SHIPPING NEWS
Hyundai Q2 dip
Hyundai Heavy Industries Holdings Co., South Korea’s shipbuilding holding company, said its net profit more than halved in the second quarter from a year earlier on Read Article…
Mitsui/Tsuneishi collaboration
Japanese shipbuilder Mitsui E&S Holdings is in discussions with compatriot Tsuneishi Holdings to form a shipbuilding tie-up, at a time when the domestic industry Read article…
Xihe restructures
A new management team has been put in place for Singapore-based tanker shipowner Xihe Group of Companies, which owns almost 140 vessels covering every Read article…
Xihe Holdings supervision
Singapore bank OCBC is seeking a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries. Xihe Holdings is part Read Article…
Minerva Gas LNG newbuild
Minerva Gas, the Greek LNG carrier owner and operator, has launched its newbuild vessel at Samsung Heavy Industries (SHI) in South Korea. The vessel, Read article…
Third LNG carrier: Hudong
China’s Hudong-Zhonghua Shipbuilding will deliver another LNG carrier to serve the Novatek-operated Yamal project in the Arctic. Named LNG Phecda, it is the Read article…
GTT/KNUTSEN deal
GTT has signed a Global Technical Services Agreement (TSA) with the Norwegian ship-owner KNUTSEN OAS SHIPPING AS. This new agreement covers a Read Article…
Keppel $73 million FPSOs
Keppel Offshore & Marine Ltd has through its wholly-owned subsidiaries in Singapore and Brazil secured two contracts worth a combined value of about S$73 million Read article…
Wärtsilä new order
The Finnish technology group Wärtsilä has been contracted to deliver a complete bridge systems installation for five icebreaking LNG-fueled tankers to be constructed Read article…
Wärtsilä BOG plant
Wärtsilä said: “Its compact design enables it to be installed on existing vessels without extensive modification work.” Wärtsilä has introduced a reliquefaction plant Read Article…
FPSO cost-saving opportunity
Operators could save by rooting out unnecessary maintenance. That’s according to new findings from Lloyd’s Register (LR), the specialist energy consultancy. It has Read article…
Korean shipyards: drought
South Korean shipbuilders won less than half the new orders in the first half of 2020, compared to the same period last year – 92 ships in 2019 and 37 in 2020 Read article…
Thun’s fifth L-class
Thun Tankers has taken delivery of the fifth L-class, Thun Lundy, at China Merchants Jinling Shipyard (formerly known as AVIC Dingheng) in China. She will enter Read Article…
GTT Daewoo order
GTT has received an order from the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) on behalf of the Russian company GTLK, for the tank Read Article…
MarineLINE Shandong
Shandong Shipping, which is based in Qingdao, China, has chosen to work with Advanced Polymer Coatings, Inc. It has chosen its high performance MarineLINE® Read article…
