HHIC resumes stock trading, again [General]
Hanjin Heavy Industries and Construction (HHIC) stocks, whose trading was suspended due to the capital impairment caused by HHIC-Phil and capital reduction thereafter, resumes its trading from May 21. The trading of HHIC stocks had been suspen...
2019-05-21 16:04:01
Arctic LNG 2 may invite more LNGCs [Shipbuilding]
Sovcomflot(SCF Group) is ordering four more LNG carriers for Arctic LNG 2 project, it is said. The industry and local media reported that Novatek and Sovcomflot are likely to sign an agreement for the four new LNG carriers in Summer at Zvezda ...
2019-05-21 15:28:32
Teekay secures money for SHI shuttle tankers [Finance]
Teekay Offshore Partners raises long-term financial facilities in Norway for four environment-friendly shuttle tankers. Norwegian Export Credit Guarantee Agency (GIEK) of Norway announced that in cooperation with Export Credit Norway, it provi...
2019-05-21 14:53:03
Japan has fed compatriot yards [Shipbuilding]
Latest data showed that during FY2018 (from April 2018 to March 2019), Japanese yards have taken orders for 214 ships at 10.69m gt (4.63m cgt), which is a yoy 7.3% growth in terms of gt. The bulker occupied the most significant part with 150 unit...
2019-05-21 14:22:09
NYK develops fuel additive for 2020 [Equipment]
NYK and Nippon Yuka Kogyo Co. Ltd., an NYK Group company, have jointly developed a new fuel-oil additive for low-sulphur compliant fuel-oil that meets SOx emission requirements. Yunic 800VLS (patent pending) is Japan’s first additive for very l...
2019-05-21 11:15:30
MAN secures propulsion and compressor deals [Equipment]
The  Jinling Shipyard  in China has ordered 4 × MAN 51/60DF engines in connection with the building of 1 + 1 × 230-metre-long RoPax vessels for TT-Line, the German ferry operator. The vessel will feature a complete MAN propulsion pa...
2019-05-21 11:14:06
Incat to build largest aluminum ship [Shipbuilding]
Australian shipbuilder Incat has secured a contract to build the world’s largest aluminium ship. Incat Tasmania Pty Ltd will build the 130 metre long ship for long standing customer, Buquebus to operate between Argentina and Uruguay. The ...
2019-05-21 11:09:44
Arctic LNG 2 and TechnipFMC sign EPC deal [General]
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facilit...
2019-05-21 11:08:07
Norway forms energy efficiency partnership [Equipment]
Kongsberg Maritime has formed a partnership with DOF, SINTEF Ocean and NORCE, which aims to reduce fuel consumption and greenhouse gas emissions for complex offshore operations, while streamlining fleet-wide maintenance. Enabled through sponso...
2019-05-21 08:57:39
Positive mood prevails in global wind market [Offshore]
An increasingly positive assessment of the world-wide market situation in both, the onshore and offshore segments, is reflected by the results of the most recent WindEnergy trend:index (WEtix) survey which was conducted among representatives of t...
2019-05-21 08:56:33
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