Hyundai Glovis- Flex LNG sign S&CB contract [Shipping]
John Fredriksen’s LNG shipping company Flex LNG has signed a Sale-and-Charterback contract for two LNG carriers, sources said. With the contract, Flex Endeavour and Flex Enterprise are to be sold at a total of $420m, and subsidiaries of Flex...
2019-07-31 15:06:46
FSC expects a fair ruling from Japan [General]
On concerns that Japan might put a brake on Hyundai Heavy’s DSME (Daewoo Shipbuilding & Marine Engineering) acquisition, a Korean authority stated that Japan’s position is not identified. On a media report quoting concerns that Korea-J...
2019-07-31 14:51:47
Jobs increasing in the yards [Shipbuilding]
Among major Korean industries, only the shipbuilding industry is expected to enjoy more jobs in 2H. Textile, finance, car industries are expected to lose jobs, while semiconductor, display industries are maintaining 2H 2018 level, a survey said. ...
2019-07-31 14:22:47
Shanghai Vanx to design electric BC [Shipbuilding]
Shanghai Vanx Marine Tech is commissioned by Shanghai Hansun Shipping to design up to 20 electric bulkers. Sources said that the 16+2+2 units of 5,400-dwt newbuildings would be classed by CSS, and the yard to build them is not disclosed. Ea...
2019-07-31 13:47:33
McDermott and BHGE awarded contracts for Ichthys [Offshore]
McDermott International, Inc. (NYSE:MDR) and Baker Hughes, a GE company (NYSE: BHGE) announced that the companies were awarded contracts to provide a joint URF and SPS solution for the INPEX-operated Ichthys Liquefied Natural Gas (LNG) field deve...
2019-07-31 10:17:10
Chatsworth buys a Greek yard [Shipbuilding]
US investor Chatsworth Securities has acquired Elefsina Shipyards of Greece in cooperation with another Greek shipbuilder, Onex Elefsis Shipyards. Sources reported that the partners have recently agreed to acquire Elefsina according to Greek B...
2019-07-31 09:30:35
KR grants WPS certification to Korean Navy [Shipbuilding]
The Korean Register of Shipping (KR) awarded a certification of Welding Procedure Specification (WPS) to maintenance station in the Third Fleet of the Republic of Korea Navy (ROKN) on July 29.  The WPS is a guideline that provides detaile...
2019-07-31 09:30:14
Drydocks World to build HVAC platform [Offshore]
Drydocks World, the service provider to the marine, offshore, oil, gas and renewable energy sectors has signed a contract with Petrofac and end-client TenneT to carry-out the construction of a High Voltage Alternating Current (HVAC) Transformer S...
2019-07-31 08:58:57
GSP won multiple offshore contracts [Offshore]
GSP has signed a contract with TechnipFMC for the execution of various works within the Karish Gas Development Project in Israel. Technip FMC has been contracted to engineer, build and commission the entire project infrastructure under an EPCIC c...
2019-07-31 08:58:23
K-Line receives new coal carrier [Shipping]
Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) announced the delivery of “CORONA ZENITH,” an 88,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co., Ltd., Japan on 25 July 2019. CORONA ZE...
2019-07-31 08:57:29
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