184% up in Japan's ship export deliveries [Market Information]
Japanese shipbuilders have seen a 20% year-on-year decrease in their new orders for exports last February, with a total of 13 vessels (710,000 gt, 280,000 cgt) awarded.   Last month, according to the Japan Ship Exporters' Association...
2019-03-22 16:09:19
HMM leading scrubber fund [Finance]
Hyundai Merchant Marine (HMM) announced on March 21 that Korean maritime players including HMM signed an MOU for scrubber installation. The signing ceremony was held at the Korea Shipowners' Association (KSA), in the presence of around 50 high...
2019-03-22 16:03:02
Jiangnan bags 5+5 boxships [Shipbuilding]
Danish international container shipping company Maersk Line ordered up to 10 containerships from China's state-owned Jiangnan Shipyard. According to foreign press, the two companies have recently signed a formal contract for building 5+5 2,200...
2019-03-22 15:12:34
Bohai added more Newcastlemax ships [Shipbuilding]
Berge Bulk of Singapore has exercised an option for two Newcastlemax bulkers at Bohai Shipbuilding Heavy Industry (BSHIC) of China. Sources told that two 208,000-dwt Tier II bulkers cost relatively low $45m apiece, and scheduled delivery is in...
2019-03-22 15:07:54
25K boxship design drafted by COSCO [Shipping]
A ship designing arm of COSCO Shipping has developed 25,000-teu ULCS design for the first time in the world, it is reported. Sources said that Shanghai Ship and Shipping Research Institute (SSSRI) under COSCO Shipping has developed the design,...
2019-03-22 15:07:16
Samsung signs LNG carrier with Asian owner [Shipbuilding]
Samsung Heavy Industries has signed a newbuilding order for LNG carrier with an Asian shipowner. The Korean large shipbuilder revealed today in a regulatory filing that it signed a contract with an Asian owner for one LNG carrier worth about K...
2019-03-22 14:09:48
"SHI is transforming Nigeria into African FPSO hub" [Offshore]
Nigerian Content Development and Monitoring Board (NCDMB) stated that Samsung Heavy Industries (SHI) has “transformed the country into FPSO construction hub,” local new outlet Vanguard quoted. NCDMB Executive Secretary Simbi Wabote was quo...
2019-03-22 14:04:02
KOBC welcoming applicants for NB aid program [Finance]
The Korea Ocean Business Corporation (KOBC) is receiving applications for 2019 newbuilding aid program from March 20. The program is arranged to support domestic shipping companies who are planning to add new, efficient, green tonnages in the fle...
2019-03-22 13:47:25
Damen Yichang cut steel for LNGBV [Shipbuilding]
On March 18, 2019, a ceremony was held at Damen Yichang Shipyard, China, to mark the start of cutting steel for the first of a planned series of short-sea LNG Bunker vessels to be built for Eesti Gaas of Estonia. The 6,000m³ capacity vessel and ...
2019-03-22 11:23:39
GasLog announces eight-year charter with Endesa [Shipping]
GasLog Ltd. ("GasLog") (NYSE:GLOG) announced the signing of a new long-term charter party agreement with a wholly owned subsidiary of Endesa, S.A. (“Endesa”) for its existing uncommitted newbuild vessel, the GasLog Warsaw. GasLog is scheduled...
2019-03-22 10:39:51
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