Aker Solutions nets FEED contract from Equinor [Offshore]
Aker Solutions announced on January 15 that it has secured a front-end engineering (FEED) study from Equinor to enable power from shore for the Troll B and C platforms, to reduce CO2 emissions from the field. The contract includes an option fo...
2020-01-20 09:50:38
Keppel made its first rig delivery in 2020 [Offshore]
Keppel Offshore & Marine Ltd (Keppel O&M) announced on January 15 that it has, through its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), made its first rig delivery in 2020 safely, on time and within budget. Named Heimdal, the ja...
2020-01-20 09:45:06
The World Bank's remarkable leap [Finance]
The Kingdom of Saudi Arabia announced on January 15 that it has realized a remarkable leap in the World Bank’s Women, Business and the Law 2020 report, with a score of 70.6 out of 100.  The report ranks the Kingdom as the top reformer...
2020-01-20 09:41:41
ClasssNK announces SoC to recycling facility [Shipbuilding]
Leading classification society ClassNK announced on January 2020 that it has issued a Statement of Compliance (SoC) to “PHP Ship Breaking and Recycling Industries Limited (PHP)”, a ship recycling facility in Chattogram (Chittagong), Banglades...
2020-01-20 09:32:55
Shelf Drilling secured a contract for jack-up rig [Offshore]
Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) announced on January 14 that it has secured a contract for its recently acquired high-specification jack-up rig, Shelf Drilling Enterprise, with Chevron Thailand Explorat...
2020-01-20 09:27:53
Industry leaders challenge decarbonisation [Shipping]
MISC Berhad, Samsung Heavy Industries (SHI), Lloyd’s Register and MAN Energy Solutions announced on January 15 that they will work together on a joint development project (JDP) for an ammonia-fuelled tanker to support shipping’s drive towards...
2020-01-20 09:22:22
HSHI might win 3 VLCCs from Korea [Shipbuilding]
Hyundai Samho Heavy Industries (HSHI) announced on December 25 in a regulatory filing that it has won two very large crude oil carriers (VLCCs) worth 218.8bn from an Asian shipowner. HSHI also announced on the 30th in a stock exchange filing th...
2020-01-20 09:16:00
Europe tankers handed over from Korea's benefit [Shipbuilding]
Stock prices of European listed tanker ship operators such as Teekay Tankers, Frontline, and Euronav have risen by around 90% on average during the passing year. European tanker ship operators that have been handed over from South Korean shipyard...
2020-01-20 09:14:13
HSHI recorded move of world's heaviest cargo [Shipbuilding]
Hyundai Samho Heavy Industries (HSHI) successfully completed the process of loading-out the 174,000-cbm LNG carrier’s hull to the floating dock, which was ordered by NYK on the 16th. The vessel of 297m in length, 46.4m in width, and 26.5mete...
2020-01-20 09:10:59
HHI secures 2 tankers from Greek ship owner [Shipbuilding]
It seems that Central Group, which is led by Greek ship owner Evangelos Pistiolis, orders two suzmax tankers from Hyundai Heavy Industries (HHI).  According to TradeWinds and industrial source, HHI won two 158,000-dwt crude oil carriers f...
2020-01-20 09:06:28
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