Shipbuilding
Höegh LNG Raises Cash for More FSRU Newbuildings
Höegh LNG Holdings Ltd. has raised NOK 844 million (USD 100 million) in gross proceeds through a private placement of 6.9 million new common shares, each with a par value of USD 0.01 at a subscription price of NOK 122 per share. The company said it intends to use the net proceeds from the private pl
Höegh LNG Raises Cash for More FSRU Newbuildings
Höegh LNG Holdings Ltd. has raised NOK 844 million (USD 100 million) in gross proceeds through a private placement of 6.9 million new common shares, each with a par value of USD 0.01 at a subscription price of NOK 122 per share. The company said it intends to use the net proceeds from the private pl
Time to Decide to LNG or Not to LNG
Low crude oil prices have ‘partially eclipsed’ the cost benefits of adopting LNG as a marine fuel, however, as it is unknown for how long will they linger shipowners need to decide on their next step, Mark Bell, general manager of the Society for Gas as a Marine Fuel (SGMF) said while speaking at Lo
Time to Decide to LNG or Not to LNG
Low crude oil prices have ‘partially eclipsed’ the cost benefits of adopting LNG as a marine fuel, however, as it is unknown for how long will they linger shipowners need to decide on their next step, Mark Bell, general manager of the Society for Gas as a Marine Fuel (SGMF) said while speaking at Lo
Bureau Veritas Takes Over HydrOcean
Bureau Veritas has finalized the acquisition of HydrOcean, a French engineering company specialized in hydrodynamic digital simulation for the maritime industry. Established in 2007, HydrOcean provides design support for the construction of ships, offshore structures, racing yachts and marine energy
Bureau Veritas Takes Over HydrOcean
Bureau Veritas has finalized the acquisition of HydrOcean, a French engineering company specialized in hydrodynamic digital simulation for the maritime industry. Established in 2007, HydrOcean provides design support for the construction of ships, offshore structures, racing yachts and marine energy
Inmarsat Joins Autonomous Ship Project
Global satellite communications provider Inmarsat has joined the Advanced Autonomous Waterborne Applications Initiative (AAWA) recently launched by Rolls-Royce. The project, funded by Tekes (Finnish Funding Agency for Technology and Innovation), will bring industry partners together with universitie
Inmarsat Joins Autonomous Ship Project
Global satellite communications provider Inmarsat has joined the Advanced Autonomous Waterborne Applications Initiative (AAWA) recently launched by Rolls-Royce. The project, funded by Tekes (Finnish Funding Agency for Technology and Innovation), will bring industry partners together with universitie
Polsteam Urged to Stop Beaching Its Ships
Polish government-owned shipping company Polsteam is facing fierce criticism from European environmental organizations for its poor shipbreaking practices. Being a member of the European Union, which disqualifies shipbreaking on tidal beaches as environmentally sound and safe, Poland is obliged to a
Polsteam Urged to Stop Beaching Its Ships
Polish government-owned shipping company Polsteam is facing fierce criticism from European environmental organizations for its poor shipbreaking practices. Being a member of the European Union, which disqualifies shipbreaking on tidal beaches as environmentally sound and safe, Poland is obliged to a
LR: Commercial Ships of 2030 Will Be Smart, Green and Connected
The marine technology of 2030 will combine developments from multiple scientific disciplines in ways that could transform the design, construction and operation of commercial ships through the integration of people, software and hardware, according to the Global Marine Technology Trends 2030 report
LR: Commercial Ships of 2030 Will Be Smart, Green and Connected
The marine technology of 2030 will combine developments from multiple scientific disciplines in ways that could transform the design, construction and operation of commercial ships through the integration of people, software and hardware, according to the Global Marine Technology Trends 2030 report
Solvang Returns to HHI for LPG Carrier Duo
Oslo-listed gas carrier owner Solvang ASA and partners have signed a contract with Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of two 78,700 cbm Liquified Petroleum Gas (LPG) carriers. The vessels will be Panamax VLGC vessels, with the feature of being able to transit both
Solvang Returns to HHI for LPG Carrier Duo
Oslo-listed gas carrier owner Solvang ASA and partners have signed a contract with Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of two 78,700 cbm Liquified Petroleum Gas (LPG) carriers. The vessels will be Panamax VLGC vessels, with the feature of being able to transit both