Sungdong might catch second wind [Shipbuilding]
Sungdong Shipbuilding & Marine Engineering might catch another chance to find a new owner.   Sources said on August 12 that the shipyard is drafting a new rehabilitation plan through Seoul-based law firm BKL. The new plan is focusing o...
2019-08-12 16:45:13
Korea fixed national port development plan [Shipping]
The Korean government confirmed its long-term master plan to invest in 12 ports across the country on August 1 at a meeting presided over by the Prime Minister Lee Nak-yon. The plan covers a period between 2019 and 2040, with a total budget of...
2019-08-12 16:30:41
Shell wants to build the world’s first DF VLCC [Shipbuilding]
Energy major Shell is in negotiation with global shipowners for newbuilding and chartering of the world’s first dual-fuel VLCCs.   TradeWinds and industry sources reported that Shell is in negotiation with Frontline, Euronav, and Capital...
2019-08-12 15:32:12
KHI won a domestic VLGC [Shipbuilding]
Kawasaki Heavy Industries (KHI) has won a newbuilding contract for one VLGC from compatriot owner, Nissen Kaiun.   TradeWinds and other industry sources reported that the 84,000-cbm newbuilding would feature scrubber. It is also said that ...
2019-08-12 14:49:45
CMB leading hydrogen application on water [Equipment]
CMB announced on August 6 that the company and Tsuneishi join forces to build a hydrogen-powered ferry. By combining TFC’s state-of-the-art shipbuilding capabilities and CMB Technologies’ extensive knowhow in marine hydrogen systems, both ...
2019-08-12 10:36:20
COSCO enhances tie with MacGregor [Equipment]
MacGregor, part of Cargotec, has signed a framework purchasing agreement with COSCO Shipping to support MacGregor spare parts and service of equipment installed on their fleet of more than 1000 ships operating worldwide. “We are looking forw...
2019-08-12 09:00:17
ClassNK participates in Zero Emission Working Group [Shipping]
Leading Classification Society ClassNK is participating in the “Cross-industrial Working Group Related to Zero Emission Alternative Ship Fuels” established by the CCR Study Group. This working group which ClassNK acts as secretariat to aims t...
2019-08-12 08:59:29
MODEC develops new FPSO Hulls [Offshore]
MODEC, Inc. ("MODEC") is pleased to announce that it has developed the "MODEC NOAH" and "M350", next generation new built hulls for Floating Production Storage and Offloading (FPSO) vessels utilizing its extensive knowledge, experience and proven...
2019-08-12 08:58:18
MOL launches working group for alternative fuel [Equipment]
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that it has joined the Carbon Capture & Reuse (CCR) Study Group (Note 1) and launched the "Cross-industrial Working Group Related to Zero Emission Alt...
2019-08-12 08:55:59
K-Line bulker got AIP from DNV GL [Shipbuilding]
Kawasaki Kisen Kaisha, Ltd. (herein called “K” Line) announced that “K” Line and Namura Shipbuilding Co., Ltd. (herein called “Namura Shipyard”) have joint AIP (Approval in Principle) for the concept design of an LNG-fuelled Ore Carri...
2019-08-12 08:54:42
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