Korea to develop micro reactor for marine use [Equipment]
Korea is envisioning ‘micro nuclear reactor’ for marine application. A joint development partnership named ‘MINERVA’ (MIcro Nuclear Energy Research and Verification Arena) was launched on June 27. The partnership includes six univer...
2019-07-01 16:18:10
KR finished a year of IACS chairship [General]
The Korean Register of Shipping (KR) finished its 1-year chairship at IACS (International Association of Classification Societies) on June 30. KR Chairman Lee Jeong-kie has been the Chairman of IACS for a year from July 1, 2018, and KR Directo...
2019-07-01 15:51:36
SHI nets KRW130bn ship [Shipbuilding]
Samsung Heavy Industries (SHI) announced on July 1 through a regulatory filing that a European shipowner has ordered one special purpose ship at KRW134.8bn, or $120m. The delivery of the ship, which is subject to the approval of the board, would ...
2019-07-01 14:34:53
Ocean Yield buys newcastlemax ship [Shipping]
Ocean Yield ASA ("Ocean Yield" or the "Company") announced that the Company has agreed to acquire one 206,000 dwt newcastlemax dry bulk newbuilding for a total consideration of USD 40 million net of a seller's credit, with 15 -year bareboat chart...
2019-07-01 11:11:55
Tsuneishi won bulker deal from compatriot outfit [Shipbuilding]
TSUNEISHI SHIPBUILDING Co., Ltd. has received its first order from a shipowner in Japan for several 42,000-metric-ton log and bulk carriers TESS42. With growing demand for cargo transport due to economic growth in Asia, the company foresaw the ...
2019-07-01 11:10:27
Foreship's monitoring used for ship design [Column/Contribution]
Performance monitoring has become a routine part of managing and enhancing vessel operating efficiency. The data collected can also contribute to ship design decisions, writes Matthew Patey, Senior Specialist for Ship Dynamics, Foreship Ltd ...
2019-07-01 09:18:19
Damen builds eco-efficient tug for BALEÀRIA [Shipbuilding]
Damen Shipyards Group has signed a contract with Spain-based major ferry operator Baleària for the delivery of a Stan Tug 1606 E3. The contract was signed by Mr. Ettore Morace and Guillermo Alomar, executive director of operations and fleet dire...
2019-07-01 08:54:48
Bladt to build Vineyard substation [Offshore]
Vineyard Wind LLC (Copenhagen Infrastructure Partners and Avangrid Renewables) and Bladt Industries have signed a contract for fabrication and delivery of the Vineyard Wind project’s offshore substation. The Vineyard Wind project will be first ...
2019-07-01 08:54:04
Kongsberg wins two deals at Expo [Equipment]
Kongsberg Maritime has received two of the Electric & Hybrid Marine Awards presented at an award ceremony in Amsterdam. The company received the Innovation of the Year award for its SAVe Energy lithium-ion energy storage system, and the Propu...
2019-07-01 08:52:43
Sapura won first OWF contract [Offshore]
Sapura Energy Berhad (Sapura Energy) has been awarded 10 new contracts for its Engineering & Construction and Drilling segments, valued at approximately RM1 billion. The new contract wins, secured across Malaysia, Thailand, Taiwan and Austral...
2019-07-01 08:51:37
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