DSME completes delivery of Sonangol drillship [Photo News]
Daewoo Shipbuilding & Marine Engineering (DSME) announced on May 17 that it completed the delivery of the second drillship Sonangol had ordered at the yard, holding the christening ceremony. On the ceremony presented DSME President Lee Seo...
2019-05-20 08:33:09
DSME completes delivery of Sonangol drillship [Offshore]
Daewoo Shipbuilding & Marine Engineering (DSME) announced on May 17 that it completed the delivery of the second drillship Sonangol had ordered at the yard, holding the christening ceremony. On the ceremony presented DSME President Lee Seo...
2019-05-20 08:32:32
Dongsung attains AiP for 90K VLEC tank [Equipment]
Dongsung LTS, a subsidiary of Dongsung Corporation, announced on May 15 that the Korean tank engineering expert received an approval in principle (AiP) from Lloyd's Register (LR) for its IMO Type B tank for 90K ethane carrier. According to the...
2019-05-20 08:31:56
SM KLC takes delivery of 82K BC [Shipping]
SM Group's shipping arm SM KLC (Korea Line Corporation) announced that the company has recently taken delivery of one 82,000 dwt bulker newbuild. SM KLC ordered four 82K bulkers in May 2017 for a 10-year bituminous coal transportation contract...
2019-05-20 08:31:26
Korea received the second largest orders in April [Market Information]
The Korean shipbuilding industry followed China’s lead (64%) in April’s shipbuilding order intake with 23% of the market share. Clarksons Research reported that among 1.21m-cgt (40 units) of newbuildings ordered in April 2019, China took 7...
2019-05-17 16:01:29
Navios exercised VLCC option at Imabari [Shipbuilding]
Tanker operator Navios Maritime Acquisition, led by Angeliki Frangou, has exercised a newbuilding option for a 310,000-dwt VLCC it held at Imabari Shipbuilding. TradeWinds and other sources reported that the delivery would take place in 2021. ...
2019-05-17 15:51:03
HHI appealed for support for DSME acquisition [General]
HHI (Hyundai Heavy Industries) is promoting its decision of physical division and the acquisition of DSME (Daewoo Shipbuilding & Marine Engineering) in Ulsan local communities. The company stated that it is distributing promotion materials...
2019-05-17 15:12:58
HHI union fires 2019's first strike [General]
HHI branch of the Korean Metal Workers' Union (KMWU) started a strike on May 16 to express opposition to the management's physical division plan. On the day, HHI union conducted a 4-hour partial strike, organizing a rally in front of HHI's Uls...
2019-05-17 14:37:40
SHI got a legal blow in UK [General]
SHI (Samsung Heavy Industries) announced on May 16 through a regulatory filing that a London arbitration court ordered it to compensate a total of $180m to Ensco Global IV Ltd. SHI had delivered a new drillship (DS-5) in 2011, which it had won...
2019-05-17 13:45:27
SBM Offshore 1Q result posted [General]
SBM Offshore posted its first quarter results on May 16. Bruno Chabas, CEO of SBM Offshore, commented: “SBM Offshore’s performance over the first quarter of 2019 has been on target and our guidance for the full year remains unchanged. O...
2019-05-17 10:23:11
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