SCF orders first LNG-fuelled MR PCs at Zvezda [Shipbuilding]
Russia's Sovcomflot (SCF) has placed an order for its first LNG-fuelled MR products tankers at compatriot Zvezda Shipbuilding Complex. The contract was reportedly signed last month and will see Zvezda construct three 51,000-dwt PCs. The new...
2019-01-03 15:34:18
HHI Holdings establishes management consultancy [General]
Hyundai Heavy Industries (HHI) Holdings announced on January 2 through a regulatory filing that it is establishing HHI Future Partners, its new management consultancy subsidiary, investing KRW5bn.  The company commented that the new subsi...
2019-01-03 15:24:56
SHI Egina produced 'first cup' of oil [Offshore]
Samsung Heavy Industries (SHI) announced on January 3 that SHI-built Egina FPSO, the largest of its kind, completed sea trial on December 29, 2018, to produce its first cup of oil. Complying with Nigeria’s local contents rules, SHI completed...
2019-01-03 14:41:02
HHI Group raised its yearly target [Shipbuilding]
Hyundai Heavy Industries (HHI) Group’s three shipbuilders raised their total yearly target by 20% compared to 2018. HHI Group announced on January 3 that its 2019 order intake goal is $15.9bn, which is 20.5% higher than 2018’s target, $13....
2019-01-03 14:08:36
Rolls-Royce to equip new fishing ship [Equipment]
Rolls-Royce has signed a contract to deliver ship design and an extensive range of equipment to a 70-metre long stern trawler to be built for Engenes fiskeriselskap AS, based in Troms county, northern Norway. This highly advanced fishing vesse...
2019-01-03 12:27:57
WinGD joins LNG MFI group [Equipment]
WinGD announced that it has been appointed as a member of the LNG Marine Fuel Institute (LNG MFI). As leaders in the design and development of the two-stroke X-DF LNG engines, WinGD is highly invested in the advancement of the shipping industry t...
2019-01-03 12:20:09
Aker Arctic delivers bronze propellers [Equipment]
Bronze has been the preferred material for open water and low ice class ship propellers for decades. Few years ago, Aker Arctic began investigating the possibility of using it also in high ice class vessels. In November 2018, the first bronze pro...
2019-01-03 08:34:48
OuYang 1 jacking trial completed [Offshore]
Marine and engineering consultancy Aqualis Offshore has successfully completed the jacking trial of wind turbine installation vessel OuYang 1. Aqualis Offshore was engaged by Ouyang Offshore Co. Ltd.  to supervise the construction and the...
2019-01-03 08:33:45
JERA buys OWF stakes in Taiwan and UK [Offshore]
JERA Co., Inc. ("JERA") has entered into an agreement with Macquarie Capital and Swancor to acquire a combined 32.5% equity interest in the Formosa 1 offshore wind power project, located off the north-western coast of Taiwan. The transaction rema...
2019-01-03 08:33:30
Jiangdong wins BC quartet [Shipbuilding]
Anhui Conch Group, China's state-owned building material supplier, turns out to have ordered four bulkers from its compatriot Jiangdong Shipyard. According to industrial source and foreign press, the shipbuilding arm of Sinotrans & CSC Hol...
2019-01-03 08:31:46
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