Keppel Corporation & Sembcorp Marine Sign Definitive Agreements For Proposed Combination Of Keppel O&M And Sembcorp Marine

Summary of Transactions The Proposed Combination involves the establishment of a new holding company (the “Combined Entity”) which will combine the businesses of Keppel O&M and Sembcorp Marine via separate schemes of arrangement. Under Sembcorp Marine’s scheme of arrangement, Sembcorp Marine will undergo an internal restructuring exercise whereby shareholders of Sembcorp Marine will exchange their …

The post Keppel Corporation & Sembcorp Marine Sign Definitive Agreements For Proposed Combination...

https://www.hellenicshippingnews.com/keppel-corporation-sembcorp-marine-sign-definitive-agreements-for-proposed-combination-of-keppel-om-and-sembcorp-marine/

Sanmar Shipyards Choose MAN 175D for New Svitzer TRAnsverse Tug Design

Sanmar Shipyards in Turkey have placed an order for a pair of MAN 12V175D-MM marine prime movers. The 2 x 2,040 kW-rated propulsion engines were selected to provide power for a new generation 60 TBP TRAnsverse tug. Both engines will be supplied along with MAN Energy Solutions’ versatile and...

https://www.hellenicshippingnews.com/sanmar-shipyards-choose-man-175d-for-new-svitzer-transverse-tug-design/

Kawasaki Receives an Order for an 86,700 m-3 LPG-fueled LPG/ NH3 Carrier

Kawasaki Heavy Industries, Ltd. announced today that it has concluded a shipbuilding contract for an 86,700 m3 liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier powered by LPG fuel for Nippon Yusen Kabushiki Kaisha. This is the third LPG/NH3 carrier for Nippon Yusen Kabushiki...

https://www.hellenicshippingnews.com/kawasaki-receives-an-order-for-an-86700-m-3-lpg-fueled-lpg-nh3-carrier/

HD Heavy chair and CEOs discuss urgent challenges posing shipbuilding industry

Kwon Oh-gap, the chairman of South Korea’s biggest shipbuilding group HD Hyundai, formerly known as Hyundai Heavy Industries Group, on Wednesday held an emergency CEO-level meeting to address to “entirely new type” of crisis from multiple headwinds from China’s lockdown to spike in raw materials and higher borrowing cost. The CEO-level meeting was arranged in …

The post HD Heavy chair and CEOs discuss urgent challenges posing shipbuilding industry first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/hd-heavy-chair-and-ceos-discuss-urgent-challenges-posing-shipbuilding-industry/

GTT receives an order from DSME for the tank design of three new LNG Carriers

GTT announces that it has received, in March 2022, an order from its partner the Korean shipyard DSME for the tank design of three new LNGCs1. GTT will design the tanks of these LNG carriers, with a total LNG tank capacity of 200,000 m3 per ship. Each tank will be fitted with the GTT NO96 …

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https://www.hellenicshippingnews.com/gtt-receives-an-order-from-dsme-for-the-tank-design-of-three-new-lng-carriers/

Korean Shipbuilders Anticipating Big LNG Carrier Orders from Qatar

As Qatar Energy signed its first LNG carrier charter contract with Japan’s MOL, anticipation is growing among Korean shipbuilders for big LNG carrier orders from Qatar. apan’s MOL placed an order to build four LNG carriers with Hudong-Zhonghua Shipbuilding in China. The Japanese company will lease...

https://www.hellenicshippingnews.com/korean-shipbuilders-anticipating-big-lng-carrier-orders-from-qatar/

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