Yangzijiang bags shipbuilding contracts for 15 more vessels with total value of US$1 bil

Yangzijiang Shipbuilding (Holdings) has secured shipbuilding contracts for a further 15 vessels for a total contract value of US$0.97 billion ($1.29 billion). The new order wins come after the Mainboard-listed group secured agreements worth US$1.3 billion for the building and delivery of 29 vessels on Feb 8, followed by another 31 vessels with a total …

The post Yangzijiang bags shipbuilding contracts for 15 more vessels with total value of US$1 bil first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/yangzijiang-bags-shipbuilding-contracts-for-15-more-vessels-with-total-value-of-us1-bil/

Damen And Purus Marine Team Up To Finance Maritime Energy Transition

Damen Shipyards Group has announced a partnership with Purus Marine, an environmentally focused maritime vessel and infrastructure company established by EnTrust Global, for the financing of green shipping projects. The partnership, named DP Lease, aims to provide client-centric, flexible and attractively priced long-term lease financing solutions to solve the financing gap created by additional capital …

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https://www.hellenicshippingnews.com/damen-and-purus-marine-team-up-to-finance-maritime-energy-transition/

GTT upgrades its NO96 technology to further reduce the guaranteed Boil Off Rate

GTT has developed the NO96 Super+, an evolution of the NO96 Cargo Containment System (CCS), which has recently received an Approval in Principle (AiP) from the classification society Bureau Veritas. The new NO96 Super+ technology integrates insulating Reinforced Polyurethane Foam (R-PUF) panels instead of plywood boxes, used for both the primary and secondary insulation spaces, …

The post GTT upgrades its NO96 technology to further reduce the guaranteed Boil Off Rate first appeared on Hellenic...

https://www.hellenicshippingnews.com/gtt-upgrades-its-no96-technology-to-further-reduce-the-guaranteed-boil-off-rate/

Sales expansion in China by a Chinese licensee: Receiving orders of the world’s first 6UEC33LSH-C2 and the latest 6UEC42LSH-Eco-D3 for multiple projects

Japan Engine Corporation(:J-ENG) has announced that a Chinese licensee, Zhejiang Yungpu Heavy Machinery Co., Ltd., has received orders for multiple projects, the world’s first 6UEC33LSH-C2 for a Chinese costal bulk carrier, and 6UEC42LSH-Eco-D3 for a Chinese costal chemical tanker. The UEC33LSH-C2 engine is being developed as the successor of best seller engine of UEC33LSII, to …

The post Sales expansion in China by a Chinese licensee: Receiving orders of the world’s first 6UEC33LSH-C2 and the...

https://www.hellenicshippingnews.com/sales-expansion-in-china-by-a-chinese-licensee-receiving-orders-of-the-worlds-first-6uec33lsh-c2-and-the-latest-6uec42lsh-eco-d3-for-multiple-projects/

GTT receives an order from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of a new LNG Carrier

GTT announces that it has received an order from its partner the Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of a new LNGC1 on behalf of the Chinese ship-owner ShenZhen Gas Corporation Ltd. GTT will design the tanks of the vessel which will offer a cargo...

https://www.hellenicshippingnews.com/gtt-receives-an-order-from-hudong-zhonghua-shipbuilding-group-co-ltd-for-the-tank-design-of-a-new-lng-carrier/

Samsung shipyard acquires independent technologies for wind turbine installation vessel

Samsung Heavy Industries, a major shipbuilder in South Korea, has acquired original technologies for the construction of a wind turbine installation vessel (WTIV) featuring eco-friendly technologies. The vessel is designed for the installation of offshore wind turbines. Similar to a jack-up rig, it is self-elevating. Samsung Heavy Industries (SHI) said that the design of its …

The post Samsung shipyard acquires independent technologies for wind turbine installation vessel first appeared on Hellen...

https://www.hellenicshippingnews.com/samsung-shipyard-acquires-independent-technologies-for-wind-turbine-installation-vessel/

Hyundai Heavy Industries Holdings: Valuation and Dividend Merits Intact

Maintain BUY; Raise target price to KRW67,000 We raise our 12m fwd TP for HHIH by 11.7% from KRW60,000 (post-stock split basis) to KRW67,000 (12m fwd BVPS x 0.73x target P/B). Our TP was bumped up to reflect upward revisions to earnings estimates (2021E/2022E NP attributable to controlling...

https://www.hellenicshippingnews.com/hyundai-heavy-industries-holdings-valuation-and-dividend-merits-intact/

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