Unmanned ship to cross Atlantic Ocean
It is said that an unmanned surface vessel (USV) will sail away from Canada sooner or later in order to cross the Atlantic Ocean for the first time in the world. According to a foreign media outlet, the 12m-long 'USV Maxlimer' will sail out so...
CSBC-DEME secures floating turbine deal
CSBC-DEME Wind Engineering (CDWE), a joint venture (JV) established by Belgian offshore contractor DEME Group and Taiwanese shipbuilding major CSBC Corporation, turns out to have signed a contract with Copenhagen Infrastructure Partners (CIP) for...
HHI Group trio continues order slump
The three shipbuilding affiliates of Hyundai Heavy Industries (HHI) Group continuously saw poor order intakes, seeing a steady tone in revenue though since this year to April. From January to April this year, HHI was awarded new orders w...
Hunter discusses resale of VLCC duo
Arne Fredly-led Hunter Group is likely to log big gains with the resale of two very large crude carriers (VLCCs). The Norwegian investment company announced on May 22 that it has received a bid from a third party buyer for two of its VLC...
"New HHI should stay in Ulsan"
The mayor of Ulsan, Song Cheol-ho, visited Ulsan Hyundai Heavy Industries (HHI) Headquarter in Ulsan with six other community delegates to deliver signatures of Ulsan citizens. Around 1,500 citizens provided their signatures. After the meeting...
Golar LNG to spin-off LNG carrier business
Nasdaq-listed Golar LNG revealed its spin-off plan for TFDE LNG carrier business amid its first quarter result report. The company is planning to put more emphasis on FLNG and downstream assets. It envisions a long-term contract based LNG infr...
KOBC sings MOU with UK intelligence outfit
KOBC sings MOU with UK intelligence outfit The Korea Ocean Business Corporation (KOBC) signed cooperative MOU with Maritime Strategies International (MSI) on May 16. MOU is signed for exchange of shipping market intelligence and future collabo...
China delivers first intelligent ASD tugs
Jiangsu Zhenjiang Shipyard has delivered China’s first intelligent tug boats. Sources told that the yard has delivered two Azimuth Stern Drive (ASD) tug boats to Tianjin Port Tug on May 20. The ships are understood to be the first tug ships ...
Deadline for Sungdong revival plan extended
The deadline for the rehabilitation plan of Sungdong Shipbuilding & Marine Engineering is extended again to July. The industry heard that Changwon District Court extended the submission deadline by two months, from May 22 to July 22. The C...
Hyundai trio ink LNGCs and Tankers
Hyundai Heavy Industries group announced on Thursday that its shipyards won new orders for two LNG carriers, four products/chemical tankers and two crude oil tankers. Hyundai Heavy Industries signed two 180,000-cbm LNG carriers worth around $3...
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