Author: cecilia

Schottel delivers first thruster with new ProAnode

The first Rudderpropeller with Schottel’s newly developed and patented ProAnode has left the company’s Doerth, Germany, factory. According to Schottel, the new anode provides higher standards of corrosion protection. As the position of the anode has been moved from the outside surface into the cross-section of the nozzle tail, there are also operational benefits, such as reduced flow i...

Alfa Laval Introduces PureBallast 3.1 Compact Flex

Now in its third generation, the newest Alfa Laval PureBallast ballast water treatment system has been engineered to minimize footprint and installation costs. Alfa Laval PureBallast 3.1 Compact Flex is the latest addition to the PureBallast family of systems. Based on loose components, it is the answer to space and flexibility needs. Available for flows of 32–1,000 m3/h, it packs the leading ball...

S. Korea’s LS Cable & System installs undersea cable for U.S.’s first offshore wind farm

South Korea’s leading cable maker LS Cable & System Ltd. said on Thursday that it has successfully completed the installation of its underground cables for the first offshore wind farm in the United States. The company hopes that the latest project can allow it to expand presence in the rapidly growing U.S. wind energy market. According to the company, it has recently installed submarine cable...

HHI’s Survival Put to Question If Order Shortage Persists

Despite a surge in orders at South Korean shipyards in September which enabled them to overpower their Chinese counterparts, Hyundai Heavy Industries (HHI) seems to be suffering from acute lack of orders. According to HHI’s Vice Chairman Oh-Gap Kwon, cited by local media, the company managed to score orders for 30 vessels this year, which is only a third of the expected orders for over 100 ships. ...

UNIST Working on Novel Electric Bike

  The Ulsan National Institute of Science and Technology (UNIST) announced on October 10 that its research team led by professor Jung Yeon-woo and auto parts manufacturer Mando unveiled the concept of their hybrid module mobility at Frankfurt IAA Motor Show 2017. The hybrid module mobility can be defined as a novel electric bike targeting the European market. Its battery is charged by pedalin...

Scrubber Uptake by 2020 to Fall Short of Expectations?

The base case figure for projected uptake of how many ships will have exhaust gas cleaning systems (EGCS), or scrubbers, installed by 2020 may not be happening because current orders are slow. The base case figure for projected uptake of scrubbers in the official availability study presented to the International Maritime Organization in 2016 “may be too optimistic,” the study’s lead author, Jasper...

1st Ever Floating LNG Ship-to-Shore System Launched

As the LNG industry is looking at a new era in LNG distribution, Gas Natural Fenosa and Connect LNG have made the first ever floating LNG ship-to-shore system a reality. During the sea launch of the first full-scale Universal Transfer System (UTS) on October 7, the duo carried out a complete operation including transfer of LNG from Skangas’ LNG carrier Coral Energy to the onshore LNG terminal at H...

France, Italy Agree on STX Shipyard Ownership Split

The French and Italian governments have agreed on a shared ownership deal of the STX France shipyards, but with a clause giving France the right to take control if needed, Le Monde newspaper reported. Le Monde reported, citing an adviser to French President Emmanuel Macron, that Italian company Fincantieri could get 51 percent ownership, including a 1 percentage point stake lent to it by France, w...

Statoil Charters ULCC to Hold Crude for Asia buyers

Oil storage is feasible with low freight rates, capital costs; backwardation pushes traders to churn oil faster from storage. Norway’s Statoil ASA has chartered the last remaining Ultra-Large Crude Carrier (ULCC), the world’s largest oil tankers, to store oil off of Malaysia for distribution in smaller parcels to its clients in Asia, company executives said. Statoil has booked the TI E...

South Korea to boost LNG use in power production, transport to cut pollution

South Korea is looking to switch the coal-fired power plants currently under construction in the country to LNG-fueled turbines as it looks to cut down on pollution. According to a joint statement by South Korean ministry of trade industry and energy with the ministries of environment, transport and finance noted that the government is looking to reduce the fine dust emissions by 30 percent by 202...

KOGAS Earns First Dividend Income from Surgil Project in Uzbekistan

KOGAS announced on September 26 that the company achieved the first dividend income of approximately 25 million dollars from the Surgil Gas Field Development and Gas Chemical Plant Construction and Operation project in Uzbekistan. The Surgil project is a high-value-added package-type resources development project through which KOGAS jointly develops a gas field in Surgil and produces gas in concer...

Hyundai Heavy Industries Signed $800 Million Order to Build 10 VLOCs with Polaris Shipping

Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that it signed a $800 Million worth contract to build ten 325,000 dwt VLOCs (Very Large Ore Carrier) with Polaris Shipping, the domestic dry bulk owner and operator, on September 25. The contract is the largest single order in the last five years since Hyundai Heavy Industries received an order of ten large-sized cont...

Lost Password

Register

Skip to toolbar