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Hyundai Heavy Splashes Flex LNG’s New Vessel

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September 9, 2019 South Korea’s Hyundai Heavy Industries has splashed the newest LNG carrier for Oslo-listed ship owner and operator Flex LNG. The newbuilding number 8010, to be named Flex Aurora, was launched at the HHI’s yard on September 6. With a cargo capacity of 174,000 cbm, the new two stroke vessel features a low […]

Yangzijiang Shipbuilding to Build Five Bulkers for Asian Owners

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September 6, 2019 China-based Yangzijiang Shipbuilding has signed contracts for the construction of another five bulkers with Asian owners. The shipbuilder said that the new orders include three 82,000 dwt vessels, one of which was ordered by Japan’s Kambara Kisen, and two 325,000 dwt bulk carriers. The 82,000 dwt bulkers will be built at the […]

Samsung Heavy Joins Forces with MAN on Smart Ship Tech

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August 19, 2019 South Korean shipbuilder Samsung Heavy Industries (SHI) has teamed up with German engine specialist MAN Energy Solutions in a bid to secure a “competitive edge” in winning orders. More specifically, the two sides will cooperate in developing smart ship technology. According to SHI, the Memorandum of Understanding mainly aims at enhancing operating […]

SHI Secures Orders for Ten LNG-Fueled Crude Oil Tankers

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August 19, 2019 South Korea’s Samsung Heavy Industries has received orders to build ten A-max LNG-fueled crude oil tankers for an Oceanian shipowner. According to a stock exchange filing, the deal is valued at KRW 751.3 billion (USD 620.2 million), or KRW 75.1 million per unit. The 113,000 dwt dual-fueled tankers would be delivered in […]

Samsung Heavy Wins USD 186 Mn LNG Carrier Deal

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August 16, 2019 South Korean shipbuilder, Samsung Heavy Industries, has secured a deal to build a liquefied natural gas (LNG) carrier for an Asian customer. According to the builder’s stock exchange filing, the construction contract has a value of around KRW 225.5 billion (USD 185.8 million). The new vessel is scheduled for delivery to the […]

Wärtsilä Unveils 1st Hybrid Installation for Bulk Carriers

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July 9, 2019 The technology group Wärtsilä has achieved a new technology benchmark with the introduction of the marine sector’s first hybrid installation for a bulk carrier. Under the agreement signed on July 8, the system will be installed on the bulk carrier Paolo Topic, built at Onomichi Dockyard in Japan and managed by Marfin […]

MAN Developing New Low-Pressure Gas Engine

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May 23, 2019 MAN Energy Solutions has launched the development of a new low-pressure gas engine as a supplement to its existing high-pressure dual-fuel ME-GI engine. The company cited market demand as the rationale behind the move. “With this announcement, we expect to cater for the segment in the market that prioritises low-pressure dual-fuel, and […]

Hyundai Heavy Wins USD 600 Mn Worth of Gas, Tanker Orders

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April 15, 2019 South Korea’s Hyundai Heavy Industries has secured orders for five new gas and crude carriers, with a value of around USD 600 million, in recent weeks. The shipbuilder said that the units were ordered by European and Asian ship owners and include three gas carriers and two crude oil carriers. An undisclosed […]

Samsung Heavy Wins Another LNG Carrier Order

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March 22, 2019 South Korea’s Samsung Heavy Industries has signed a deal for the construction of one more liquefied natural gas (LNG) carrier. According to the company’s stock exchange filing, the new order has a value of KRW 215.4 billion (USD 190.6 million). The contract comes from an undisclosed Asian shipowner and would see the […]

Samsung Heavy Wins Deal for LNG Carrier Quartet

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February 21, 2019 South Korea’s Samsung Heavy Industries has clinched an order to build four liquefied natural gas (LNG) carriers. The shipbuilder received newbuilding orders from a US shipowner, SHI said in a regulatory filing without revealing further details. The shipbuilding deal is worth around KRW 870.4 billion (USD 774.9 million) and it would see […]