China bags DF cement carriers [Shipbuilding]
Baltrader Capital of Germany has ordered two cement carriers at a Chinese yard, it is said. TradeWinds and other sources reported that Fujian Southeast Shipbuilding is to build the two ships for delivery from end-2020. The ships would be op...
2019-04-08 16:27:46
HSD Engine nets deal from DSME [Equipment]
HSD Engine announced through a regulatory filing on April 5 that the company and Daewoo Shipbuilding & Marine Engineering (DSME) have signed a provisional deal for marine engines. The value of the contract is KRW29.5bn, which accounts for ...
2019-04-08 15:50:51
Equinor expressed interest in Ulsan offshore wind [Offshore]
Equinor of Norway is expressing active interest in the proposed Ulsan floating wind farm project. Ulsan Metropolitan City announced that delegates from Equinor visited the city hall on April 3 to arrange preparations for an MOU, which would of...
2019-04-08 15:47:00
Big 3 expecting positive 1Q results [Shipbuilding]
Korean financial intelligence FnGuide estimated Hyundai Heavy Industry (HHI)’s Q1 operating profit to be KRW8.2bn. HHI logged KRW28.9bn of operating profit in Q3, 2018 thanks to changing orders in the offshore segment, however, Q4 recorded KRW2...
2019-04-08 15:40:12
Okeanis Eco Tankers has option for two HHI Suezmaxes [Shipbuilding]
Okeanis Eco Tankers Corp. (the “Company”) has been granted an option (the “Option”) by the Company’s Chairman (the “Sponsor”) to acquire two Suezmax newbuilding vessels to be constructed at Hyundai Heavy Industries delivering in Q3 ...
2019-04-08 14:18:49
Arriva to build hybrid bulker [Shipbuilding]
Arriva Shipping of Norway started its first yet quirky newbuilding project. Sources told that an 8,500-dwt bulker would be built at a Chinese yard to be outfitted in Norway. The contract has clauses for optional units, it is said, and the firm...
2019-04-08 14:02:39
Teekay Offshore got financing for new shuttles [Finance]
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) announced today that it has secured a new $414 million long-term debt facility that will be used to finance four LNG-fueled Suezmax DP2 shuttle tanker newbuildings.&nbs...
2019-04-08 11:30:29
PETRONAS to meet rising LNG demand [General]
PETRONAS, with its growing portfolio of LNG supply sources in Malaysia, Australia, Egypt and soon in Canada, is well-positioned to provide clean energy through its flexible and innovative LNG solutions to existing and new demand markets, as well ...
2019-04-08 11:03:14
FLEX LNG eyeing listing on NYSE [General]
FLEX LNG Ltd. announced that it has confidentially submitted a draft registration statement on Form 20-F to the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed listing of its ordinary shares on the New York Stock ...
2019-04-08 10:36:02
GEV mulling on yard proposals [Offshore]
Global Energy Ventures Ltd (ASX: GEV, the Company), the leading developer of global integrated marine compressed natural gas (CNG) projects, announced that all three selected ship yards have submitted comprehensive technical specifications within...
2019-04-08 08:38:17
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