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Hyundai Heavy Bags Double VLCC Order

May 21, 2020

South Korea's shipbuilding giant Hyundai Heavy Industries has secured an order to build two very large crude carriers for unnamed European shipowners.The value of the orders for two 300,000-ton VLCCs, which will be equipped with scrubbers to meet IMO emission regulations, is 200 billion South Korean Won ($162.5 million).The VLCCs will be 330 meters long, 60 meters wide, and 29.7 meters high. Hyundai Heavy…

AET Takes Delivery of Petrobras-bound Shuttle Tanker

May 26, 2020

Tanker operator AET has taken delivery of Eagle Petrolina shuttle tanker which will be used to offload oil from Petrobras' offshore oil platforms in Brazil.The Eagle Petrolina, built by South Korea's Samsung Heavy Industries, is the first of…

South Korea's DSME Wins $330M FSRU Order

May 22, 2020

South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering (DSME) has received an order for a large liquefied natural gas (LNG) floating storage regasification unit (FSRU).In a statement on the Korea Exchange, DSME said the contract was worth around 411 billion South Korean Won…

LNG Carrier Delivered to Nakilat

May 20, 2020

Qatari shipping company Nakilat took delivery of a newbuild liquefied natural gas (LNG) carrier Global Energy. Built by South Korea's Daewoo Shipbuilding & Marine Engineering (DSME), the vessel will be managed in-house by Nakilat and is the…

SFL Buys Newbild VLCC with Long-Term Charter Secured

May 20, 2020

Shipowner SFL Corporation has agreed to buy a newbuild 308,000 dwt very large crude carrier (VLCC), in combination with a seven-year bareboat charter with an unnamed oil major, adding nearly $60 million to SFL’s fixed-rate charter backlog.The…

Wärtsilä to Equip First Japan-built LNG-Fueled Ferries

May 19, 2020

Finland's marine technology firm Wärtsilä has won a deal to provide a complete LNG-package for what will be the first LNG-powered ferries built in Japan.Under the deal, Wärtsilä will provide a complete LNG package, comprising the Wärtsilä 31DF engine…

Damen Equipment for Korea's Oil Spill Recovery/Dredging Vessel

May 19, 2020

Dutch Damen Shipyards Group has signed a deal with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver components for an oil recovery/dredging vessel. Under the deal, Damen will deliver all equipment for oil recovery operations as well as a complete dredging installation…

VIDEO: SBM Offshore's Liza Unity FPSO Moves to Dry Dock

May 15, 2020

SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…

Samsung Delivers LNG Carrier to GasLog

May 11, 2020

Greek shipowner GasLog has taken delivery of a newbuild liquefied natural gas (LNG) carrier from Korean shipbuilder Samsung Heavy Industries. The 180,000-cubic-meter-capacity GasLog Wales will operate on a 12-year time charter agreement with the principal LNG shipping entity of Japan’s JERA…

Hyundai Heavy Sheds More Light on Tanker Order

May 08, 2020

South Korean shipbuilder Hyundai Heavy Industries has shared more details on its newly secured contract to build two crude oil carriers.The company had on Thursday issued a brief statement on the Korea Exchange sharing it had won contracts to build two tankers for a European client…

Hyundai Heavy Bags $122M Order for Two Oil Carriers

May 07, 2020

South Korean shipbuilder Hyundai Heavy Industries has said it has won an order to build two crude oil carriers.In a brief statement on the Korea Exchange, Hyundai said the order was worth 149,8 billion South Korean Won, or $122,2 million.Hyundai…

Wison Offshore & Marine's LNG Carrier Design Gets DNV GL AiP

May 07, 2020

China's Wison Offshore & Marine's 200K LNG Carrier (“200K-LNGC”) design has received Approval in Principle from DNV GL.Wison Offshore & Marine said its design offers 'an enhanced cargo capacity and greater efficiency.'Wison’s 200K LNGC with an overall length of 300 meters holds 200…

Keppel O&M Says Pivot to Gas, Renewables Pays Off

Apr 29, 2020

Keppel Offshore & Marine, an offshore construction subsidiary of Singapore's Keppel Corp, expects challenging conditions ahead due to the drop in oil prices but says its business diversification into gas and renewables has paid off.The company…

Qatar Books Chinese Shipyard Capacity in LNG Carrier Fleet Expansion Push

Apr 22, 2020

Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements…

Energean FPSO Hull Reaches Singapore. Yard Closed Due To COVID-19

Apr 15, 2020

The Mediterranean-focused oil and gas company Energean has said that the hull of its Energean Power FPSO has reached Singapore.The China-built hull is expected to be fitted with the topside modules built in Singapore at the Sembcorp Yard, before setting sail to the Karish offshore field in Israel…

Current News

First Topside Module Lifted on Coral South FLNG Hull

First Topside Module Lifted on Coral South FLNG Hull

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Kazakhstan: No Shutdown Planned for COVID-19-hit Tengiz Field

GMS Fleet Utilization at 2015 High as More Middle East Work Secured

GMS Fleet Utilization at 2015 High as More Middle East Work Secured

AET Takes Delivery of Petrobras-bound Shuttle Tanker

AET Takes Delivery of Petrobras-bound Shuttle Tanker

Japan's Refiners Facing Stagnant Market May Cut Capacity

Japan's Refiners Facing Stagnant Market May Cut Capacity

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Conrad: Mako Discovery One of 'Largest Ever' in West Natuna Basin

QP: North Field Works Going Full Steam Ahead

QP: North Field Works Going Full Steam Ahead

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