"Shipbuilders' recovery continued in 2018" [Market Information]
It turned out that a recovery trend continued in global shipbuilding industry last year, after hitting rock bottom in 2016 when shipyards suffered from order drought.  Steve Gordon, Managing Director of Clarksons Research, has recently ex...
2019-02-08 16:22:37
Frontiers gather to build e-Navigation platform [Shipping]
The Ministry of Oceans and Fisheries (MOF) of Korea announced the creation of the international consortium, which would nurture the Maritime Connectivity Platform (MCP), the essential basis of e-Navigation services. The consortium consists o...
2019-02-08 16:14:19
Uljanik to be embraced by compatriot rival [Shipbuilding]
Distressed Uljanik Group has chosen a compatriot rival shipbuilder Brodosplit as a new strategic partner. The company recently announced through a regulatory filing that Brodosplit is chosen as a new strategic partner, and the partner company ...
2019-02-08 15:35:58
3. Maj grabs a car carrier [Shipbuilding]
3. Maj Shipyard under Uljanik Group has won a new car and truck carrier in a turmoil, it is said. Sources told that the Commercial Court in Rijeka, which was about to proceed with the bankruptcy of 3. Maj, has postponed the decision by Februar...
2019-02-08 15:28:17
Uljanik got canceled additional contracts [General]
Uljanik is being bombed with additional cancellations in a row. The distressed shipbuilding group announced on January 28 through a regulatory filing at Zagreb Stock Exchange that the contracts for a 26,600-dwt Cutter Suction Dredger (hull no....
2019-02-08 14:33:46
ABS grants AIP for DSIC designs [Shipbuilding]
ABS granted Approval in Principle (AIP) to two LNG powered designs from China’s Dalian Shipbuilding Industry Group Co (DSIC). DSIC’s designs include a 208,000 dwt bulk carrier and a concept 260,000 dwt Very Large Ore Carrier (VLOC). “...
2019-02-08 11:55:21
BHGE to supply equipment for Golden Pass [Equipment]
Baker Hughes, a GE company (NYSE: BHGE), announced it will supply turbomachinery equipment for the construction of the Golden Pass LNG export facility in Sabine Pass, Texas. The project is expected to produce around 16 million tons per year of LNG....
2019-02-08 11:37:15
MHI Appoints Seiji Izumisawa as CEO [People]
Mitsubishi Heavy Industries, Ltd. (MHI) today announced executive-level personnel changes effective March 31 and April 1, 2019 and made nominations for Directors to be proposed to the 94th Ordinary General Meeting of Shareholders scheduled for Ju...
2019-02-08 11:36:18
MHI Appoints Seiji Izumisawa as CEO [General]
Mitsubishi Heavy Industries, Ltd. (MHI) today announced executive-level personnel changes effective March 31 and April 1, 2019 and made nominations for Directors to be proposed to the 94th Ordinary General Meeting of Shareholders scheduled for Ju...
2019-02-08 11:35:57
HHLA utilizes mobile power storage units [General]
At the start of the new year, Hamburger Hafen und Logistik AG (HHLA) and its partners began research and development work on the publicly funded FRESH  project at its Container Terminal Altenwerder (CTA). FRESH stands for flexibility managem...
2019-02-08 08:41:01
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