China sees poor order intakes [Market Information]
For the first two months of 2019, vessels of a combined 6.37m dwt were delivered from Chinese shipbuilding industry, down by 3.9% year-on-year, the China Association of the National Shipbuilding Industry (CANSI) has recently announced.  C...
2019-04-05 16:01:43
VEB.RF to arrange massive financing for Zvezda’s newbuildi... [Finance]
Russian development bank VEB.RF is poised to grant massive financing to Zvezda Shipbuilding Complex (SSC Zvezda), sources told. Local media reported that VEB.RF Deputy Chairman Nikolai Tsekhomsky said the bank is mulling on a total of around R...
2019-04-05 15:14:45
HMD bags another Meiji PC series [Shipbuilding]
Meiji Shipping of Japan, who had ordered a series of MR product carriers earlier this year, placed MR series at Hyundai Mipo Dockyard (HMD). It seems the order is a response to Shell’s ‘Project Solar.’ TradeWinds reported that the shippi...
2019-04-05 14:30:18
LR grants approval for DSME 'Solidus' [Equipment]
Daewoo Shipbuilding & Marine Engineering (DSME)’s ‘Solidus’ LNG containment system achieved unconditional general approval from LR, leading classification society. The approval followed 2017’s design approval from the same societ...
2019-04-05 14:22:11
ClassNK provides support with 2020 Sulphur Cap [Shipping]
Leading classification society ClassNK has developed “Guidance for onboard use of Compliant Fuel Oil with SOx regulation from 2020” and an implementation plan sample for switching to compliant fuel oil in order to support the industry in comp...
2019-04-05 11:35:46
ABS grants AIPs for Hudong-Zhonghua gas carriers [Shipbuilding]
ABS has granted Approval in Principle (AIP) to two new gas carrier designs from Hudong-Zhonghua Shipbuilding. The two new vessel designs are for a 200,000cbm LNG Carrier and a 147,000cbm Very Large Ethane Carrier (VLEC). “ABS is proud to ...
2019-04-05 11:02:43
SHI-Wärtsilä to co-develop efficient vessel solutions [Shipbuilding]
The technology group Wärtsilä and Samsung Heavy Industries (SHI) have signed a Joint Development Project (JDP) agreement aimed at establishing a more efficient solution for LNG Carrier and Shuttle Tanker vessels. Overall cost optimisation, incl...
2019-04-05 11:01:22
MAN Cryo delivers LNG fuel system to Italian ferry [Equipment]
An Italian ferry with a marine LNG fuel-gas supply system has entered service. MAN Cryo – MAN Energy Solutions’ marine LNG fuel-gas-system manufacturer – installed the system aboard the ‘Elio’ at the Sefine Shipyard in Yalova, Turkey. E...
2019-04-05 08:49:13
ABS signs partnership with Mission Secure [Equipment]
ABS Advanced Solutions (ABS) announced a partnership with Mission Secure™ Inc. (MSi) to provide more comprehensive and streamlined cyber protection. Building on the success of the FCI Cyber Risk™ Methodology, integration of the MSi platfor...
2019-04-05 08:48:37
Inmarsat expands services in India [Equipment]
Inmarsat, the world leader in global mobile satellite communications, today announced that its Indian telecommunications partner, BSNL, has received an In-Flight and Maritime Connectivity (IFMC) license from the Government of India’s Department...
2019-04-05 08:45:53
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