News

Shipbuilding, Covid-19 Update

State loans for South Korean yards

South Korean state export credit bank, the Export-Import Bank of Korea (Eximbank), will provide 5.2 trillion won (US$4.1 billion) in financial aid to Korean shipbuilders amid reduced newbuilding orders in the coronavirus crisis. Under the programme,...

29.05.2020
Shipbuilding

Damen unveils electric dredger

A new design for an electric cutter suction dredger (ECSD) has been launched by Damen Shipyards Group. The ECSD 650 has been adapted from the conventional CSD 650 which is powered by diesel engines. The CSD 650’s modular design has enabled Damen to...

28.05.2020

All from a single source:
Reliable pumping on an FPSO

Immense effort is required to access new oil and gas deposits, as boreholes have to be prepared and created. It can take years of preparation before a new oil field comes online. For offshore wells, oil producers now frequently are opting for a...

28.05.2020
Shipbuilding

BV issues cyber notation for first LNG carrier

Paris-based classification society, Bureau Veritas BV, has issued the LNG carrier, Elisa Larus, with cyber notation in what BV claims is the first such move. The 174,000m3 vessel was built by Hyundai Samho Heavy Industries for France LNG Shipping...

27.05.2020
Shipbuilding

DIV Shipbuiding yards to construct residential yacht

British company Ocean Residences Development has confirmed an order for a cruise ship-style floating residency vessel of 290m length placed with Norwegian/Croatian shipbuilding group DIV Shipbuilding. The 81,000gt vessel will have 12 decks, and...

27.05.2020
Shipbuilding

Wärtsilä to supply LNG systems for Japanese ferries

Technology group Wärtsilä is to supply LNG-fuelled engines, gearboxes, gas storage, supply and control systems for the first LNG-powered ferries to be built in Japan. The two vessels are to be constructed for Ferry Sunflower, a Mitsui O.S.K. Lines...

26.05.2020
Shipbuilding

Faroe Islands fish company orders wellboat

Glyvrar-based producer of salmon, Bakkafrost, has placed an order with Sefine shipyard in Turkey for a wellboat for live fish transport. The vessel is designed by Danish naval architect Knud E. Hansen. The fleet expansion is part of the company’s...

26.05.2020
Shipbuilding

Hartmann orders ME-LGIP engines for LPG tankers

MAN Energy Solutions has received an order to supply MAN B&W ME-LGIP (liquid gas injection propane) dual-fuel engines for three 5,000m3 LPG tankers currently under construction at the CIMC Sinopacific Offshore & Engineering Co, Ltd shipyard in...

25.05.2020
Shipbuilding

Japanese autonomous ship framework awarded class approval

NYK Line and its wholly-owned research and development subsidiary, MTI Co Ltd, have been awarded Approval in Principle by Japan’s ClassNK for a joint project on the concept design of an autonomous ship framework. The framework, called Action...

25.05.2020
Shipbuilding

Kongsberg delivers freezer trawler

Kongsberg Maritime has announced the delivery of an 81.8m-long freezer trawler, Ilivileq, built to its latest NVC 375 WP design, which is to be deployed in Arctic waters. The company’s NVC range of vessels is based on a combination of sustainable...

22.05.2020
Shipbuilding

DDW starts drillship conversion

DP World’s Dubai shipyard, Drydocks World (DDW), has begun conversion of the ultra-deepwater drillship Yan, recently owned by Transocean of Switzerland and previously named GSF Jack Ryan. The drillship is to be converted into an offshore installation...

21.05.2020
Shipbuilding

New type of gas barges to operate on river Rhine

A Dutch-led yard consortium is continuing to build a new type of efficient barges to transport gas on the river Rhine for customer Ineos Trading & Shipping. Three vessels have been completed and will be among the largest gas barges operating on the...

20.05.2020
Shipbuilding

Thun Tankers' new NaabsaMAX able to call tidal restricted ports

Shipping company Thun Tankers BV, part of Swedish shipping group Erik Thun, has placed an order with Dutch yard Scheepswerf Ferus Smit for one more 4,250dwt product tanker. The tanker is scheduled to be delivered in May 2022. Together with one...

19.05.2020
Offshore

Dogger Bank partners to build new UK operations base

Norwegian state energy firm Equinor and partner SSE Renewables, a UK-listed company specialising in low-carbon energy, have announced plans to build a new operations and maintenance (O&M) base at the Port of Tyne. The facility will service Dogger...

19.05.2020
Shipbuilding

Damen presents workboat for fish-farming operations

The Dutch shipbuilder Damen Shipyards Group has unveiled a new workboat for the aquaculture industry – the Damen Utility Vessel (UV) 2613. It can be deployed for harvesting, net cleaning, diving support and de-licing, Damen said in a statement. With...

18.05.2020
Shipbuilding

Ingeteam to provide hybrid propulsion for new trawler

Spanish Ingeteam Power Technology, S.A. is to supply a hybrid-electric propulsion system for a new pelagic fishing vessel to be built by Bilbao’s Zamakona Shipyard. The 87.6m-long trawler, designed by Norway’s Salt Ship Design for Danish fishing...

18.05.2020
Shipbuilding

Leasing now an option for ballast water systems

Norwegian ballast water treatment system supplier, Optimarin, claims to be the first in its sector to offer a lease finance option to customers, potentially including all servicing and spare parts, with no upfront deposit and fixed at competitive...

15.05.2020
Companies & People

German yards agree new naval shipbuilding alliance

German naval shipbuilders Lürssen Werft and German Naval Yards have agreed a new shipbuilding alliance for naval vessels, while ThyssenKrupp Marine Systems (TKMS) and Italian yard Fincantieri are also considering cooperation. Bremen-based Lürssen...

14.05.2020
Offshore

Floating green hydrogen plant launched

Netherlands-based Tocardo, together with tidal power specialist HydroWing, has launched a tidal hydrogen production storage and offtake platform (THyPSO), a floating plant that generates and stores green hydrogen from the sea. It houses between one...

14.05.2020
Shipping

Mongstad selected as site for Norway’s first hydrogen plant

A consortium comprising principal partners BKK, a sustainable energy company, French multinational Air Liquide and Norwegian state energy major, Equinor, has chosen Mongstad Industrial Park on Norway’s west coast as the site for the country’s first...

13.05.2020