PALFINGER to supply lifesaving equipment to hybrid ferry [Equipment]
PALFINGER MARINE announced on December 5 that it is chosen as the supplier of lifesaving equipment to the world’s largest hybrid ferry. PALFINGER MARINE will equip MS Color Hybrid with lifeboats, fast rescue boats and accompanying davits. Th...
2017-12-11 07:26:44
KRISO nets five engineering deals [Equipment]
The Advanced Technology Engineering Center (ATEC), which is operated by the Korea Research Institute of Ships and Ocean Engineering (KRISO), has recently won new oil & gas contracts in a row. Over the last three years, the ATEC has accumul...
2017-12-11 07:26:25
Korea reveals vehicle technology promotion plan [Shipbuilding]
The Ministry of Science and ICT of Korea released a 10-year road map for the technological innovation of unmanned vehicles on December 7 with the goal of promoting the domestic unmanned vehicle industry including self-driving car, drone and unman...
2017-12-11 07:25:38
Korea to help struggling yards shortly [Shipbuilding]
Regarding a restructuring solution for his compatriot mid-sized struggling shipbuilders such as STX Offshore & Shipbuilding and Sungdong Shipbuilding & Marine Engineering, Kim Dong-Yeon, Deputy Prime Minister and Minister of Strategy and ...
2017-12-11 07:24:39
2017 so far saw 67% yoy growth [Shipbuilding]
Global yards have received orders for 58 units at 1.4m cgt in November, expanding from October’s 41 units, 1m cgt. According to Clarkson Research, China topped the November competition with 910,000cgt (41 units), followed by Italy (310,000cg...
2017-12-11 07:23:58
HHI bags one new VLCC [Shipbuilding]
Hyundai Heavy Industries (HHI) turns out to have won one very large crude carrier (VLCC) from its compatriot logistics company Hyundai Glovis. According to a foreign press, Hyundai Glovis placed an order at HHI for the 310,000 dwt newbuilding ...
2017-12-11 07:22:54
Samkang establishes massive repair yard [Shipbuilding]
“We will lead the recovery of Korean shipbuilding industry by making Samkang S&C, the first and only large repair/conversion yard in Korea, a global player.” Song, Moo-Suk, Chairman and CEO of Samkang M&T and Samkang S&C (Shipbui...
2017-12-11 07:04:18
SBM Offshore awarded turnkey contract for Johan Castberg [Offshore]
SBM Offshore announced on December 6 that the Company has been awarded the contract and received the corresponding notice from Statoil to proceed with the engineering, procurement, construction (EPC) work scope for a large-scale turret mooring sy...
2017-12-08 07:30:02
Sembcorp Marine wins Statoil contract [Offshore]
Sembcorp Marine Ltd (the “Group”) announced on December 6 that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has secured a US$490 million contract from Statoil Petroleum AS (“Statoil”) on the turnkey Engine...
2017-12-08 07:29:11
Wärtsilä Electrical and Automation JV now fully operationa [General]
The technology group Wärtsilä announced on December 6 that it has announced the opening of CSSC Wartsila Electrical & Automation (Shanghai) Co. Ltd.(CWE&A), the joint venture company with China State Shipbuilding Corporation (CSSC). The...
2017-12-08 07:28:28
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