DNV GL releases new report [General]
A new report from DNV GL, the global risk management and quality assurance company, has identified the ten technology trends, and their associated risks, that will shape industry and society in the coming decade. The rapid advancement of digitali...
2019-12-06 09:39:10
Diana signs charter deal with Ausca Shipping [Shipping]
Diana Shipping Inc. (the “Company”) announced on December 3 that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Kamsarmax dry bulk vessels, the m...
2019-12-06 09:35:50
LR awards AiP for LNG dual-fuelled VLCC design [Shipbuilding]
Lloyd's Register (LR) announced on December 3 that it has granted Approval in Principle (AiP) to China Merchants Energy Shipping Co., Ltd. (CMES), CNOOC Gas and Power Group, Dalian Shipbuilding Industry Co., Ltd. (DSIC), and Gaztransport and Tech...
2019-12-06 09:32:34
Total-MOL ink LNGBV charter deal [Shipping]
Total announced on December 4 that its Total Marine Fuels Global Solutions (TMFGS) and Mitsui O.S.K. Lines, Ltd. (MOL) have signed a long-term charter contract for a second large LNG bunker vessel, to be delivered in 2021. She will be positioned ...
2019-12-06 09:29:21
Jotun-COSCO Shiping renew JV agreement [Equipment]
It turned out that Jotun A/S and COSCO SHIPPING International Hong Kong Ltd have recently reinforced their commitment to one another with the renewal of their long-standing joint venture (JV) agreement. The JV, first signed in 2005, secures th...
2019-12-06 09:26:00
Norsepower-SWS develop VLCC design [Shipbuilding]
Norsepower Oy Ltd. has recently announced the completion of a joint development project with SWS (Shanghai Waigaoqiao Ship Building Co., Ltd) for developing an energy efficient dual fuel VLCC design that has gained approval in principle (AiP) fro...
2019-12-06 09:22:57
HMD wins one car ferry [Shipbuilding]
Hydex Storage, a newcomer in Korean coastal passenger ship business, ordered one car ferry from its compatriot shipbuilder Hyundai Mipo Dockyard (HMD) for deployment in the Incheon-Jeju sea route that has been opened for the first time since 2014...
2019-12-06 09:12:25
STX nets MR tanker duo [Shipbuilding]
STX Offshore & Shipbuilding (STX O&S) turns out to have won two MR tankers from Hong Kong's Island Navigation.  For the Hong Kong-based company, according to industrial source and TradeWinds, the latest order is rare case as it ha...
2019-12-06 09:11:36
Ship exports of Korea down 62% last month [Shipbuilding]
Korea's overall exports fell 14.3 percent year-on-year to $44.1bn in November, imports fell 13 percent to $40.73bn and the trade balance came to $3.37bn, marking the 94th consecutive month of surplus, government announced. The Ministry of Trad...
2019-12-06 09:10:29
2nd round repair starts on KC-1 LNGC duo [Shipbuilding]
The second round of repair works started on SK Shipping's KC-1 technology-applied LNG carrier duo (built 2018) last month. Congressman Jang Seok-chun's office recently received documents from KOGAS, relating to the Korea-developed LNG containm...
2019-12-06 09:09:22
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