HMD improves performance in Q2 [Shipbuilding]
Hyundai Mipo Dockyard (HMD) improved operating margin by 1.2%p in Q2 compared to Q1. The number went up from Q1’s around 2% to 3.2%. According to the company’s regulatory filing on July 24, the company’s Q2 revenue (tentative, separate b...
2019-07-25 16:27:55
HHI reopens offshore yard [Offshore]
Hyundai Heavy Industries (HHI) has started the work on King’s Quay semi-submersible FPS earlier this month. The work was HHI’s first offshore job in 47 months. After the design and engineering periods, HHI offshore division started the fab...
2019-07-25 14:36:51
Nokia to power KT’s marine LTE network [Equipment]
Korean network solution provider ETRON announced on July 24 through a regulatory filing that it signed a KRW6.5bn contract with KT for construction of the high-speed marine wireless network. ETRON provides hardware for the network by December 31,...
2019-07-25 14:06:32
Subsea 7 awarded contract offshore UK [Offshore]
Subsea 7 S.A. today announced the award of a sizeable contract to Seaway 7 for the Hornsea Two offshore wind farm project by Optimus Wind Ltd., a subsidiary of the Ørsted Group, for the installation of the entire inner array grid cable system. ...
2019-07-25 10:35:45
Ecochlor won Euronav deal [Equipment]
Ecochlor announced a contract to supply seven Euronav Suezmax and VLCC tankers with a ballast water management system (BWMS). The agreement comes with an option for Euronav to purchase an additional 30 Ecochlor systems for their vessels between 2...
2019-07-25 08:44:52
M40 module delivered for Dvalin project [Offshore]
Both management, employees, customers and suppliers were present during the sail away ceremony that took place on 18 July, outside the characteristic North Sea Hall at Aibel’s yard in Haugesund. Aibel has been responsible for the engineering...
2019-07-25 08:44:13
Prysmian wins Viking Link Project [Offshore]
Prysmian Group, world leader in the energy and telecom cable systems industry, has received a letter of award from National Grid Viking Link Limited and Energinet, for the development of Viking Link, the first submarine cable connection between t...
2019-07-25 08:43:23
Survitec ready to distribute Evacuator [Equipment]
Survitec has signed a partnership agreement with Netherlands-based manufacturer Evacuator Worldwide for the global distribution rights to the pioneering emergency descent system introduced to the market in April. Evacuator, the world’s first...
2019-07-25 08:42:32
Northwester 2 construction kicked off [Offshore]
Construction works for the seventh offshore wind farm off the Belgian coast have started. Developer Parkwind and marine contractor Jan De Nul Group announce that offshore seabed preparation works have commenced for the 219 MW offshore wind farm...
2019-07-25 08:41:37
GE Renewable unveils first Haliade-X 12 MW [Offshore]
GE Renewable Energy revealed the first manufactured components of the Haliade-X 12 MW offshore wind turbine at its production site in Saint-Nazaire, France. The new offshore wind turbine boasts unparalleled dimensions and the use of advanced tech...
2019-07-25 08:40:42
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