Enseada filed for preventive bankruptcy [General]
Brazilian shipyard Enseada Industria Naval (EIN) has filed for preventive bankruptcy at the court of Rio de Janeiro.   Local media Valor Economico reported that the yard currently has BRL2.3bn (around $557m) of liabilities. It is also repo...
2019-10-15 15:15:46
China sets autonomous ship R&D base [Shipbuilding]
China is to set a test hub for autonomous navigation technology.   Local media reported that the country has established ‘Xiangshan Ocean Technology Port,’ its first R&D hub for unmanned vessels. Located in Zhuhai, Guangdong, China...
2019-10-15 15:00:34
Rovuma LNG expects FID in early 2020 [General]
The final investment decision for Mozambique’s Rovuma LNG might take longer than initially expected.   With planned production startup in 2025, Rovuma LNG is one of the three massive LNG export projects in Mozambique, and it is led by Ex...
2019-10-15 14:03:52
Carlyle buys Vigor and MHI Holdings [General]
Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition of Vigor Industrial LLC and MHI Holdings LLC. In addition, Carlyle and Stellex announce...
2019-10-15 10:27:36
New Cunard ship got its steel cut [Shipbuilding]
Cunard and Fincantieri today celebrated the start of construction on the 249th ship of the luxury cruise line, marking an exciting moment in the company’s 179-year history.   The yet unnamed ship will be the second largest ship to ...
2019-10-15 08:50:17
Wärtsilä upgrades OSVs to hybrid [Equipment]
The technology group Wärtsilä will engineer, supply, and install complete battery hybrid packages to two offshore supply vessels owned by the Norway-based operator Atlantic Offshore. The upgrading project will be carried out at the Fitjar shipy...
2019-10-15 08:48:29
Danes set cluster in Taiwan [Offshore]
ProCon Wind Energy establishes Danish offshore wind cluster in Taiwan with five other companies. Because of the industry’s increasing focus on keeping cost down – including the cost of energy, we have decided to enter into a collaboration ...
2019-10-15 08:46:56
Hywind Tampen finally got FID [Offshore]
Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. Today, two updated plans for development and operation will be submitted to Norwegian authorities. The o...
2019-10-15 08:44:35
Foreship partners with Vaaka to realize ambitions [General]
Private equity investor Vaaka Partners has become the majority shareholder of Foreship LTD, a Finnish company specializing in ship design and engineering. With headquarters in Helsinki, Finland and more than 100 naval architects and marine engine...
2019-10-15 08:43:37
Hamburg in plan for shore power [Shipping]
Instead of burning fossil fuels to generate shipboard electric power, in future vessels in port should be using renewable shore-based energy. The German government is now launching appropriate measures to promote shore-generated power. Along with...
2019-10-15 08:42:44
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