MacGregor received equipment orders [Offshore]
MacGregor, part of Cargotec, announced on May 13 that it has received equipment orders for a total of four offshore wind service vessels which will expand the Edda Wind fleet, the offshore wind segment of the Østensjø Group. The order was booke...
2020-05-18 09:50:12
Wärtsilä contracts for 4 ships' performance with KOTC [Equipment]
The technology group Wärtsilä announced on May 13 that it has been contracted to upgrade the performance of four vessels owned by Kuwait Oil Tanker Company (KOTC), a subsidiary of Kuwait Petroleum Company (KPC), by retrofitting the Wärtsilä...
2020-05-18 09:41:53
Thun Tankers orders product tanker [Shipbuilding]
Thun Tankers BV recently announced it has placed an order for a second 4,250-deadweight product tanker. The ordered tanker will be delivered May 2022 and will together with her previously ordered sister enter into a long-term agreement with UK ba...
2020-05-18 09:38:18
Japan’s first LBV launches [Offshore]
NYK announced on May 13 that Japan’s first LNG bunker vessel (LBV) was successfully launched at the Sakaide Works of Kawasaki Heavy Industries Ltd. The LBV is scheduled to be delivered at the end of September 2020 and will be the first LBV t...
2020-05-18 09:33:29
Government of the republic of Estonia approved loan terms [Finance]
Tallink Grupp announced on May 8 that the Government of the Republic of Estonia approved the terms of a working capital loan to AS Tallink Grupp. The total amount of the loan limit is EUR 100 million and the loan can be issued in EUR 10-40 millio...
2020-05-18 09:27:41
Wärtsilä completes delivery of 3 large-scale regas modules [Equipment]
The technology group Wärtsilä announced on May 12 that it has successfully managed and completed delivery of three large-scale regasification modules for China’s first new built LNG Floating Storage Regasification Unit (FSRU). The vessel, the...
2020-05-18 09:23:40
YZJ awarded seven vessels in 1Q [Shipbuilding]
China's largest private-run shipbuilder Yangzijiang Shipbuilding (YZJ) secured newbuilding projects worth $360m for the first quarter of 2020. From January to March this year, according to industrial source and foreign media outlet, YZJ was aw...
2020-05-18 09:16:33
COSCO delivers LNG carrier newbuild [Shipbuilding]
China's COSCO Shipping Heavy Industry (Dalian) shipyard turns out to have deliverd the 28,000 cbm LNG carrier 'CNTIC VPower Global' to its compatriot CNTIC V Power LNG Logistics.  According to industrial source and TradeWinds, the small-s...
2020-05-18 09:15:28
CSET plans to order LNGC from Chinese shipyard [Shipbuilding]
China's COSCO Shipping Energy Transportation (CSET) is likely to set up a new company with PetroChina, an affiliate of China National Petroleum Corporation (CNPC), in order to book three LNG carriers at its compatriot Hudong-Zhonghua Shipbuilding...
2020-05-18 09:14:22
HGS signed MoU with KCC [Equipment]
Hyundai Global Service (HGS) strengthens the technical skills of performance analysis based on big data with its compatriot KCC.    HGS, Vessel Engineering service company, and KCC, which is paint for ship manufacturer, have signed a ...
2020-05-18 09:12:08
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