SHI takes the crown in orderbook ranking [Market Information]
Global newbuilding orderbook stood at 3,125 units, 194.1m dwt (77.3m cgt) as of the end of July, showing a yoy decrease of 9% in cgt terms.   According to Clarkson Research, the bulker orderbook declined in dwt terms by 11% from a year ago...
2019-09-11 14:31:11
Korea takes 74% of NB orders in August [Market Information]
The share of Korean shipbuilding industry in last month's global new orders was 74% (735,000 cgt, 21 units), beating Chinese shipyards (260,000 cgt, 11 units) and taking the first place for four consecutive months since May this year. Accordin...
2019-09-11 14:26:39
Korea topped in May-Aug order intakes [Market Information]
Korean shipbuilders has stood atop in global new order intakes for four months in a row. The Ministry of Trade, Industry and Energy (MOTIE) of Korea announced through a report on September 8 that the share of Korean shipbuilding industry in la...
2019-09-11 14:26:21
M&A specialist expressed interest in Sungdong [General]
Korean M&A specialist S.D.D.P is poised to submit bid to take over Sungdong Shipbuilding & Marine Engineering. Korean news outlet Sisa Journal reported that the Changwon-located M&A specialized company wants a private contract foll...
2019-09-11 13:56:25
Sungdong trying its last odds [General]
Sungdong Shipbuilding & Marine Engineering is pushing its fourth trial of disposal, which is seen as the last chance. Changwon District Court approved Sungdong’s rehabilitation plan on September 10. The assembly of related persons held e...
2019-09-11 13:30:28
ShipTech market rising to $278bn by 2030 [Equipment]
New and original research into maritime startups conducted for Inmarsat by UK GovTech venture firm and research house, PUBLIC, concludes that more bandwidth connecting ships to shore at lower cost than ever before is empowering a new breed of sin...
2019-09-11 10:26:00
Thordon finished commissioning of bearings [Equipment]
Thordon Bearings has successfully completed the commissioning of a set of water-lubricated SXL propeller shaft bearings to what is widely considered the world’s largest all-carbon sports fisher. Four SXL bearings were retrofitted to the 39.5...
2019-09-11 08:54:12
Tekmar selected for Changhua OWF by Jan De Nul [Offshore]
Tekmar Energy announced that offshore installation contractor Jan De Nul Group have selected the patented Tekmar Cable Protection System (CPS) TekLink® Mechanical Latch for the Changhua offshore wind farm in Taiwan. Changhua is the second win...
2019-09-11 08:52:36
V.Group signs deal for crew management [Shipping]
V.Group has signed a contract with ADNOC Logistics & Services (ADNOC L&S), located in Abu Dhabi, UAE, to provide crew management services to 93 offshore support vessels, the company announced today. To support the contract, and to enab...
2019-09-11 08:51:53
Bakker equips dredger with shaft gen. [Equipment]
Thanks to Bakker Sliedrecht, the new trailing suction hopper dredger Schenge from the Goes based Faasse Groep will become energy-efficient. The electrical drive specialist supplies and installs a shaft generator on the main engine, which generate...
2019-09-11 08:50:38
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