MOF ready to grant pro-environment aids [Finance]
The Ministry of Oceans and Fisheries (MOF) of Korea announced that the ministry selected the beneficiaries of its ‘2019 environmental marine equipment aid program.’  According to the statement, 16 shipping companies’ 113 ships and 12 s...
2019-04-17 15:55:07
Ideas gathered for economical LNG retrofit [Equipment]
Nanyang Technological University (NTU) of Singapore, DNV GL, and Shell have jointly held a contest for more economical LNG retrofit for ships, to select winners recently. The contest named as ‘Low-Cost LNG Retrofit (LCLR) Challenge’ was jo...
2019-04-17 14:33:21
Spring has come to MR tanker segment [Shipbuilding]
MR tanker market is gradually improving ahead of 2020 sulfur cap. Choi Kwang-Sik, a researcher at Hi Investment & Securities, reported that a gradual increase in demand and a moderate tonnage growth have supported the market prospect for M...
2019-04-17 14:08:39
Scorpio Bulkers announces more S&LB deal [Finance]
Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers,” or the “Company”) announced today that the Company has agreed to sell and leaseback six Ultramax vessels (SBI Antares, SBI Bravo, SBI Hydra, SBI Leo, SBI Lyra and SBI Maia) to AVIC Inte...
2019-04-17 11:05:54
GTT-DSEC to cooperate for Shell Prelude [Equipment]
GTT has selected DSEC to collaborate on the GTT Support Services related to the Membrane Cargo Containment System (CCS) of the Shell – operated Prelude FLNG facility. This agreement associating GTT and DSEC’s capabilities for maintenance a...
2019-04-17 11:04:55
FueLNG achieves Singapore’s 100th LNG bunkering [Shipping]
FueLNG, a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd, has set a new industry milestone for Singapore with the completion of its 100th LNG bunkering operation with no loss-time inc...
2019-04-17 11:03:27
ABB to develop new car charger in Japan [General]
Pioneering technology leader ABB has teamed up with Porsche Japan to develop a dedicated high-power charger for Porsche’s electric vehicles (EVs) in Japan. ABB has entered into an agreement to deliver its market-leading electric vehicle infr...
2019-04-17 08:39:03
QP issues EPC ITT for NFE [General]
Qatar Petroleum announced that it has issued the Invitation to Tender Package for Engineering Procurement and Construction (EPC) of the four Liquefied Natural Gas (LNG) mega-trains of its North Field Expansion (NFE) project. The package has be...
2019-04-17 08:38:07
Emerson introduces roadmap for DT [General]
Emerson announced a Digital Transformation Roadmap with consulting and implementation services to help companies develop and execute a tailored digital transformation plan to reach Top Quartile performance. The manufacturing industry is focuse...
2019-04-17 08:37:25
World's first electric freefall lifeboat floats [Equipment]
Torqeedo provided the integrated propulsion system for the world’s first electric-powered freefall lifeboat, which is being built by the Dutch builder Verhoef. The vessel recently passed its final drop tests, making it the first fully functiona...
2019-04-17 08:36:08
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