Korea reclaims No.1 in May NB order [Market Information]
Korean shipyards recaptured the first place in the global new order competition last May. According to Clarksons Research, Korea ranked first in May with a total of 640,000 cgt (16 units) in global newbuilding orders, accounting about 60% of t...
2019-06-14 15:45:19
"Ammonia could be the fuel of future " [Shipbuilding]
C-Job Naval Architects, A Dutch marine architect located at Hoofddorp, recently published a paper arguing NH3 can be a safe and efficient marine fuel. The company conducted a study on an ammonia carrier using ammonia fuel. They found that the ...
2019-06-14 15:25:29
JMU may face business realignment [Shipbuilding]
A high official at JFE Holdings, a major shareholder at Japan Marine United (JMU), hinted a possibility of business realignment at the shipyard. Executive Vice President of JFE Masashi Terahata recently commented that changes in the shipbuildi...
2019-06-14 15:02:04
KSS LINE orders new VLGC at HHI [Shipbuilding]
KSS LINE ordered one 84,000-cbm VLGC at Hyundai Heavy Industries (HHI) with an option for one more. KSS LINE announced on June 12 through a regulatory filing that the company secured a KRW115-161bn chartering agreement from Spanish energy trad...
2019-06-14 14:32:26
President Moon strengthens tie with Norway [General]
During his state visit to Norway, Korean President Moon Jae-in had a summit with Prime Minister Erna Solberg. Prime Minister Solberg expressed friendship with Korea, pointing out democracy and constitutionalism as shared values of two countrie...
2019-06-14 14:00:22
Subsea 7 awarded contract offshore Norway [Offshore]
Subsea 7 S.A. announced the award of a substantial contract by Equinor for the Johan Sverdrup Phase 2 project, located in the North Sea, 160 kilometres west from Stavanger in Norway.  The EPIC contract comprises project management, engine...
2019-06-14 10:53:07
Partnership strengthens between DSME and DNV GL [General]
Daewoo Shipbuilding & Marine Engineering (DSME) and DNV GL have signed a framework agreement which will see them cooperate on joint development projects (JDPs) for future technologies in the shipbuilding and offshore plant industries. The agr...
2019-06-14 10:48:29
Cargill released sustainability report [Shipping]
Cargill released a collection of sustainability reports across four key businesses: Aqua Nutrition; Cocoa and Chocolate; Ocean Transportation; and Premix and Nutrition. The 2018 reports reflect Cargill’s comprehensive approach to sustainabil...
2019-06-14 08:49:28
SMD provides plough to BOSKALIS [Equipment]
SMD provides plough to BOSKALIS Soil Machine Dynamics Ltd announced that they have signed a contract to supply a 200Te Multi-Mode Pre Lay Plough to leading marine service provider Boskalis N.V. Set for delivery in spring 2020, the Pre Lay P...
2019-06-14 08:47:00
ONE to implement XVELA solution [Shipping]
Ocean Network Express (ONE) announced its plans to implement XVELA, the world’s first cloud-based collaborative network for ocean carriers and terminal operators, which enhances operational efficiency by ensuring real-time insights and control ...
2019-06-14 08:45:04
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[Interview: Danfoss Group] "NB market to be recovered"