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"SHI may secure over $2.7bn rest of the year"
[Shipbuilding]
A prediction came out that Samsung Heavy Industries (SHI) might add over $2.7bn of orders. Yang Hyung-mo, a researcher at eBest Investment Securities of Korea, noted on August 28 that "SHI accomplished 54% of its yearly goal… It is lik...
2019-08-29 16:20:40
CMG acquires AVIC shipbuilding business
[Shipbuilding]
Chinese state-run conglomerate China Merchants Group (CMG) signed an agreement worth CNY163m ($22.8m) with AVIC International Holdings to acquire a majority stake in the latter’s shipbuilding asset. Sources said that China Merchants In...
2019-08-29 15:37:21
China declared the 'world's second 'smart VLC...
[Shipbuilding]
Chinese state-run press agency Xinhua News Agency reported that the 'world's second ''smart VLCC'' was delivered in the country. The agency said that 308,000-dwt VLCC New Vision was delivered to an owner at Dalian on August 28. CSIC expl...
2019-08-29 14:34:51
GIFI won a hybrid car ferry
[Shipbuilding]
US ship maker Gulf Island Fabrication, Inc. (GIFI) scooped a double-ended car ferry from Texas Department of Transportation, TxDOT. The ferry, based on a design by ship architect Shearer Group, will feature diesel-electric with energy st...
2019-08-29 14:20:15
Thun Tankers orders NAABSA port max sized PC
[Shipbuilding]
Thun Tankers BV has placed an order for a 4,250-deadweight product tanker. The ordered tanker will be delivered October 2020 and enter into a long term agreement with UK based Geos Group Ltd. The vessel will be built with “NAABSA” design - ...
2019-08-29 10:21:48
KNOT concludes long-term charter with Total
[Shipping]
NYK Group company Knutsen NYK Offshore Tankers AS (KNOT), of which NYK has a 50 percent share, has concluded a time-charter contract for a maximum 15-year period starting from 2021 for a shuttle tanker** with Total which is a leading oil and en...
2019-08-29 08:57:24
Höegh received delivery of 10th FSRU
[Offshore]
Höegh LNG Holdings Ltd. (Höegh LNG) today took delivery of Höegh Galleon, its tenth floating storage and regasification unit (FSRU). This high-specification FSRU has been constructed at Samsung Heavy Industries in South Korea and has a storage...
2019-08-29 08:56:27
Crowley Fuels plans new ATB
[Shipbuilding]
Crowley Fuels has signed construction contracts to build a 55,000-barrel, articulated tug-barge (ATB) that is specifically designed to serve the Western Alaska market with delivery of clean fuel products. The 410-foot ATB will have enhanced pe...
2019-08-29 08:54:32
Petrofac awarded Central North Sea decommissioning
[Offshore]
Petrofac has been awarded a well plugging and abandonment contract with leading independent energy company, Hess Limited, a wholly owned subsidiary of Hess Corporation. The agreement includes provision of Well Operator and Well Engineering Pro...
2019-08-29 08:53:46
Höegh selects Marlink IT service
[Equipment]
Marlink announced that it has signed a new agreement with Höegh Autoliners to supply the international transport and logistics company’s 38 car and truck carriers with the industry-leading maritime-optimised IT solution, KeepUp@Sea, which is p...
2019-08-29 08:52:43
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