LNG Carriers Set to Exceed 50% of DSME's Sales

LNG Carriers Set to Exceed 50% of DSME's Sales

Daewoo Shipbuilding & Marine Engineering (DSME) said on Oct. 15 that liquefied natural gas (LNG) carriers would soon account for more than 50 percent of its sales. During an investor relations (IR) meeting held at …
Oct 17, 2018 /  Finance
FLEX LNG Ltd. to buy five 5th generation LNG newbuildings

FLEX LNG Ltd. to buy five 5th generation LNG newbuildings

FLEX LNG Ltd. is contemplating to enter into a transaction for the acquisition of five 5th generation LNG newbuldings comprising three high-end MEGI LNG carriers currently under construction at Daewoo Shipbuilding and …
Oct 11, 2018 /  Vessels
Seanergy Maritime to Acquire One Modern Capesize Vessel and Sale of Two Supramax Vessels to Become the Only US-Listed Pure-Play Capesize Vessel Owner

Seanergy Maritime to Acquire One Modern Capesize Vessel and Sale of Two Supramax Vessels to Become the Only US-Listed Pure-Play Capesize Vessel Owner

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced yesterday that it has entered into definitive agreements with unaffiliated third parties for the purchase of a modern secondhand Capesize vessel and the sale of …
Oct 3, 2018 /  Vessels
TMC Compressors to supply marine compressed air systems to seven VLCCs for Hunter Group

TMC Compressors to supply marine compressed air systems to seven VLCCs for Hunter Group

TMC Compressors of the Seas (TMC) has signed contracts to supply marine compressed air systems to seven VLCCs that Korean shipbuilder DSME (Daewoo Shipbuilding & Marine Engineering) is constructing for Norwegian …
Sep 27, 2018 /  Curious
HHLA floating crane loads world’s biggest ship propeller onto a vessel at the Port of Hamburg

HHLA floating crane loads world’s biggest ship propeller onto a vessel at the Port of Hamburg

On Sunday, 16 September, Hamburger Hafen und Logistik AG (HHLA) loaded the biggest ship propeller in the world onto a vessel. The “HHLA IV” floating crane brought the gigantic 110-tonne object to the port of …
Sep 17, 2018 /  Curious
MOL Marks its 1st Transportation Service Contract with Major German Utility Company Uniper as LNG Schneeweisschen Goes into Service

MOL Marks its 1st Transportation Service Contract with Major German Utility Company Uniper as LNG Schneeweisschen Goes into Service

LNG Carrier Equipped with MOL's First Milestones: X-DF Propulsion Engine and MRS-F Reliquefaction System TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) announced today that on July 31st, the LNG carrier, LNG Schneeweisschen, …
Aug 1, 2018 /  Vessels
LR grants cyber security AiP to DSME Smart Ship Solution

LR grants cyber security AiP to DSME Smart Ship Solution

Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has received approval in principle (AiP) from LR for the DSME Smart Ship Solution (DS4®), receiving the Cyber SECURE notation, which confirms compliance …
Jul 25, 2018 /  Curious
Damen Shipyards Group assumes operational control at Mangalia shipyard

Damen Shipyards Group assumes operational control at Mangalia shipyard

To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen held a modest ceremony at the yard on Monday, July 23rd. The celebrations mark Damen’s successful completion of the transaction …
Jul 23, 2018 /  Curious
Daewoo Shipbuilding wins deal for LNG carrier from Norway’s Seatankers Management

Daewoo Shipbuilding wins deal for LNG carrier from Norway’s Seatankers Management

Daewoo Shipbuilding & Marine Engineering Co. (DSME), the world's second-largest shipbuilder by orders, said Friday that it has received an order to build a liquefied natural gas carrier for a Norwegian shipping …
Jul 6, 2018 /  Curious
GTT receives two order notifications from DSME for the design of the tanks of four new 174,000 m3 LNG carriers

GTT receives two order notifications from DSME for the design of the tanks of four new 174,000 m3 LNG carriers

GTT has received two order notifications from the South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME), for the design of the tanks of four new 174,000 m3 LNG carriers. These orders, involving two …
Jun 29, 2018 /  Curious