royce philosophy of a common platfor...
2018-09-07 07:24:48
ABB launches next-generation DP system [Equipment]
The ABB Ability™ Marine Pilot Control dynamic positioning (DP) system, unveiled at the maritime trade fair SMM, simplifies ship maneuvering with an intuitive touchscreen-based user interface and enables safer, more efficient ship operations. ...
2018-09-07 07:24:22
Höegh executes time charter for FSRU [Offshore]
Höegh LNG Holdings Ltd. (“Höegh LNG”) has entered into a time charter contract with Naturgy Energy Group S.A (“Naturgy”) for FSRU #9. The time charter commences in December 2018, immediately after the delivery of the unit and a position...
2018-09-07 07:23:56
DNV GL tightening China tie [General]
At the SMM trade fair in Hamburg, Dalian Shipbuilding Industry Company Ltd. (DSIC) and classification society DNV GL announced the signing of a joint development project (JDP) agreement to develop a new 23,000 TEU LNG fuelled ultra large containe...
2018-09-07 07:22:56
MAN Energy Solutions reports multiple cruise orders [Equipment]
MAN Energy Solutions is currently experiencing a record order-intake within its cruise business. The company reports that, in the first eight months of 2018, it has won orders to supply seven new cruise ships with engines plus exhaust-gas-treatme...
2018-09-07 07:21:57
PureNOx provides EGR economy to clients [Equipment]
Alfa Laval PureNOx technology has long been the choice for water treatment in Exhaust Gas Recirculation (EGR), one of the main strategies for Tier III NOx compliance. Soon it will be channelled into two differentiated systems, PureNOx LS and Pure...
2018-09-07 07:21:26
Viking acquires leading lifeboat manufacturer [Equipment]
The acquisition of lifeboat solution provider Norsafe is another boost for VIKING’s worldwide capabilities, ensuring a unique an unmatched product and service offering in the maritime safety industry. Maritime safety equipment manufacturer a...
2018-09-07 07:20:22
DNV GL releases autonomous operated ship guideline [Shipping]
As digitalization continues to reshape the maritime industry, the first commercial autonomous vessels are due to launch in the next several years. To help build a safety culture around these new technologies, DNV GL has released a new class gui...
2018-09-07 07:17:25
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