Enhancing operational efficiency, improving safety, smarter data – these were the key themes for DNV GL, the world’s largest classification society, at the SMM trade fair yesterday. Tor E. Svensen, CEO of DNV GL Maritime, showed how DNV GL is working to modernise class and support its customers in r
As this year’s SMM conference and exhibition in Hamburg is expected to be the largest so far, the same goes for the Holland Pavilion at the fair. Earlier today Monique van Daalen, Dutch Ambassador for the Netherlands in Germany has officially opened the Holland Pavilion at the international shipping
The latest data by the China Association of National Shipbuilding Industry (CANSI) reveals that Chinese shipbuilding companies received more orders but recorded declining profits in the first seven months of 2014, China Daily reports. The CANSI described the shipbuilding market outlook as ”not optim
Belgian tanker owner Euronav NV has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its ordinary shares in the United States of America. The company’s ordinary shares are currently listed on Euronext Brussels. Euronav said tha
Two new large, 180,000 CBM LNG carriers being built by the Samsung Heavy Industries (SHI) in Korea for SK Shipping and Marubeni are to be powered by 6-cylinder Wärtsilä X62DF 2-stroke dual-fuel engines. These will be the first large LNG carriers featuring Wärtsilä’s 2-stroke dual-fuel technology. Th
Kawasaki Kisen Kaisha, Ltd. (“K” Line) said it will enhance its fleet with an additional five new generation eco-friendly Ultra Large Container Vessels (ULCVs). The newbuilds will rejuvenate the existing fleet and replace older ships all with the aim of further strengthening both efficiency and cost
The SMM international trade fair of the maritime industry has officially been opened in Hamburg. Every two years representatives of the maritime industry and experts from all over the world gather in Hamburg to showcase innovative developments and leading-edge technologies, and discuss the industry’
MacGregor, part of Cargotec, has announced that the first units of a 672-strong MacRack orderbook are now being installed. The units are destined for a total of 38 ships for various owners; 35 of which are for 180,000 dwt bulk carriers and the remaining three are for 87,000 dwt bulkers. Each of the
A new LNG vessel ordered by Trans Pacific Shipping Ltd., a joint venture company comprising Nippon Yusen Kabushiki Kaisha (NYK), Chubu Electric Power Co. Inc., and the Mitsubishi Corporation, was named on September 5 at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries Ltd. At t
China’s largest privately owned shipbuilder China Rongsheng Heavy Industries has been struck hard by the recent plunge in shipbuilding orders and will most likely be transferred to state ownership as the company awaits decision on its restructuring. As a result of the ongoing restructuring plans, Ro
Environmentally-friendly Becker Marine Systems’ new LNG Hybrid Barge was launched in Komárno, Slovakia on September 5, 2014. The barge operates as a floating power plant, designed to supply low-emission energy to cruise ships. The LNG Hybrid Barge is currently being prepared for towing and delivery
The inter-governmental commission of Russia and Vietnam met in Vladivostok, Russia on Saturday, September 6, to sign an agreement to form joint ventures in the shipbuilding and light industries, Itar-Tass reports. Russian Deputy Minister of Industry and Trade Viktor Yevtukhov said that the shipbuild
Floating production systems remained in demand this year as the offshore gas and oil industry have spent over USD 16 billion on newbuild contracts, Energy Maritime Associates (EMA) announces in its analysis of the floating production sector published in 2014 Q3 Report for FPSOs, Semis, TLPs, FLNGs,
Keppel Shipyard Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, has entered the finalising stage of the contract negotiations with Golar Gimi Limited, a subsidiary of Golar LNG Limited, to perform the conversion of a second Moss LNG carrier, the GIMI, into a Floating Liquefaction Ves