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GTT Bags LNG Carrier Tank Design Order
GTT has received a new order from South Korean shipbuilder Samsung Heavy Industries (SHI) concerning the tank design of a new 174,000 m3 liquefied natural gas (LNG) carrier…
Samsung Heavy Industries Delivers New Vessel to Nordic American Tankers
South Korea's Samsung Heavy Industries (SHI) delivered the first new building, named Nordic Aquarius, to Nordic American Tankers (NAT). The Bermuda-based NAT said…
Ocean Rig Postpones SHI Drillship Delivery Till 2020
International offshore drilling contractor Ocean Rig UDW Inc. and South Korean yard Samsung Heavy Industries (SHI) have agreed to postpone the delivery of the newbuild…
Samsung Heavy Industries Bags Two Special-Purpose Ships Order
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has received a contract to construct two special-purpose ships for an unnamed European company. According Yonhap…
Hyundai Merchant Marine Signs LoI for 20 Vessels
South Korea's Hyundai Merchant Marine (HMM) has selected country’s three major shipbuilder and signed letters of intent (LOIs) with them to build 20 container carriers by mid-2021, reported Yonhap.
Inmarsat Offers Unique Maritime IoT Insights
Original research commissioned by Inmarsat suggests that the maritime industry is more amenable to adopting analytic, management and operational tools applied through…
Hyundai Merchant Marine Selects 3 Yards to Build Eco-Friendly Mega Containerships
Since HMM sent out a Request for Proposal (RFP) to shipbuilding companies on April 10, HMM has considered all the conditions for newbuilding including delivery date…
GasLog Sets Charter Deal with Centrica, Orders New LNG Vessel
Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South…
Capital Products Acquires M/T Anikitos
Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082…
Odfjell Drilling buys “Deepsea Nordkapp”
Odfjell Drilling announced that Aker BP has today awarded Odfjell Drilling a 2 year firm drilling contract with 1+1 year optional periods. The day rates for the…
Odfjell Drilling to Expand Fleet
Offshore rig firm Odfjell Drilling plans to expand its floating rig fleet to between six and 10 from four now, it said on Friday, the latest sign of recovery in the energy industry.After cuts in exploration spending following an oil price plunge that began in 2014, energy firms are now hiring rigs as crude prices have recovered some ground.Odfjell raised $175 million via a new share issue on Thursday to help buy semi-submersible Stena Midmax Rig from Samsung Heavy Industries for $505 million.
MAN D&T Scoops 11 MSC Vessel Order
MAN Diesel & Turbo has won the order from MSC Mediterranean Shipping Company for 11 × 23,000 TEU container vessels equipped with 11 × MAN B&W 11G95ME-C9.5 main engines.
Shell, AET Deal for LNG Aframaxes
Malaysian-owned global shipping company specialising in the ocean transport of crude oil and refined products AET Tankers and Shell International Trading and Shipping…
Orient Overseas Back to Black
Orient Overseas International (OOI) has announced a profit attributable to equity holders for 2017 of US$137.7 million, compared to a loss of US$219.2 million in 2016.
Indian Shipping Minister Nitin Gadkari to Visit South Korea
Nitin Gadkari, India's Union Minister of Shipping will be on an official visit to the Republic of Korea (South Korea) from today (9 April 2018). During the 4 day visit…
SHI Bags a 180K LNGC Investment with an Option
Samsung Heavy Industries(SHI) revealed on March 5, 2018 that one 180K ㎥ LNG carrier newbuilding has been approved by the board of an overseas owner. The contract…
Samsung Heavy Industries Wins a LNGC Duo for USD 370 mln
Samsung Heavy Industries(SHI) revealed on April 4th that a contract for two 174,000㎥ LNG carriers on BOD approval term. The price is 184 million USD per vessel(around KRW 195 billion).
Mitsui LNG Carrier Named Marvel Falcon
On March 29, a naming ceremony was held at Geoje Shipyard of Samsung Heavy Industries Co., Ltd. in Korea, for new liquefied natural gas (LNG) carrier that NYK has…
Samsung’s Smart Ship Solution Obtains ABS Cyber Approval
U.S. based classification society ABS said it has granted a Certificate of CyberSafety Compliance for South Korean shipbuilder Samsung Heavy Industries’ (SHI) Smart Ship Solution demonstrating adherence to the ABS Guide for Cybersecurity Implementation for the Marine and Offshore Industries and ISO 27000 series, IT Security Control Code of Practice. SHI’s Smart Ship Solution aims to improve vessel…
Wärtsilä VOC Recovery for AET Tankers
Wärtsilä will supply its Volatile Organic Compounds (VOC) recovery technology, LNG fuel gas handling systems and the auxiliary engines for two new shuttle tankers…