TEPCO to build largest offshore wind farm in Japan [Offshore]
Tokyo Electric Power Company (TEPCO) plans to set up the largest offshore wind farm in Japan. According to industrial source and foreign press, there is high possibility of the wind farm being built off Choshi, Chiba Prefecture. Also, the wind...
2019-01-18 08:26:12
TSM to secure LPG-powered VLGC [Shipbuilding]
It turned out that one very large gas carrier (VLGC) Tianjin Southwest Maritime (TSM) booked at Jiangnan Shipyard will be fitted with a dual fuel propulsion system that is capable of using LPG fuel.  According to industrial source and Tra...
2019-01-18 08:25:46
HHI·HMD reveal 2018 new order value [Shipbuilding]
Hyundai Heavy Industries (HHI) announced through a regulatory filing on January 17 that its 2018 new order intakes reaches $9.093bn (tentative calculations), up by 51.52% against 2017.  By HHI business segment, last year, shipbuilding div...
2019-01-18 08:25:19
"Point is increase in LNGC newbuilding prices" [Shipbuilding]
The volume of global LNG liquefaction export terminal projects which see final investment decision (FID) this year is expected to surpass a 60 mtpa level, nearly three times the figure posted in 2018 (21 mtpa). It is also a record that exceeds 45...
2019-01-18 08:24:54
"43% decline in Korean yard workers" [Shipbuilding]
The number of workers in Korean shipbuilding·offshore industry takes an upturn after hitting rock bottom from the second half of 2018.  On January 15, the Ministry of Employment and Labor (MOEL) submitted a report about the employment in...
2019-01-18 08:24:27
Multiple bidders entered Sungdong race [General]
Multiple bidders have entered a race for Sungdong Shipbuilding & Marine Engineering. Changwon District Court announced on January 17 that multiple bidders had emerged for the bidding of Sungdong Shipbuilding & Marine Engineering, which...
2019-01-17 16:41:22
Damen-IHC engaging in Uljanik auction? [General]
It is said that two Dutch shipbuilders, Damen Shipyards Group and Royal IHC are interested in buying a distressed Croatian shipbuilding company, Uljanik Group. Foreign media and industry quoted Darko Horvat, Croatia's Minister of Economy, as s...
2019-01-17 15:50:05
Samkang to provide scrubbers at Polaris fleet [Shipbuilding]
The Association of High Potential Enterprises of Korea announced on January 16 that its member company Samkang S&C won a deal for the installation of scrubbers at the fleet of Polaris Shipping. When scrubber deals for EPS of Singapore and Hyu...
2019-01-17 14:26:56
CSSC Guangxi won a small LPG carrier [Shipbuilding]
CSSC Guangxi Shipbuilding & Offshore Engineering of China has won a small LPG carrier from a compatriot LPG carrier. Splash and other industry sources told that Hainan Zhaogang Marine has ordered one 5,000-cbm LPG carrier at Qinzhou shipya...
2019-01-17 13:43:56
The Philippines eyeing on HHIC Subic [Shipbuilding]
It is heard that The Philippines government is considering to buy HHIC-Phil for itself. The yard’s parent company Hanjin Heavy Industries and Construction (HHIC) is currently trying to dispose of the yard. The Secretary of National Defense o...
2019-01-17 13:40:05
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