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Daewoo Shipbuilding wins $3 bln orders this year, 41 pct of 2018 target

Daewoo Shipbuilding wins $3 bln orders this year, 41 pct of 2018 target

Daewoo Shipbuilding Marine & Engineering Co. (DSME) said earlier today that it has received US$3 billion worth of orders so far this year, achieving 41 percent of its annual target of $7.3 …
Jun 8, 2018 /  Vessels
LNG Carrier CESI Lianyungang Delivered for SINOPEC LNG Transport Project

LNG Carrier CESI Lianyungang Delivered for SINOPEC LNG Transport Project

Final Vessel in Series of 6 Newbuilding LNG Carriers Mitsui O.S.K. Lines, Ltd. (MOL) today announced the delivery of the LNG carrier CESI Lianyungang, which was ordered by the joint venture of China COSCO Shipping …
Jun 1, 2018 /  Vessels
First China-made "smart" ship debuts at Marintec China 2017

First China-made "smart" ship debuts at Marintec China 2017

A special ceremony was held this week as part of Marintec China 2017, in which the first China smart ship was presented with Lloyd's Register (LR) cyber-enabled ship descriptive notes. The vessel, Great Intelligence, …
Dec 7, 2017 /  Vessels
Wärtsilä HY hybrid tug design for Chinese market launched at Marintec

Wärtsilä HY hybrid tug design for Chinese market launched at Marintec

The technology group Wärtsilä has adapted its ground-breaking hybrid tug design to specifically meet the needs of the Chinese market. This version of the Wärtsilä HYTug has received an …
Dec 7, 2017 /  Vessels
ABS wins Royal Canadian Navy service contract

ABS wins Royal Canadian Navy service contract

Canadian Department of National Defence selects ABS for classification and certification services for its entire non-combatant fleet. ABS, a leading provider of classification and technical services to the marine and …
Jul 3, 2017 /  Naval
Competition Commission of Singapore Approves Proposed Joint Venture between NYK Lines, MOL and K-Line

Competition Commission of Singapore Approves Proposed Joint Venture between NYK Lines, MOL and K-Line

The Competition Commission of Singapore (CCS) has cleared the proposed joint venture between Nippon Yusen Kabushiki Kaisha Ltd. (NYK Line) and Mitsui O.S.K. Lines Ltd. (MOL) and Kawasaki Kisen Kaisha Ltd (K Line) …
Mar 27, 2017 /  Curious
China Classification Society Inks MOU on Cooperation with Maersk Line

China Classification Society Inks MOU on Cooperation with Maersk Line

Danish shipping company Maersk Line has entered into a Memorandum of Understanding (MOU) with China Classification Society (CCS) on technical exchanges. Image courtesy: CCS Under the agreement, signed on August …
Aug 22, 2016 /  Curious
MacGregor continues its run of Hatlapa deck machinery deliveries to COSCO's ultra large container carriers

MacGregor continues its run of Hatlapa deck machinery deliveries to COSCO's ultra large container carriers

MacGregor, part of Cargotec, has signed a contract that will extend its deliveries of Hatlapa deck machinery to a growing series of ultra large container carriers (ULCCs) being built at three shipyards across Asia for …
Jun 8, 2016 /  Curious
More than 5,000 Singaporeans to Benefit from New Maritime Manpower Schemes

More than 5,000 Singaporeans to Benefit from New Maritime Manpower Schemes

To continue growing a quality workforce in support of Maritime Singapore, the Maritime and Port Authority of Singapore (MPA) will set aside $12 million over two years to attract, develop, and retain local talent in the …
Apr 12, 2016 /  Curious
New Drewry Report Says That Container Shipping Industry Would Be Lucky To Break Even This Year

New Drewry Report Says That Container Shipping Industry Would Be Lucky To Break Even This Year

The global shipping consultancy that is Drewry has published its Container Forecaster report according to which a dreadful combination of overcapacity, aggressive commercial pricing and weak demand levels is to …
Jul 8, 2015 /  Finance