ClassNK launches second edition of guidelines [General]
Leading Classification Society ClassNK announced on July 17 that it has released its “Guidelines for Designing Cyber Security Onboard Ships” (Second Edition) for newbuilding designs targeting shipyards and ship-building owners In the secon...
2020-07-22 09:50:45
Vår Energi resumed drilling activities [Offshore]
Vår Energi announced on July 16 that it has resumed drilling activities in the Barents Sea and the North Sea, which this spring were postponed due to the corona pandemic and oil price collapse. The decision has been made possible by the temporar...
2020-07-22 09:46:10
Aker Solutions&Kvaerner are merged [General]
Aker Solutions announced on July 17 that it is launching a series of structural and strategic changes to transform the company and enhance shareholder value by spinning off the wind and carbon capture businesses to shareholders and merging Aker S...
2020-07-22 09:41:58
Total signs Mozambique LNG project financing [Finance]
Total announced on July 17 that it has signed 14.9 B$ senior debt financing agreement for Mozambique LNG. This project is the country’s first onshore LNG development. It includes the development of the Golfinho and Atum natural gas fields locat...
2020-07-22 09:31:59
Damen sells full option of CSD 500 to Servimagnus [Shipbuilding]
The Damen Shipyards Group announced on July 15 that it has sold a full option Cutter Suction Dredger (CSD) 500 to the Argentinian dredging contractor Servimagnus. The CSD will work on the ambitious waterways programme in the province of Buenos Ai...
2020-07-22 09:28:14
NYK begins tugboat business at largest port in Vietnam [Shipbuilding]
NYK Line (Vietnam) Co. Ltd. announced on July 16 that it has acquired 15% of total issued shares of Thoresen Vinama Tug Co. Ltd. (TVT hereunder) and entered the tugboat business at Phu My and Cai Mep ports in Vietnam. TVT has two tugboats prov...
2020-07-22 09:24:23
Navy Reservists start arriving at PSNS & IMF for mission [General]
NAVAL SEA SYSTEMS COMMAND (NAVSEA) announced on July 17 that the first group of Navy Reservists assigned to Puget Sound Naval Shipyard & Intermediate Maintenance Facility as part of the Navy’s Surge Maintenance program have arrived to begin...
2020-07-22 09:22:00
Subsea 7 installs submarine cable system [Offshore]
Subsea 7 announced on July 16 that it has awarded a sizeable(1) contract for the installation of the submarine cable system on an offshore wind farm project in Taiwan. Project engineering will commence immediately at Seaway 7’s offices in Le...
2020-07-22 09:14:50
"Chinese shipbuilders face technical limit" [Shipbuilding]
While a Chinese shipbuilder has difficulty in building LNG-fueled containership even in the early stage, some experts stress that Chinese shipbuilding industry has faced technological limitation.  Park Moo-Hyun, a researcher at Hana Finan...
2020-07-22 09:12:17
DSME to develop cyber security technology for naval vessels [Shipbuilding]
Daewoo Shipbuilding &Marine Engineering (DSME) announced on July 17 that the Korean shipbuilding giant entered into a cooperation agreement with Graduate School of Information Security at Korea University with the goal of tightening up the cy...
2020-07-22 09:11:03
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