"Resale price is higher than NB in VLCC sector" [Shipbuilding]
It turned out that the resale price has surpassed the newbuilding price in very large crude carrier (VLCC) sector.  Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, said in his January 4 report that the resale price of VL...
2019-01-08 15:35:29
HHIC Subic yard files for rehabilitation in the Philippines [Shipbuilding]
Korea's Hanjin Heavy Industries & Construction announced on January 8th that its overseas subsidiary HHIC-Phil (Subic Shipyard) in the Philippines filed for rehabilitation procedure at the local Olongapo court on the same day. The reason f...
2019-01-08 14:55:27
Russia starts building arctic research platform [Offshore]
Saint Petersburg-based Admiralty Shipyard has started building self-propelled research platform 'North Pole'. With 10,390 tons in weight and 84 meters in length, the facility will be a research base that is stationed in the Arctic Ocean for th...
2019-01-08 14:43:32
STX Heavy Industries decides spin-off [Finance]
STX Heavy Industries announced on January 7 that the Korean company establishes a new spin-off company through the physical division of debtor company's assets, which are to be sold.    The new company's name is STX recovery. STX ...
2019-01-08 14:13:13
BIMCO recommends CMMS for ships [Shipbuilding]
BIMCO and MAN Energy Solutions hosted a conference for software suppliers delivering Computerised Maintenance Management Systems (CMMS) to expand the use of Shipdex. Shipdex is the standard protocol for exchanging technical data - such as manuals...
2019-01-08 07:39:57
Atkins nets St Brieuc Offshore Windfarm deal [Offshore]
Atkins, a member of the SNC-Lavalin Group, has been appointed to deliver the Front End Engineering Design (FEED) and Detailed Design of wind turbine jacket substructures for St Brieuc Offshore Windfarm, located off the coast of Northern France. T...
2019-01-08 07:33:14
Small LNG projects arise in 2019 [Shipbuilding]
Low prices, abundant supply and an aggressive shift towards cleaner gas for energy generation are creating strong demand for LNG, not just from large buyers, but also from small importers. Small-scale LNG projects (production and regasificatio...
2019-01-08 07:29:57
ROSATOM puts spurs to NSR development [Offshore]
It turned out that President of Russia Vladimir Putin signed a law defining powers of ROSATOM in development and functioning of the Northern Sea Route (NSR) and adjacent territories. The document is published on the official website of legal info...
2019-01-08 07:26:57
China Ocean Industry lost arbitration [Shipbuilding]
Hong Kong located China Ocean Industry Group is to pay a significant amount of refund to a customer according to LMAA’s arbitration, it is said. Sources told that the customer seems to be Auerbach Schiffahrt of Germany, who had ordered four ...
2019-01-08 07:21:41
Minsheng nets YZJ bulker resale [Shipbuilding]
Minsheng Financial Leasing of China is understood to have netted Panamax bulker duo built by its compatriot Yangzijiang Shipbuilding (Holdings) in a resale deal.  According to industrial source and foreign media, Minsheng purchased two 81...
2019-01-08 07:21:12
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