China's NB orders down by half [Market Information]
The China Association of the National Shipbuilding Industry (CANSI) released statistics on Chinese shipyards' Jan-Aug business results on September 20. According to them, new order intakes of Chinese shipbuilding industry dropped sharply again af...
2019-09-27 16:19:15
Japan ship export plummeted in August [Market Information]
Japanese ship export plummeted by 64% in August, a data showed. It seems uncertainties from the Middle East and US-China trade conflict, as well as strong JPY are giving the industry hard times. Jan-Aug accumulated order intake also has decreased...
2019-09-27 16:18:58
Clarksons' market outlook report coming soon [Market Information]
Recently Clarksons Research published the executive summary from their forthcoming semi-annual report ‘Shipping Review & Outlook’, which will be soon be available on the Shipping Intelligence Network. Introducing the summary, Steve Gor...
2019-09-27 16:18:41
Korean utility signed MOU for scrubber installation [Equipment]
Korea Western Power (KWP) is taking an initiative in making the fuel shipping greener, beyond its power plant emission.   The company announced that it signed a business agreement with H-Line Shipping and SK Shipping on September 24 to ins...
2019-09-27 16:00:43
KMARIN adds VLOC pair at BSIC [Shipbuilding]
KMARIN adds two more VLOCs in its booking at Qingdao Beihai Shipbuilding Heavy Industry (BSIC).   Sources said that KMARIN has recently ordered two more 325,000-dwt Guaibamax bulkers at the yard after ordering a pair in last August to fulf...
2019-09-27 15:21:26
Jiangnan won small LNGC from Dutch customer [Shipbuilding]
Anthony Veder of the Netherlands has ordered one small LNG carrier at Jiangnan Shipyard, a source said.   TradeWinds and other sources said that the yard has won a 30,000-cbm LNGC from the shipowner. Brokers see around $60-70m range for th...
2019-09-27 14:44:43
DSME about to win four polar FSUs [Offshore]
Daewoo Shipbuilding & Marine Engineering (DSME) is tipped to win up to four massive LNG FSUs for the deployment in the Russian Arctic region.   TradeWinds and industry sources said that Russian energy giant Novatek and its partners inc...
2019-09-27 14:09:57
Excelerate got greenlight for the Philippines LNG terminal [Offshore]
On September 20, 2019, Excelerate Energy L.P. (Excelerate) received the Notice to Proceed (NTP) from the Philippine Department of Energy (DOE) to develop a floating liquefied natural gas (LNG) import terminal in the Bay of Batangas per the DOE’...
2019-09-27 10:36:01
REShiP: Renewable Energy Ship Propulsion [Shipbuilding]
Lloyd’s Register EMEA confirmed as Coordinator/Partner of REShiP (Renewable Energy Ship Propulsion) - a research and development project in the field of maritime technologies. The project is co-funded by the European Regional Development F...
2019-09-27 08:44:01
Hydrogen-powered tug is world first for Port of Antwerp [Shipbuilding]
Port of Antwerp has ordered construction of a tug powered by hydrogen, the first in the world. This unique "Hydrotug" is driven by combustion engines that burn hydrogen in combination with diesel. The motors also comply with the very strictest st...
2019-09-27 08:43:17
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