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Naval Engineering

NOVATEK to invest RUB 120 billion in production of LNG facilities in Murmansk

NOVATEK has commenced construction of gravity-based LNG lines at its shipyard in Murmansk.

MOL to equip 80 bulkers with energy-saving service

Mitsui OSK Lines (MOL) has confirmed a decision to equip 80 of its operated bulk carriers on a trial basis with a new energy-saving analysis service developed by Helsinki-based software company NAPA.

Sembcorp Marine wins Petrojarl Varg FPSO life extension contract

Sembcorp Marine Ltd reports that its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte. Ltd. has signed an agreement with Varg L.L.C

Korea to restructure policy for shipbuilding industry

Despite the fact that shipbuilding orders awarded to Korean dockyards have seen an increase, local media informed that the need to confirm whether the increase is temporary or sustainable over the long term remains.

Japanese Shipbuilder Mitsui E&S Gains China Foothold

China's Yangzijiang Shipbuilding has entered into a shipbuilding joint venture with Japan's Mitsui E&S Shipbuilding and and Mitsui & Co.

Yangzijiang and Mitsui in China joint venture shipbuilding yard

China's largest private shipbuilder Yangzijiang Shipbuilding has formed a new joint major Japanese shipbuilders Mitsui E&S Shipbuilding (MES-SC) and Mitsui & Co based at one of the Chinese company's existing yards.

Fincantieri Still Aims for an “Airbus of the Seas”

At a press conference Tuesday, Fincantieri CEO Guiseppe Bono expressed continued hope for the creation of what he has dubbed an "Airbus of the Seas" - a tie-up for naval shipbuilding with France's Naval Group.

Finnish LNG icebreaker tests oil recovery capabilities

State-owned Finnish polar services company Arctia has tested the oil-recovery capabilities of its LNG-powered icebreaker Polaris at sea for the first time.

Huntington Ingalls Closes on Sale of Avondale Shipyard

Defense shipbuilder Huntington Ingalls Industries has closed on the sale of the historic Avondale Shipyard site in New Orleans.

Newport Shipping stocks up 100 scrubbers for turnkey retrofit service

Newport Shipping Group has stocked up on 100 scrubbers, with options for a futher 100 so that it can provide turnkey retrofit services to shipowners.

S. Korea: Shipbuilders are starting to sign some big orders

Korean shipbuilders are starting to get orders for big ticket ships like liquefied natural gas tankers.

TGE Marine Gas Engineering Signs Contract For One Of The World’s First Small Scale LNG-FSRU

GE Marine Gas Engineering signed the contract for one of the world’s first floating storage and regasification units (FSRU) for the design and supply of the cargo handling system

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