"New HHI should stay in Ulsan" [General]
The mayor of Ulsan, Song Cheol-ho, visited Ulsan Hyundai Heavy Industries (HHI) Headquarter in Ulsan with six other community delegates to deliver signatures of Ulsan citizens. Around 1,500 citizens provided their signatures. After the meeti...
2019-05-23 16:13:08
Golar LNG to spin-off LNG carrier business [General]
Nasdaq-listed Golar LNG revealed its spin-off plan for TFDE LNG carrier business amid its first quarter result report. The company is planning to put more emphasis on FLNG and downstream assets. It envisions a long-term contract based LNG infr...
2019-05-23 15:21:43
KOBC sings MOU with UK intelligence outfit [Shipping]
KOBC sings MOU with UK intelligence outfit The Korea Ocean Business Corporation (KOBC) signed cooperative MOU with Maritime Strategies International (MSI) on May 16. MOU is signed for exchange of shipping market intelligence and future collabo...
2019-05-23 14:46:24
China delivers first intelligent ASD tugs [Shipbuilding]
Jiangsu Zhenjiang Shipyard has delivered China’s first intelligent tug boats. Sources told that the yard has delivered two Azimuth Stern Drive (ASD) tug boats to Tianjin Port Tug on May 20. The ships are understood to be the first tug ships ...
2019-05-23 14:06:27
Deadline for Sungdong revival plan extended [General]
The deadline for the rehabilitation plan of Sungdong Shipbuilding & Marine Engineering is extended again to July. The industry heard that Changwon District Court extended the submission deadline by two months, from May 22 to July 22. The C...
2019-05-23 13:49:28
Hyundai trio ink LNGCs and Tankers [Shipbuilding]
Hyundai Heavy Industries group announced on Thursday that its shipyards won new orders for two LNG carriers, four products/chemical tankers and two crude oil tankers. Hyundai Heavy Industries signed two 180,000-cbm LNG carriers worth around $3...
2019-05-23 11:11:37
MAN ES target Low-Pressure, Two-Stroke, Gas Engine [Equipment]
MAN Energy Solutions Two-Stroke Business Unit has announced that it has initiated the development of a low-pressure gas engine as a supplement to its existing, successful dual-fuel ME-GI engine. The company cites market demand as the rationale be...
2019-05-23 10:23:17
PETRONAS enhancing its LNG portfolio [Offshore]
PETRONAS achieved its first liquefied natural gas (LNG) drop by its floating LNG facility, PETRONAS Floating LNG Satu (PFLNG Satu) at the Kebabangan cluster field, 90 kilometres offshore Sabah, recently. Operated by Kebabangan Petroleum Operating...
2019-05-23 08:51:48
ABB to enable world’s first hydrogen river vessel [Equipment]
ABB will provide a power and propulsion solution for a newbuild vessel operating along the Rhône river in France to run entirely on hydrogen fuel cells ABB strengthens its position as the marine market’s frontrunner on hydrogen fuel cell te...
2019-05-23 08:49:57
Alfa Laval appoints new leader for EGCS [General]
Anders Lindmark, formerly Head of Alfa Laval PureBallast, has transitioned from ballast water treatment into another compliance application. As Business Unit President, Gas Systems, he now oversees the Alfa Laval PureSOx offering in exhaust gas c...
2019-05-23 08:49:24
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