AUGUST 1, 2018 — Christophe de Margerie, the icebreaking LNG carrier owned and operated by Russia’s Sovcomflot (SCF Group), has crossed the Northern Sea Route (NSR) in a new record time for
JULY 24, 2018 — Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has received approval in principle (AiP) from Lloyd’s Register for the DSME Smart Ship Solution (DS4), receiving the Cyber SECURE
JUNE 29, 2018 — Antwerp, Belgium, headquartered Euronav Tankers NV (NYSE: EURN & Euronext: EURN) reports that it has acquired the ULCC Seaways Laura Lynn from Oceania Tanker Corporation, a subsidiary of
APRIL 19, 2018 — Korea’s Yonhap news agency reports that an independent committee overseeing Daewoo Shipbuilding & Marine Engineering Co (DSME). has recommended that the shipbuilder’s current CEO, Jung Sung-leep, lead the
APRIL 17, 2018 — Eleven 23,000 TEU containerships ordered by Mediterranean Shipping Company (MSC) at two South Korean shipyards will each be equipped with a MAN B&W 11G95ME-C9.5 main engines. MAN Diesel
MARCH 4, 2018 — Doha, Qatar, headquartered Nakilat (Qatar Gas Transport Company) has expanded its joint venture partnership with Greek shipping company Maran Ventures Inc., to include two additional LNG vessels. The
JANUARY 1, 2018 — South Korean shipbuilders have sharply raised their order targets for 2018, reports the Yonhap news agency. Yonhaps cites its sources as saying that Hyundai Heavy Industries Co. (HHI)
NOVEMBER 10, 2017 — Damen Shipyards Group has entered into a share purchase agreement with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) for the acquisition of its majority share in Daewoo
APRIL 28, 2017 — Allseas’ dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit set a world lifting record today with the safe and successful removal of Shell UK’s 24,000 t Brent
that major bondholders of Daewoo Shipbuilding & Marine Engineering Co. today agreed to the debt rescheduling measures proposed by the state-run Korea Development Bank (KDB). The National Pension Service (NPS), which owns