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Mega 20,150 TEU Containership Named MOL Triumph
A new 20,150 TEU containership has captured the âworldâs largestâ title: MOL Triumph, the first in a series of new mega containerships for Japanâs Mitsui O.S.K. Lines, Ltd., (MOL) was named at Samsung Heavy Industries, Ltd.âs (SHI) Geoje, South Korea shipyard. MOL Triumph is the first of four 20,000 TEU class ultra-large container carriers ordered by MOL in February 2015 to be built by SHI for 2017 delivery.
Keel Laid for Teekayâs First New Canada Tanker
Teekay Offshore will be the sole supplier and operator of shuttle tankers sfor East Coast Canada(ECC), says Teekay Corporation. On February 15, the keel laying ceremonyâŚ
GTT Receives Order to Equip FSRU
GTT said it has received an order from Samsung Heavy Industries (SHI) to equip a floating storage and regasification unit (FSRU) with its Mark III cryogenic membrane containment system.
Nakilat assumes Management of Al Dafna
Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Dafna from STASCo (Shell Trading and Shipping Company Ltd.) with effect from 2 February 2017âŚ
Samsung Heavy Trims Operating Loss for 2016
Samsung Heavy Industries (SHI), South Korea's second largest shipbuilder, has managed to reduce its operating loss by around 90 percent due to a stabilization inâŚ
Höegh LNG Orders 4 FSRU from Samsung Heavy
South Korea's Samsung Heavy Industries Co has won one firm Shipbuilding Contract (SBC) and an agreement for three optional floating storage and regasification units (FSRUs) from Hoegh LNG Holdings.
Samsung Heavy Mulls $6 Bln Orders This Year
South Korean major shipbuilder Samsung Heavy Industries Co is aiming to clinch orders worth more than US$6 billion this year, South Korea's Yonhap news agency reported the company's head as saying.
Samsung Wins $1.26bln Contract from BP
Samsung Heavy Industries, South Korea's major shipyard, build a floating production unit for British oil multinational BP that will be used in offshore drilling in the Gulf of MexicoâŚ
Gaslogâs New LNGC to Feature Mark V Technology
Following Samsung Heavy Industriesâ (SHI) order announced last October 11, 2016, the new GTT's Mark V technology is confirmed as the technology to equip the newâŚ
The Top 10 Ships of 2016
Maritime Reporter & Engineering News (www.marinelink.com), published since 1939, annually publishes details on the worldâs âGreat Ships of the Year.â Of the 18 selected as âGreat Ships of 2016,â here we rank the Top 10 Ships of 2016, according to the editors of Maritime Reporter & Engineering News. Why: Second in series of the worldâs first LNG powered containerships. Shipyard: Philly Shipyard Inc. Owner Reliance Industries Ltd. Owner: Arctia Icebreaking Ltd.
FSC Denies Mergers Between Big Three Shipbuilders
The chairman of South Korea's Financial Services Commission, Yim Jong-Yong, reiterated that Daewoo Shipbuilding and Marine Engineering (DSME) would not be mergedâŚ
Gloomy 2017 for Korea Shipyards
South Koreaâs three majors shipbuilders are forecast to get much fewer orders next year, Yonhap reports quoting industry sources. The three shipyards - Hyundai Heavy Industries (HHI)âŚ
Great Ships of 2016: Ethane Crystal
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. Owner: Reliance Industries, Ltd. The worldâs first very large ethane carrier (VLEC), Ethane Crystal, has been delivered to Indiaâs Reliance Industries Ltd. by South Korean shipbuilder Samsung Heavy Industries (SHI). The vessel is now the worldâs largest purpose-built ethane carrier â comparable in size to todayâs very large gas carriers (VLGC) â and with its 87,000 cu.
Höegh LNG Orders Four FSRUs at Samsung Heavy
Norwayâs floating liquefied natural gas company Höegh LNG has signed a Letter of Intent (LOI) for one firm and three optional floating storage and regasificationâŚ
Höegh LNG, SHI Ink FSRU Deal
Höegh LNG Holdings Ltd. has signed a Letter of Intent ("LOI") for one firm and three optional FSRUs at Samsung Heavy Industries (SHI) in South Korea. The 170,000âŚ
Samsung Heavy Cancels $776.8 mln LNG FPSO Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract worth a 907.6 billion won ($776.8 million) for the construction of a liquefiedâŚ
Nakilat Transfers LNG Umm Slal to in-house Management
Nakilat has assumed full ship management and operations of Q-Max LNG carrier Umm Slal from STASCo (Shell Trading and Shipping Company Ltd.) effective November 23, 2016, as part of the planned transition announced last month. With a cargo carrying capacity of 265,978 cu. m., Umm Slal is wholly-owned by Nakilat and chartered by Qatargas. The vessel built in South Korea by Samsung Heavy Industries was delivered in November 2008 and has been in service ever since.
FORAN Expands User Base in Korea
These are difficult times for the shipbuilding industry, in particular that of Korea, which faces its worst-ever order drought. Big, medium-sized and small shipbuilders are undergoing deep restructuring as a consequence of the workload downturn. However, despite the crisis Korea is still the global leader in newbuilding deliveries, and its shipyards continue to demand, and now more than ever appreciate, improvements in all areas of management, design and production.
India Signs MoUs With Foreign Countries for Building Ships and Ports
(i) Memorandum of Understanding between the Government of the Republic of India and the Islamic Republic of Iran over partnership of India in development plan of Chabahar PortâŚ
Hyundai Heavy to be Split into 4 Firms
Shipbuilder to be split into four companies; spinoff is part of restructuring plan submitted to creditors. South Korea's Hyundai Heavy Industries is being split into four companiesâŚ
