KSOE CEO released the first statement [General]
Korea Shipbuilding & Offshore Engineering (KSOE) CEO Kwon Oh-gap released his first official statement on June 11. The statement included a few important points: ▲KSOE would be a paradigm changer ▲KSOE needs to be the frontline against...
2019-06-11 16:26:03
SM Solution-KAIRONG sign cooperative MOU [Equipment]
SM Solution of Korea announced that the company signed cooperative MOU on the supply of marine equipment products with KAIRONG of China. The MOU stipulates the future cooperation and mutual growth in both countries’ marine equipment market.&...
2019-06-11 15:39:21
DSME buys more time against public tender ban [General]
The Court suspended the effect of the public tender ban on Daewoo Shipbuilding & Marine Engineering (DSME). The Seoul High Court acknowledged DSME’s appeal for suspension of execution against the ban, which was inflicted by the Korea Fai...
2019-06-11 15:16:00
Shell to start OML 144 venture [Offshore]
Royal Dutch Shell is drawing plans for OML 144 shallow water gas field offshore Nigeria. Multiple sources reported that Shell is aiming the first production in 2025 from the field, with an estimated reserve of 6TCF of gas and 15m barrels of co...
2019-06-11 14:23:45
First LNG Cargo shipped from Prelude FLNG [Offshore]
Shell, along with its Joint Venture Partners INPEX, KOGAS and OPIC, today announced that the first shipment of Liquefied Natural Gas has sailed from Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility located 475kms North East of Bro...
2019-06-11 10:52:32
Russia-China tie in NSR [Shipping]
PAO NOVATEK (“NOVATEK”), China COSCO SHIPPING Corporation Limited, PAO Sovcomflot and Silk Road Fund (the “Parties”) signed an Agreement in respect of the Maritime Arctic Transport LLC (“MArT”). According to the Agreement, the Part...
2019-06-11 08:35:51
“Dubai Maritime Virtual Cluster” proves strong attractio [General]
The "Dubai Maritime Virtual Cluster" platform, under the umbrella of the Dubai Maritime City Authority (DMCA), has drawn strong interest from visitors to Nor-Shipping 2019, which is currently underway in Oslo and Lillestrøm. The number of attend...
2019-06-11 08:33:25
Kongsberg unveils new tunnel thrusters [Equipment]
Kongsberg Maritime has unveiled a new series of tunnel thrusters designed to meet demand from the merchant marine sector for a system that is less complex to install, easier to maintain, and more cost-effective to operate than existing thrusters ...
2019-06-11 08:32:37
Shell engine oil significantly improves efficiency [Equipment]
Shell Marine has provided clear evidence of the cost savings available when a customer chooses its medium-speed engine oil Shell Gadinia, after PT Indo Container Line (ICON Line) confirmed that reduced lubricant consumption led to longer oil-drai...
2019-06-11 08:32:06
MOL sends cadets to NSR [Shipping]
On 5th June, 2019, Mitsui O.S.K. Lines, Ltd. (MOL: President & CEO: Junichiro Ikeda) signed a Memorandum of Understanding ("MOU") with the Admiral Makarov State University of Maritime and Inland Shipping ("Makarov University") during a meetin...
2019-06-11 08:29:15
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