Daewoo sets Cloud System [Equipment]
Daewoo Shipbuilding & Marine Engineering announced on 19 December that it would start building a next-generation document management system in the end of this year to establish cloud computing. Documents will be saved in server, not in personal c...
2011-12-20 06:57:19
New orders halved [Shipbuilding]
World cumulative new order in the first 11 months just stands half of that in 2010. According to Clarksons, overall newbuilding order during January-November period halved the same period last year's 2,236 vessels of 137.5m dwt, with 1,141 vessels...
2011-12-20 06:53:10
Hyundai to recover with offshore [Finance]
Daewoo Securities of South Korea maintained its buying opinion and target share price of KRW 470,000 ($406.6) for Hyundai Heavy Industries, forecasting performance recovery in offshore & engineering division during the second half of 2012. Analys...
2011-12-19 13:01:58
Offshore-plant promotion forum [General]
Korea Maritime Institute (KMI) holds 'Offshore plant service promotion forum' on 19 December. During the forum, offshore plant service business is re-configurated to find ways to enhance into high-value future-leading business. Although South ...
2011-12-19 12:16:38
Hyundai wins offshore, hits $19.8bn [Offshore]
Hyundai Heavy Industries revealed on 18 that it inked new order for offshore plant valued at KRW 1trn ($900m) from global oil major. The South Korean builder is to make two gas-platform units and other facilities totalling 16,000 ton on offshore g...
2011-12-19 10:44:52
Plate prolonged inventory adjustment [Equipment]
Due to slump in shipbuilding market, inventory coordination for thick plate takes time than expected. Analyst Kim Hyun-Tae from KB Investment & Securities of South Korea said, "Thick plate is suffering from decrease in demand and cost cut pressure...
2011-12-19 10:26:10
Hamworthy's world 1st scrubber onboard [Equipment]
Hamworthy Krystallon, the world leading marine scrubbing technology manufacturer, announced that the first of four vessels installed with the company's seawater scrubbers for leading Italian shipowner Ignazio Messina & Co has come on line. Linea M...
2011-12-19 08:01:43
IHC to buy Southeast Asia yard [General]
IHC Merwede B.V., the Dutch builder of dredgers and oil-rig support vessels, is in talks to acquire a Southeast Asian shipyard because of lower wages and rising energy exploration. “We have to be more cost effective,” President Govert Hamers ...
2011-12-19 07:59:09
Damen wins PSV's [Offshore]
Newly founded offshore support company World Wide Supply (WWS) has ordered four PSV 3300 CD's with Damen Shipyards. The PSV 3300 CD, built according to Damen's E3 principles, is a newly designed platform supply vessel for servicing oil and gas ri...
2011-12-19 07:55:05
Cheniere eyes 2nd LNG export plant [General]
Cheniere Energy has proposed a second liquefied natural gas export plant on the US Gulf Coast after buyers across the world lined up to buy the cheap American fuel, a report said. The Houston-based LNG developer plans to build the export plant at...
2011-12-19 07:53:34
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