General
KSOE CEO released the first statement
Korea Shipbuilding & Offshore Engineering (KSOE) CEO Kwon Oh-gap released his first official statement on June 11. The statement included a few important points: ▲KSOE would be a paradigm changer ▲KSOE needs to be the frontline against...
2019-06-11 16:26:03
DSME buys more time against public tender ban
The Court suspended the effect of the public tender ban on Daewoo Shipbuilding & Marine Engineering (DSME). The Seoul High Court acknowledged DSME’s appeal for suspension of execution against the ban, which was inflicted by the Korea Fai...
2019-06-11 15:16:00
“Dubai Maritime Virtual Cluster” proves strong attractio
The "Dubai Maritime Virtual Cluster" platform, under the umbrella of the Dubai Maritime City Authority (DMCA), has drawn strong interest from visitors to Nor-Shipping 2019, which is currently underway in Oslo and Lillestrøm. The number of attend...
2019-06-11 08:33:25
DSME develops VR training system
Daewoo Shipbuilding & Marine Engineering (DSME) has developed a training system using virtual reality (VR) for crewmen, which aims to give sailors training for cutting-edge gears before they get on completed ship. DSME invited directors an...
2019-06-11 08:22:52
One dead as crane collapses at YZJ
A crane collapsed on June 10 at Yangzijiang Shipbuilding (Holdings) Group's (YZJ's) Yangzi Xinfu shipyard.  When the accident occurred, according to China's local media outlet, a bulker was on construction at the yard.  The crane ...
2019-06-11 08:21:05
Three bidders came out for Sungdong sellout
Three bidders emerge for the bidding of court-managed Sungdong Shipbuilding & Marine Engineering. On June 7, three strategic investors submitted LOI to the preliminary bidding by Samil PwC and Changwon District Court. The main tender is...
2019-06-10 15:18:05
Korea to enhance marine cooperation with Russia
The Ministry of Trade, Industry and Energy (MOTIE) announced on June 5 that it is holding the ‘9th Korea-Russia Industrial Cooperation Committee’ at Moscow to enhance two countries’ cooperation in shipbuilding and offshore businesses. Korea...
2019-06-07 15:18:12
Inmarsat-Hyundai Global Service tie for digitalization
Inmarsat has signed a business cooperation agreement that allows Hyundai Global Service (HGS) to offer ship owners and managers a digital total care solution route to maritime digitalisation. HGS was established in 2016 by parent group Hyundai He...
2019-06-07 10:39:35
McDermott won contract for Mozambique LNG development
McDermott International, Inc. (NYSE: MDR) announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas ...
2019-06-07 10:38:27
HHI union continues to strike
HHI (Hyundai Heavy Industries) branch of the Korean Metal Workers' Union (KMWU) continued the strike opposing the physical division recently decided at the general meeting of shareholders. On June 4, the union waged a 7-hour partial strike fro...
2019-06-04 15:16:42
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