» DEME sets sights on Orion delivery as offshore wind market to grow to USD50.5 billion
23/11/18 12:05 from Fairplay Daily News
Belgian offshore vessel owner DEME is on course to take delivery of its 40,000 dwt offshore windfarm installation ship Orion at the end of this year following the vessel's launch at China's Cosco Qidong shipyard.

» MEPC takes on ocean plastics
23/11/18 11:45 from Fairplay Daily News
Increased public awareness of concentrations of marine debris floating in the northern Pacific Ocean, known as ‘garbage patches’, is among the drivers that have resulted in the IMO taking a harder look at marine plastic litter.

» Indonesia softens foreign shipping restrictions on international trade
23/11/18 09:50 from Fairplay Daily News
The Indonesian National Shipowners’ Association (INSA) has adopted a more softly-softly approach to its push to have the national flag fleet carry the nation’s international trade.

» STX O&S eyes refund guarantees after sale of non-core assets
23/11/18 08:54 from Fairplay Daily News
STX Offshore & Shipbuilding (STX O&S) is looking forward to obtaining refund guarantees for its tentative orderbook, following the sale of all non-core assets.

» Seoul launches fund for LNG-fuelled vessels
22/11/18 13:19 from Fairplay Daily News
South Korea’s Ministry of Trade, Industry, and Energy (MOTIE) on 22 November announced a KRW1.7 trillion (USD1.5 billion) fund to subsidise the building of 140 vessels fuelled by liquefied natural gas (LNG).

» CITIC funds Oriental Energy VLGCs
22/11/18 13:05 from Fairplay Daily News
Chinese state-owned investment group CITIC is financing the construction of two very large gas carriers for compatriot LPG trading group Oriental Energy.