Nisshin orders its first LNGC from Korean shipyard [Shipbuilding]
Japanese shipowner Nisshin Shipping has stepped into the growing LNG sector with a lone newbuilding order in Korea. According to shipbroking sources, the bulker and tanker owner broke into the LNG carrier arena by ordering one 174,000-cbm LNG ...
2019-03-28 15:50:49
Stena orders additional RoPax from AVIC [Shipbuilding]
Swedish operator Stena RoRo turns out to have ordered one additional RoPax ferry from AVIC International Holding Corporation of China.  According to industrial source and foreign press, the newbuild is the ninth 'E-Flexer' vessel of Stena...
2019-03-28 15:09:03
SHI sued by Petrobras [Offshore]
Samsung Heavy Industries (SHI) announced through a regulatory filing on March 27 that the Korean shipbuilder has been sued by Petrobras America INC, an affiliate of Petrobras International Braspetro B.V. (Petrobras), for charter rate being oversp...
2019-03-28 14:32:22
Nakilat and Maran establish a new joint venture [Shipping]
Nakilat has established a new joint venture (JV), ‘Global Shipping Co. Ltd.’, with shipping company Maran Ventures Inc. (Maran Ventures). Under the agreement, Nakilat will have a 60% stake in the JV while Maran Ventures will hold the remainin...
2019-03-28 11:24:40
MAN buys 40% stakes in H-TEC [Equipment]
MAN Energy Solutions announced on March 26 that the company acquires 40 percent of the shares of the electrolysis technology company H-TEC SYSTEMS. A contract confirming the partial acquisition was signed in Augsburg by Dr. Uwe Lauber, CEO of MAN...
2019-03-28 07:35:23
Austal inks U.S. navy contract [Shipbuilding]
Austal Limited (Austal) announced on March 26 that it has been awarded a new A$369 (US$261,776,539) million contract for two additional Expeditionary Fast Transport Ships (EPF) by the U.S. Navy. The contract award extends the EPF program to 20...
2019-03-28 07:27:22
HII wins U.S. Navy's 1st Flight II LPD [Shipbuilding]
Huntington Ingalls Industries (NYSE: HII) announced on March 26 that its Ingalls Shipbuilding division has received a $1.47 billion, fixed-price incentive contract from the U.S. Navy for the detail design and construction of the amphibious transp...
2019-03-28 07:24:12
Damen finishes refit of drillring rig [Offshore]
Damen Verolme Rotterdam (DVR) announced on March 26 that the company has completed a major refit of the Stena Drilling-owned 5th generation, semi-submersible drilling rig Stena Don. The vessel arrived at DVR in October 2018 and departed for her n...
2019-03-28 07:21:28
MacGregor to supply mooring systems for FPU [Equipment]
MacGregor, part of Cargotec, announced on March 26 that the company has received an order from China National Offshore Oil Corporation (CNOOC) to supply the on-vessel mooring system for a deepwater Floating Production Unit (FPU). The order is boo...
2019-03-28 07:18:57
Wartsila powers new tug boat duo [Equipment]
The engines and steerable thrusters supplied by the technology group Wärtsilä are delivering excellent performance for two new tug boats operated by the Turkish Directorate General of Coastal Safety. Following successful sea trials, the first v...
2019-03-28 07:14:38
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