Nodosa wins cargo vessel duo [Shipbuilding]
Havyard has been awarded the designs of two more cargo vessels.  After commissioning the Norwegian shipbuilding group's Havyard Design & Solutions to design two cargo vessels  last July, Royal Arctic Line turns out to have ordere...
2019-03-11 16:24:16
YZJ scores MR PC quartet [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ) turns out to have won four 50,000 dwt product carriers from its affiliate shipowner Yangzijiang Shipping.  Ren Yuanlin, President of YZJ, noted through an interview with TradeWinds, "Yangzij...
2019-03-11 16:07:43
Awilco orders another semi-sub rig from Keppel [Offshore]
Awilco Drilling PLC revealed that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 8 March 2019 has declared its option with Keppel FELS shipyard in Singapore for the building of one new CS60 ECO MW semi-submersible drilling rig. The r...
2019-03-11 15:53:59
$3bn needed for modernization of Zvezda [Finance]
The government of Russia has estimated that costs for the modernization of its state-run shipyard Zvezda Shipbuilding Complex (SSC Zvezda) would reach about RUB 202bn (about $3.06bn). According to Interfax, Russian companies like Rosneft, Rosn...
2019-03-11 15:46:28
DSME workers do object to M&A [General]
Regarding a formal contract Hyundai Heavy Industries (HHI) Group signed with Korea Development Bank (KDB) for acquiring Daewoo Shipbuilding & Marine Engineering (DSME), the labor union of DSME claimed that it is a closed-door collusion that e...
2019-03-11 15:07:45
Big synergy expected from HHI's DSME takeover [Shipbuilding]
KB Securities announced on March 11, "A significant synergy effect is expected in economy of scale, avoiding overlapping investments, purchase and R&D when Hyundai Heavy Industries (HHI) takes over Daewoo Shipbuilding & Marine Engineeri...
2019-03-11 14:23:58
Wärtsilä covers BWMS for Eletson’s fleet [Equipment]
The technology group Wärtsilä’s dual technology option for Ballast Water Management Systems (BWMS) will enable Greece based operator Eletson Corporation to have its entire fleet retrofitted from a single provider. A total of 23 product oil, c...
2019-03-11 11:09:58
MacGregor receives equipment orders [Equipment]
MacGregor, part of Cargotec, has secured orders to provide port, cruise access and equipment for RoRo/Passenger (RoPax) ferries from Europe and China. The total order value is approximately EUR 22 million. The orders were booked into Cargotec's f...
2019-03-11 10:39:06
Fincantieri acquires stakes in GIN [Shipbuilding]
Genova Industrie Navali (GIN) – holding founded in 2008 from the merger of two historical shipyards in Genoa, T. Mariotti and San Giorgio del Porto – and Fincantieri have reached a cooperation agreement covering different areas, from new buil...
2019-03-11 10:09:36
Blockchain can revitalize trust in seafood industry [General]
Blockchain could boost the transparency of the aquaculture sector by providing a means to trace and record the entire fish supply chain. According to a new report by DNV GL and Deloitte, data from the ‘bait to plate’ could be stored in a publ...
2019-03-11 08:37:18
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