International Maritime Industries (IMI) is a joint venture between Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries. Once fully operational, IMI will become one of the largest full-service maritime facilities in MENA.
The digital revolution at sea is already under way and the evolution of ship design will follow that of automobiles, according to Dr Martin Stopford, non-executive president of Clarksons Research Services.
SITC International Holdings Company has placed an order for up to 12 feeder boxships from China’s Yangzijiang Shipbuilding.
MacGregor reports that it has secured a contract to supply a monopole installation system for the OHT offshore wind foundation installation vessel Alfa Lift.
London-listed strategic infrastructure investment firm, InfraStrata, is buying the UK’s Appledore Shipyard for £7m and will rename it Harland and Wolff (Appledore). The north Devon yard was shut by its former owner, Babcock, in March 2019.
Zhejiang Satellite Petrochemical has confirmed shipbuilding contracts for the construction of four VLECs with Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI).
Lloyd’s Register (LR) group ceo, Alistair Marsh, is to step down and leave the classification society’s main Board at the end of 2020.
IMC’s Aurora Tankers has taken delivery in the first of eight IMO 2 MR tankers from CSSC Shipping.
Swire Shipping has taken delivery of its second 2,400 teu newbuild containership into its fleet.
Bahri has inked a $410m agreement with Hyundai Mipo Dockyard (HMD) for 10 chemical tanker newbuildings.