HMD wins 'Project Solar' order again? [Shipbuilding]
An unknown shipowner is said to have negotiated with Hyundai Mipo Dockyard (HMD) about building up to eight MR product carriers (PCs) for Royal Dutch Shell's 'Project Solar', a large scale tanker business.    According to TradeWinds ...
2019-03-25 15:47:17
China CSSC returns to profit in three years [Finance]
China CSSC Holdings, a listed arm of China State Shipbuilding Corporation (CSSC), turns out to have turned to the black in 2018 after two years of losses, escaping from shares suspension on the Shanghai Stock Exchange (SSE).  The company ...
2019-03-25 15:15:54
HMD posts $2.1bn revenue in 2018 [General]
Hyundai Mipo Dockyard had the 45th shareholders' general meeting on March 25 at Hanwoori hall in its Ulsan head office. During the meeting, five proposed agendas such as △the 45th financial statements △revising some articles of association...
2019-03-25 14:46:56
Chinese fund eyeing NB FLNG duo [Offshore]
A private equity fund in China is expected to order two FLNGs worth $3bn from its compatriot yard. When a final investment decision (FID) is made on the gas field development project this year, according to foreign press, the FLNG duo is order...
2019-03-25 14:18:25
Incat Crowther Ferry for Samso Rederi [Shipbuilding]
Incat Crowther announced construction of a 35m Catamaran Passenger Ferry for Samso Rederi in Denmark. The Incat Crowther 35 will operate between the Aarhus and the island of Samso, an island of natural beauty sitting off the Jutland Peninsula....
2019-03-25 11:26:01
Awilco officially signed rig deal with Keppel [Shipbuilding]
Reference is made to the stock exchange release by Awilco Drilling PLC (“the Company”) on 8 March 2019 regarding the declaration of the first option rig. The Company now announced that its fully owned subsidiary Awilco Rig 2 Pte. Ltd. on 22 M...
2019-03-25 11:24:26
Royal IHC to build UAE dredger [Shipbuilding]
Royal IHC has signed a contract with National Marine Dredging Company (NMDC, based in Abu Dhabi, U.A.E.) to build yet another state-of-the-art trailing suction hopper dredger (TSHD). The new vessel builds on the excellent partnership & collab...
2019-03-25 10:35:20
UK-China research center opened for offshore wind [Offshore]
A new £2million joint UK-China offshore wind research centre has opened today (Thursday 21st March) in Yantai City, the highlight of a week-long trade mission to China for 11 innovative UK companies eager to explore opportunities presented by th...
2019-03-25 08:46:26
Wärtsilä equips Wasaline RoPax units [Equipment]
An integrated package of products, systems, and solutions from the technology group Wärtsilä will enable a new Wasaline RoPax ferry to be among the world’s most efficient and environmentally sustainable ships. NLC Ferry operates the Wasaline ...
2019-03-25 08:45:43
SeaRobotics Corporation launches SR-ENDURANCE 7.0 [Equipment]
SeaRobotics Corporation (SeaRobotics), announced the successful completion of its factory acceptance testing of its new entry into the Autonomous Surface Vehicle (ASV) Workboat market with the SR-Endurance 7.0 meter system. The system is optimize...
2019-03-25 08:44:44
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