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MacGregor Cargo System for World's Largest Boxship
MacGregor, part of Cargotec, has designed the cargo system for the world’s largest containership, MSC Gülsün, which was delivered in July 2019 by South Korea’s Samsung Heavy Industries. She is 400 m long, 61.5 m wide and is the first in a series of 11 ultra-large containerships with a capacity of more than 23,000 TEU. Six of the vessels are being built by Samsung Heavy Industries, and the other five…
SHI, Zvezda Partner in Arctic LNG 2 Carriers
South Korean shipbuilder Samsung Heavy Industries (SHI) has announced that it has signed a contract to assist Russian shipyard Zvezda Shipbuilding Complex with the…
GTT Wins Tank Design Order for 8 LNG Carriers
GTT has received several orders concerning the tank design of eight new LNG carriers.Seven of the LNGCs will be built by the Korean Shipyard Samsung Heavy Industries (SHI) on behalf of three ship-owners based in America, Oceania and Bermuda.GTT’s Mark III Flex technology has been selected to equip the LNG tanks of six LNGCs ordered by SHI and the Mark III Flex+ technology to equip the seventh. Each unit will offer a 174,000 m3 capacity.
NOV to Supply STP System
National Oilwell Varco, a provider of equipment and components used in oil and gas drilling and production, announced new contract award for submerged turret production (STP) system.APL…
NYK Signs LNG Vessel Order for Total TC
Japanese shipping gaint Nippon Yusen Kabushiki Kaisha (NYK) has signed a new long-term contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of Total…
Svanehøj Opens Office in Japan
Pump manufacturer Svanehøj is moving closer to a growing customer base in East Asia.The growth of LNG as a fuel opens the door to a huge market for pump manufacturer Svanehøj Group, which is behind the brands Svanehøj, Hamworthy Pumps, Eureka and Dolphin. This year, the company, headquartered in Aalborg, Denmark, expects to quadruple sales of its Svanehøj ECA Fuel Pump for LNG, Ethane and Methanol…
FLNG Market to Touch $17.5Bln by 2026
The global floating liquefied natural gas (FLNG) market is estimated to grow at CAGR above 5.2% over the forecast time frame 2019 to 2026 and reach the market value…
APAC Marine Coatings Market to Hit $12Bln in 2024
The marine coatings market demand by 2024 will rise exponentially driven by rapid surge in trade activities worldwide has led to increase demand from the shipbuilding…
Shell Charters LNG-Powered Tanker Fleet
Shell Tankers (Singapore) Private Ltd has agreed a long-term deal to charter a fleet of 10 LNG dual-fuel Aframax crude oil tankers from Sinokor Petrochemical Co Ltd…
MAN ES Expands its Digital Network
MAN Energy Solutions and Samsung sign strategic digitization agreement MAN Energy Solutions and Samsung Heavy Industries Co., Ltd. have signed a strategic cooperation agreement for the digitization of marine engines. Together the companies want to define a framework for a long term strategic cooperation in order to develop technologies and systems for the digitization of marine engines.“Digital technologies and the business models based on these technologies will transform the maritime industry.
SHI to Build 10-LNG-fuelled Tankers
South Korean shipbuilder Samsung Heavy Industries (SHI) is to build 10 LNG-powered crude tanker vessels.The order was placed by an unnamed "Oceanian" customer. The…
World's Largest Boxhip's Asia-Europe Maiden Voyage
Swiss-based global container shipping company MSC Mediterranean Shipping Company announced that MSC Gülsün, the world’s largest container ship, has arrived in Europe…
Samsung Heavy Bags LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a deal to build a liquefied natural gas (LNG) carrier for an Asian customer.According to Yonhap…
SHI Thrusts on Smart Ship Technology
South Korean shipbuilding giant Samsung Heavy Industries (SHI) has pushed ahead with advancing smart ship technology thanks to joint work with global equipment producers on SVESSEL…
GasLog Adds New LNGC from SHI
Monaco-based shipowner GasLog has taken delivery of the 180,000-m3 GasLog Warsaw liquefied natural gas carrier (LNGC) from South Korea’s Samsung Heavy Industries…
SHI Develops Lithium-Ion Battery System
South Korean shipbuilder Samsung Heavy Industries (SHI) said that it has developed a lithium-ion battery power system for ships.A press release from the shipbuilding giant said that the system…
Floating LNG Power Vessel Market to $1bln by 2025
The global floating LNG power vessel market was USD 931 million in 2018 and is anticipated to reach USD 1,041 million by 2025, at a CAGR of 1.61% between 2019 and…
Höegh LNG Wins FSRU Deal with Cheniere
Norway-based floating LNG giant Höegh LNG has signed a time charter contract for a floating storage and regasification unit (FSRU) Höegh Galleon with Cheniere Marketing…
SHI Bags $125mln Order for 2 Crude Carriers
South Korean shipbuilder Samsung Heavy Industries Co (SHI) said that it has clinched a deal worth 147 billion won (US$124 million) to build two crude carriers.According…
Offshore: New Project Pace Quickens
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.However…