SBM's two modules will be sailed [Offshore]
In line with our client’s plan, SBM Offshore announced on April 27 that the last two modules for the Turret Mooring System, destined for Singapore for integration into the hull of Equinor’s Johan Castberg FPSO will sail away. This milest...
2020-04-29 09:46:33
Diamond files voluntary petitions for reorganization [General]
Diamond Offshore Drilling, Inc. (NYSE: DO) (“Diamond” or “the Company”) announced on April 27 that the company and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the U...
2020-04-29 09:34:13
Edda Wind signs long term time charter agreement [Offshore]
Edda Wind, the offshore wind segment of the Østensjø Group, announced on April 26 that it has signed long term time charter agreements with MHI Vestas and Ocean Breeze Energy respectively for two of the four offshore wind vessels ordered from S...
2020-04-29 09:29:43
Rivertrace warns poor monitoring system to ship owners [Equipment]
Market leading maker of smart water quality monitoring equipment Rivertrace announced on April 27 that it has warned that selecting inappropriate oil-in-water monitoring technologies can jeopardise environmental compliance. Their advice to ship o...
2020-04-29 09:24:45
Wärtsilä supplies energy storage system to Ontario [Equipment]
The technology group Wärtsilä announced on April 24 that it would supply a 2 MW / 5.4 MWh state-of-the-art energy storage system to Ontario, Canada based Alectra Energy Solutions, a subsidiary of Alectra Utilities. The system is to be installed...
2020-04-29 09:19:15
SeaQuest gets construction supervision job [Shipbuilding]
SeaQuest Marine Project Management recently announced that it has been entrusted with the prestigious construction supervision job for three Green 5th Generation zero emission NB Ro-Ro vessels for Finnlines at China Merchants Group’s Nanjing Ji...
2020-04-29 09:17:18
Dong-A trains professional for smartship R&D [Shipbuilding]
Dong-A University (Principal: Han Suk-jeong) has been selected as a participating organization for 'Eco-friendly and smart ship R&D professionals training project'. The project, which was first launched in 2018, has increased to eight part...
2020-04-29 09:10:10
HMM held naming ceremony [Shipping]
HMM held the naming ceremony of its first of biggest container ship in the world on April 23 in Daewoo Shipbuilding & Marine Engineering (DSME) shipyard.  Moon Jae-in, a president of South Korea as well as Ba Jae-hoon, the director of HM...
2020-04-29 09:09:03
SHI likely to win 18 LNGCs [Shipbuilding]
Samsung Heavy Industries (SHI) has carried out aggressive marketing activities in Europe with the goal of winning 18 LNG carriers. According to industrial source, the Korean shipbuilding tycoon is focusing on winning additional 10 ice-breaking...
2020-04-29 09:07:22
SHI's loss shrunken in 1Q [Shipbuilding]
Samsung Heavy Industries (SHI) announced through a regulatory filing on April 27 that it posted revenue of KRW 1.8266trn (about $1.5bn) and operating loss of KRW 47.8bn for the first quarter of 2020. SHI saw a 15% decrease in revenue compared ...
2020-04-29 09:06:10
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