NB market sluggish in 1H [Market Information]
There was very poor contracting in global new order sales for the first half of 2019, and the new order intakes hit a historic low for the second quarter particularly. From January to June this year, according to VesselsValue, global bulker co...
2019-07-12 16:17:56
Korea maintained its No.1 in global contracting [Market Information]
Of global contracting in June this year (18 vessels of a combined 660,000 cgt), six units of 340,000 cgt were ordered at Korean shipyards. With this, Korea became the largest country builder two months in a row, beating China with seven vessels o...
2019-07-12 16:17:39
Siemens to supply FPSO gas turbine package [Equipment]
Siemens will supply 34MW SGT-A35 gas turbine power generation package for MODEC’s FPSO. Sources said that the aeroderivative gas turbine is modularized for easy maintenance with the lightweight. The FPSO would be deployed at ‘Area 1’ ...
2019-07-12 16:04:41
HSHI-built BCs to be powered by LNG [Shipbuilding]
H-Line Shipping has ordered two LNG-powered 180,000-dwt bulkers at Hyundai Samho Heavy Industries (HSHI). The Ministry of Oceans and Fisheries (MOF) of Korea announced that the contract would introduce the first LNG-powered ships at the West Coas...
2019-07-12 15:24:30
HSHI-Zvezda to build TKs jointly [Shipbuilding]
Hyundai Samho Heavy Industries (HSHI) signed an agreement with Zvezda Shipbuilding Complex (SSC Zvezda) to jointly build four 114,000-dwt Aframax dual fuel tankers. Sources said that HSHI had already signed a similar deal with Zvezda for three...
2019-07-12 14:45:49
CSBC completed FGD installation on OOCL 13,000-teu [Equipment]
Taiwanese shipyard CSBC completed the installation of FGD package for one OOCL 13,000-teu containership. Sources told that CSBC has installed Flue Gas Desulfurization systems, or FGD, on the ship from May 22 to July 9. The flue is a duct wh...
2019-07-12 13:55:27
Pacific Green Technologies won scrubber deal [Equipment]
Pacific Green Technologies Inc. (the “Company”, OTCQB: PGTK), developer of the ENVI-Marine™ emission control system, today announces that Scorpio Tankers Inc. (“Scorpio Tankers”) has confirmed that it has ordered a further 14 ENVI-Mar...
2019-07-12 10:22:59
McDermott awarded offshore Contract by QP [Offshore]
McDermott International, Inc. (NYSE: MDR) announced it has been awarded a contract by Qatar Petroleum (QP) to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North F...
2019-07-12 10:21:37
Belships ASA expands fleet with 20th vessel [Shipping]
Belships ASA (OSE: BEL) has agreed a 10 year bareboat charter for a 64,000 dwt Ultramax bulk carrier newbuilding. The vessel will be delivered by a Japanese shipyard during the second half of 2021.  The estimated cash breakeven for the Ve...
2019-07-12 08:52:39
Titan LNG Performs Largest LNG Bunkering in the World [Shipping]
Titan LNG successfully completed the largest LNG bunkering in the world. HEEREMA’s new LNG fuelled crane ship ‘Sleipnir’ that was just completed in Singapore, was supplied with over 3000 metric tonnes of the chilled fuel. This is the larges...
2019-07-12 08:51:58
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