Wartsila posts a lukewarm quarter results [Shipbuilding]
Tech company Wartsila announced its first-quarter statement on April 25. The company commented that its Q1 order intake fell short of the expectation with around EUR1.42bn (about $1.58bn), due to the stagnating recovery of the maritime industr...
2019-04-30 16:01:46
SHI closed rather improving Q1 [Shipbuilding]
Samsung Heavy Industries (SHI) released its first-quarter results on April 29 through a regulatory filing. The revenue during the period, KRW1.4575trn, is a 7% growth from the previous quarter and yoy 18% growth at the same time. SHI is expect...
2019-04-30 15:35:22
HHI won a patent dispute against TMT [Shipbuilding]
Hyundai Heavy Industries (HHI) has won a patent dispute against Taiwanese operator Today Makes Tomorrow (TMT). Seoul Central District Court announced on April 29 that the court ruled against the plaintiff, Morimoto Nobuyoshi, TMT CEO. HHI and ...
2019-04-30 14:58:49
CSICL releases Q1 statement [Shipbuilding]
Shanghai-listed arm of CSIC, China Shipbuilding Industry Co Ltd (CSICL) recently announced its Q1 results through a regulatory filing. The company logged CNY535m of net loss when one-time gains are deducted during the first quarter of 2019, sh...
2019-04-30 14:34:39
Flex LNG signs $550m of financing for LNGCs [Finance]
Flex LNG LTD (OSE:FLNG) ("Flex LNG" or the "Company") announced that it has entered into a sale-charterback transaction with Hyundai Glovis Co.  Ltd. ("Hyundai Glovis") for the vessels Flex Endeavour and Flex Enterprise.  Under the agre...
2019-04-30 11:02:06
Exmar officialize LPG carrier order at Jiangnan [Shipbuilding]
EXMAR has entered into shipbuilding contracts with Jiangnan Shipyard for 2 LPG-fuelled 86,000 m³ gas carriers to transport LPG in an environment-friendly way. Both vessels are to be delivered ex yard respectively within the second and th...
2019-04-30 10:59:08
AIDAnova celebrated the Mediterranean's first LNG bunke... [Shipping]
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest leisure travel company, its Germany-based AIDA Cruises brand and numerous representatives from politics, port-related businesses and tourism celebrated the first-time ...
2019-04-30 08:32:32
Damen took INVASAVE 300 on demo tour [Equipment]
In less than five months, the IMO’s Ballast Water Convention will be extended to cover existing vessels as well as new builds. As of 8 September, all will be required to comply by the time of their first IOPP certificate renewal following that ...
2019-04-30 08:30:06
DEME to study floating wind with Equinor [Offshore]
DEME Offshore has signed an agreement with Equinor, a world leading pioneer in floating wind power, to undertake a study examining potential floating concrete substructures for the planned Hywind Tampen wind farm project in the North Sea off Norw...
2019-04-30 08:28:41
KSSS Award Ceremony successfully held [General]
The Korea Offshore & Shipbuilding Association (KOSHIPA) held KSSS (Korean Shipyards Safety Standardization) Award ceremony on April 26 in Busan with the support of four global oil majors including BP, Chevron, ExxonMobil, and Shell. The ce...
2019-04-30 08:27:10
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