20 LNGCs ordered in 1Q only [Market Information]
It turned out that orders for at least 20 LNG carriers were placed at Korean, Chinese and Russian shipyards for the first quarter of 2019.  According to broker and consulting industry source, as well as TradeWinds, 16 of the newbuilds are...
2019-04-26 16:27:12
Offshore O&G investment to jump in 2019 [Market Information]
Halliburton of the US forecasts that this year's investment in offshore oil & gas segment will grow sharply.  The one of the world's largest oil field service companies has recently announced its 1Q business results, expecting total g...
2019-04-26 16:26:54
Chantiers de l’Atlantique ready for next five years [Shipbuilding]
French shipbuilder Chantiers de l’Atlantique has stacked five years of workload for itself, thanks to the boon in cruise and defense sector. The yard is investing a large sum of resources into R&D drive including ‘Smart Yard 2020’ st...
2019-04-26 15:50:37
Exmar poised to order VLGC in China [Shipbuilding]
Belgian owner Exmar is trying to move its newbuilding order of two 80,200-cbm VLGCs at HHIC-Phil to a Chinese yard. TradeWinds and other sources reported that the company and Jiangnan Shipyard are in the final phase of discussion for the const...
2019-04-26 14:10:28
Offshore wind forum held in Gunsan [Offshore]
North Jeolla Province of Korea held ‘International Offshore Wind Forum 2019’ on April 24 and 25 at Gunsan Saemangeum Convention Center. The event was arranged by the Korea Institute of Materials Science (KIMS) and the Korea Wind Energy Ass...
2019-04-26 13:33:50
Höegh Autoliners fixed 2020 strategy [Shipping]
Having chosen Very Low Sulphur Fuel Oil (VLSFO) and Low Sulphur Marine Gas Oil (LSMGO) for complying with IMO 2020, Höegh Autoliners is now preparing its fleet for the change in fuel. In the Bunker department, new bunker patterns are being plann...
2019-04-26 11:15:46
Newbuilding LNG carriers for Tokyo Gas named [Shipping]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that a naming ceremony for two newbuilding LNG carriers was held at the Tsu Shipyard of Japan Marine United Corporation (JMU; headquarters: Yokohama, Kanagawa Prefect...
2019-04-26 10:58:19
DFDS invests in a biofuel venture [Shipping]
The start-up company MASH Energy ApS produces bio-oil from agricultural waste. The CO2 neutral biofuel can be used in ships, and the residual product is an effective fertiliser. With its investment of up to DKK 10 million, DFDS is now co-owner of...
2019-04-26 10:56:46
Wärtsilä waterjet secures first implementation [Equipment]
The Wärtsilä WXJ series of modular waterjets, recently introduced by the technology group Wärtsilä, has quickly been selected for its first installation. A new 100 metres long, wave-piercing catamaran ferry being built for the Government of T...
2019-04-26 08:32:26
Wallem Group selects new MD [General]
John-Kaare Aune has been appointed the new Managing Director, Ship Management for the Wallem Group. He is expected to take up his position with effect from 1 July 2019. John joins Wallem from the Cayman Registry, where he was most recently Reg...
2019-04-26 08:31:35
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