Transcosmos takes over Interest Design [General]
Transcosmos inc. has recently announced that the company will complete the acquisition of all outstanding shares of Interest Design Inc. (Headquarters: Tokyo, Japan; President & CEO: Tadayuki Togashi). As a result, Interest Design Inc. will b...
2019-12-03 09:20:40
Tang appointed as Intellian VP [General]
Intellian announced on December 2 that it has appointed Mr. Cheng-Yu Tang as Vice President and Head of Asia-Pacific region, based in Hong Kong SAR, China. He reports to CEO, Eric Sung; and his appointment is in-line with Intellian’s plan to ma...
2019-12-03 09:16:49
MacGregor wins orders for port and naval sectors [Equipment]
It turned out that MacGregor, part of Cargotec, has secured orders to provide MacGregor equipment to a European port development project and TTS products to a naval project, also in Europe, with a total value of approximately EUR 8 million. Th...
2019-12-03 09:14:30
Singapore raises concerns on HHI-DSME Merger [Shipbuilding]
The Competition and Consumer Commission of Singapore (“CCCS”) has recently announcd that it completed its Phase 1 review of the proposed acquisition by Korea Shipbuilding & Offshore Engineering Co., Ltd. (“KSOE”) of a majority interes...
2019-12-03 09:10:23
'WindEnergy Hamburg 2020' to be held [General]
Public pressure to comply with the Paris Agreement is growing. The "Fridays for Future” movement has been drawing crowds to the streets around the world.  People demand action to combat the climate crisis. Policymakers ambitiously talk abo...
2019-12-03 09:06:03
QP completes first two jackets for NFE project [Offshore]
Qatar Petroleum has recently announced the completed fabrication of the first two jackets required for offshore facilities as part of its North Field Expansion (NFE) Project. Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaab...
2019-12-03 09:02:54
Inmarsat-ABB ink fleet data deal [Equipment]
Inmarsat and ABB Marine & Ports, two driving forces behind maritime digitalisation, have recently signed a milestone Master Supply Agreement. The implementation of the agreement tackles an obstacle identified by ship owners themselves which s...
2019-12-03 09:00:00
Imabari-JMU announce business tie-up plan [Shipbuilding]
Japan's two shipbuilding giants Imabari Shipbuilding and Japan Marine United (JMU) announced on November 29 that they entered into a basic agreement for capital and business tie-up. As for capital tie-up, Imabari considers acquiring the new co...
2019-12-03 08:54:04
Chinese yard group waiting for $4bn orders [Shipbuilding]
China Shipbuilding Group, the new shipbuilding giant of China, officially established on November 26 with the merger between CSSC and CSIC, is set to win mammoth orders early this month during the Marintec China 2019 event. Global shipping new...
2019-12-03 08:52:49
Northern arguing with DSME on drillship issue [Offshore]
Northern Drilling and Daewoo Shipbuilding & Marine Engineering (DSME) are at odds over drillship resale contract cancellation. On November 29, 2019, the offshore drilling company announced in its third quarter results report that on Octobe...
2019-12-03 08:47:21
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