Road map reviewed for Subic Shipyard [Shipbuilding]
An eight year-road map rises for the normalization of Hanjin Heavy Industries and Construction's (HHIC's) overseas subsidiary HHIC-Phil (Subic Shipyard) which has recently been placed on receivership.   According to foreign press and...
2019-01-23 16:25:18
HHI requested government aid to keep employment [Shipbuilding]
Hyundai Heavy Industries (HHI) turned out to have requested government aid to maintain employment of its staffs. Since last August when it shut down offshore factory, offshore division employees have went paid leave. In December 2018, HHI mana...
2019-01-23 15:57:49
Samkang officializes OWF substructure deal [Offshore]
Samkang M&T made a substructure deal official, which had been first revealed by Song Moo-seok, Chairman and CEO of the company last week. The company and a European EPC operator (Jan De Nul-Hitachi) of Taiwan Power Company’s Changhua OWF...
2019-01-23 15:25:15
KHAN scores newbuilding debut [Shipbuilding]
KHAN has garnered its first newbuilding contract from an operator of Thailand, V.L. Enterprise PCL. The agreement contains a 2,800-dwt CPP (Clean Petroleum Product) tanker, and the deal has secured R/G from a Korean bank in January. KHAN, the ...
2019-01-23 14:31:50
OSG exercised option for new barge at Gunderson [Shipbuilding]
Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, announced that it has exercised an option to construct a sec...
2019-01-23 11:42:51
Cathie Associates, Blue Wind ink offshore wind deal [Offshore]
Cathie Associates, the leading international geoscience and geotechnical engineering consultancy has signed a Memorandum of Understanding (MoU) with Blue Wind Engineering (BWE) to cooperate on expanding within the offshore wind industry in South ...
2019-01-23 11:11:18
HHI signs up TMC for Roncador tankers [Equipment]
TMC Compressors of the Seas (TMC) has signed a contract to supply complete marine compressed air systems for two shuttle tankers that Hyundai Heavy Industries (HHI) is building for Norwegian tank operator Knutsen NYK Offshore Tankers (KNOT). T...
2019-01-23 10:38:05
Equinor reduced CO2 emissions from the supply chain [General]
Since 2011, Equinor has reduced CO2 emissions from its logistical operations for the Norwegian continental shelf (NCS) by 600,000 tonnes. The company’s ambition is to halve emissions in the NCS supply chain by 2030. On Friday 18 January, Nor...
2019-01-23 08:43:10
Equinor-LR to conduct safety study in Brazil [Offshore]
Equinor is using technical expertise from Lloyd’s Register (LR) to lead a safety study assessment for the second phase of the Peregrino oil field in Brazil. Equinor and Sinochem are joint field owners with Equinor being the operator with a 60% ...
2019-01-23 08:42:21
Auramarine secures new distributors [Equipment]
Auramarine, the leading provider of fuel supply systems for the marine and power industries, announces new sales representative agreements with Dutch company AMW Marine and with Japanese company Nihon Digital Governor Co., Ltd. The agreement a...
2019-01-23 08:31:17
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