Chinese yards join hands for small bulker newbuildings [Shipbuilding]
Jiangsu Dajin Heavy Industry, a subsidiary of Shanghai Bestway Marine, is cooperating with Yangzijiang Shipbuilding (Holdings) Group (YZJ) for the construction of two 8,000-dwt bulkers it won from Aston, Russia’s largest foodstuff trader. So...
2019-05-09 15:21:38
New Times scoring winning streak [Shipbuilding]
New Times Shipbuilding of China is recording a streak of newbuilding contracts since the beginning of the year. Italian ship broker Banchero Costa reported that H-Line Shipping has ordered two 208,000-dwt Newcastlemax bulkers at the yard for d...
2019-05-09 15:06:28
Algoma exercised option at YZJ [Shipbuilding]
Canadian shipowner Algoma Central has announced that it exercised an option for an Equinox Class bulker at Yangzijiang Shipbuilding (Holdings) Group (YZJ). The Seawaymax newbuilding, with 226m of length and 24m of width, would be built with th...
2019-05-09 14:53:47
KOSEP to order first 90K LNG-powered ship [Shipbuilding]
Korea South-East Power (KOSEP) is poised to order Korea’s first 90,000-dwt LNG-powered coal carrier in a tender. Sources told that KOSEP would order the ship within May and HSHI, HMD, Daehan, STX are mentioned as possible contractors. The...
2019-05-09 14:22:49
Maersk Drilling to launch hybrid, low-emission rig [Offshore]
Combining hybrid power, data intelligence and cleaning technology, the Maersk Intrepid will push the boundaries for low-emission drilling on conventionally powered offshore rigs. A new technological standard for low-emission drilling on the ...
2019-05-09 10:21:05
Sovcomflot concludes LNGC financing facility [Finance]
Sovcomflot (SCF Group) has signed a new USD 297 million limited recourse credit facility, for up to ten years, with three leading international banks: ING Bank; KfW IPEX-Bank, and Crédit Agricole Corporate and Investment Bank. The funds will ...
2019-05-09 10:19:43
Becker Mewis Duct gaining popularity [Equipment]
Within ten years, the Becker Mewis Duct® has become a globally successful product. Demand for the energy-saving device is rising again as the new IMO environmental guidelines come into force next year. Accordingly, there will be great interest a...
2019-05-09 08:54:16
SMM's interior fair spotlights changing tastes [Equipment]
From neutral and minimalistic to lavish and luxurious, the bandwidth is impressive: While a standard cabin on board a ferry for a night crossing between two ports mainly has to meet practical requirements in a compact format, a custom “Panorama...
2019-05-09 08:52:47
ADNOC selects VIKING for safety servicing [Equipment]
Abu Dhabi-based shipping company, ADNOC Logistics & Services entrusts its entire safety equipment servicing to VIKING with a five-year contract.   Maritime safety equipment manufacturer and global service provider VIKING Life-Saving Eq...
2019-05-09 08:50:27
Team Tankers selects Selektope coating [Equipment]
Bermudan tanker owner and operator Team Tankers International has committed four additional ships to using the protection of the anti-barnacle active agent Selektope® following distinguished fouling prevention performance during a 40-month trial...
2019-05-09 08:49:45
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