Japan sees 46% upturns in ship exports [Market Information]
Shipbuilders in Japan posted 14 units of a combined 670,000 gt (280,000 cgt) in their new export orders in January 2019, up by about 46% year-on-year in gt terms. For the last month, according to the Japan Ship Exporters' Association (JSEA), s...
2019-02-28 16:24:59
KR ups newbuilding market share by 3.8% [General]
Korean Register of Shipping (KR) held the 57th regular general meeting on February 27 at Seoul. Participated members were briefed on the class society’s 2018 performance and changes. KR said that even with a harsh competition in the class...
2019-02-28 16:19:20
Four contenders align for Subic race [General]
It is understood that four global companies have expressed intentions to acquire HHIC-Phil. The administrator of Subic Bay Metropolitan Authority (SBMA) Wilma Eisma said that there is no Chinese company among them, sources quoted. Eisma s...
2019-02-28 15:57:46
JMU signs order for a domestic LNGBV [Shipbuilding]
Japan Marine United (JMU) has signed a shipbuilding contract with compatriot Ecobunker Shipping to build one 2,500-cbm LNG bunkering vessel. JMU announced Wednesday that the LNGBV newbuilding is part of the government's Tokyo Bay STX Bunkering...
2019-02-28 15:14:20
CIMC Sinopacific wins world's largest LNGBVs [Shipbuilding]
China's CIMC Sinopacific Offshore has won the world's largest LNG bunkering vessel newbuilding order. Industry sources and foreign media reported Thursday that the Chinese shipyard has signed a shipbuilding contract with Stolt-Nielsen Gas for ...
2019-02-28 15:13:42
Fincantieri enjoyed record high 2018 [Shipbuilding]
It turned out that the company’s logbook reached EUR33.8bn (around $38.4bn), which is the highest in the company’s history. The revenue also had increased by 9% to EUR5.5bn. Net profit, on the other hand, recorded EUR69m, an impressive growth...
2019-02-28 14:49:51
KOBC signs MOU with VesselsValue [Photo News]
Korea Ocean Business Corporation (KOBC) is tieing with a global specialist agency to enhance its vessel valuation service for shipowners and banks. KOBC signed an MOU on cooperation in vessel valuation services with VesselsValue, a UK maritime...
2019-02-28 14:28:26
KOBC signs MOU with VesselsValue [Shipping]
Korea Ocean Business Corporation (KOBC) is tieing with a global specialist agency to enhance its vessel valuation service for shipowners and banks. KOBC signed an MOU on cooperation in vessel valuation services with VesselsValue, a UK maritime...
2019-02-28 14:27:12
Samsung envisioning repair yard in Egypt [Shipbuilding]
Samsung Heavy Industries (SHI) might build Egypt’s proposed repair yard, sources told. Local media including Mubasher and El Watan reported on February 27 that delegates from Egyptian government had visited Korea to discuss economic cooperat...
2019-02-28 13:39:37
Teekay and Samsung opt for Hydroniq Coolers [Equipment]
Norwegian supplier Hydroniq Coolers has won contracts from Samsung Heavy Industries Co. Ltd. to deliver the cooling system for the engines of the six LNG-fuelled shuttle tankers the shipbuilder is constructing for Teekay Offshore. Under the co...
2019-02-28 11:16:15
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