Japan's seven companies established e5 Consortium [Shipbuilding]
Seven companies - Asahi Tanker Co., Ltd., Idemitsu Kosan Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Tokyo Electric Power Company, and Mitsubishi Corporation - jointly ann...
2020-05-26 09:33:29
Maersk Supply Service granted subea removal for Dunlin [Offshore]
Maersk Supply Service announced on May 20 that it has been awarded a contract for the removal of the Dunlin Alpha platform’s subsea conductors and guide frames, by Fairfield Betula Limited. Maersk Supply Service will remove four 30” jack...
2020-05-26 09:30:13
The construction of car carrier fueled by LNG [Shipping]
Kawasaki Kisen Kaisha, Ltd. announced on May 20 that LNG fuel tanks have been installed on a car carrier which is under construction at Tadotsu Shipyard Co.,Ltd. (Imabari Shipbuilding Group) on May 7-8 2020. The construction is currently on going...
2020-05-26 09:27:35
SFL acquires newbuild VLCC with long term charter [Shipping]
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced on May 20 that it has agreed to acquire a newbuild 308,000 dwt crude oil carrier, or “VLCC”, in combination with a 7-year bareboat charter, adding nearly $60 mill...
2020-05-26 09:22:27
Nakilat receives and manages Global Energy [Shipbuilding]
Nakilat announced on May 20 that it has taken delivery of a newbuild LNG carrier, “Global Energy”, which will be commercially and technically managed in-house by Nakilat. Built by Daewoo Shipbuilding & Marine Engineering (DSME), this is t...
2020-05-26 09:16:50
Wärtsilä supplies complete navigational simulator [Equipment]
The technology group Wärtsilä announced on May 20 that it would supply a complete navigational simulator upgrade for the Le Havre pilot station in France. The intention is to provide the pilot station with a totally new simulator specifically a...
2020-05-26 09:13:41
CSSC awarded 31 newbuilds in 1Q [Shipbuilding]
China State Shipbuilding Corporation (CSSC) turns out to have won a total of 31 newbuilds for the first quarter of 2020.  According to industrial source and foreign media outlet, the value of vessels the Chinese mammoth shipbuilder was aw...
2020-05-26 09:10:35
KOMSA joins hands with KATECH [Equipment]
The Korea Maritime Transportation Safety Authority (KOMSA) has recently announced that it signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute (KATECH) on May 13 for sharing their technologies. Under the MO...
2020-05-26 09:09:47
"FSO boom expected to continue for two months" [Shipping]
Navig8 Group of the US has recently presented its prospect of floating, storage and offloading facility (FSO) market.  While 64 very large crude carriers (VLCCs) are being used as FSOs currently, according to the group, demand for 142 VLC...
2020-05-26 09:08:49
Fujian Crown plans to restructure [General]
It emerged that China’s Fujian Crown Ocean Shipbuilding has seeking investors for restructuring after completion of its assets and debts. According to industry sources and foreign media, the executives of this shipyard plans to recruit at le...
2020-05-26 09:07:55
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