General
DNV GL-NTU collaborate on 3D printing
DNV GL and Nanyang Technological University, Singapore (NTU Singapore) are supporting academic advances in additive manufacturing – the process of 3D printing – for the maritime, oil and gas and other industries, through a four-year research ...
2019-05-16 08:37:50
Synergy wins Investment in People award
The Synergy Group’s commitment to safety at sea, seafarer welfare and female empowerment in the maritime workforce were recognised at the 2019 Seatrade Awards, hosted last week at London’s magnificent Guildhall. The Singapore-based shipman...
2019-05-16 08:28:22
DSME turns to black for five consecutive quarters
Daewoo Shipbuilding & Marine Engineering (DSME) has gone into the black for five quarters in a row. The Korean shipbuilding heavyweight announced through a regulatory filing on May 15 that it posted revenue of KRW 2.0721trn (about $1.743bn...
2019-05-16 08:22:30
Dae Sun has gain in 1Q
Dae Sun Shipbuilding & Engineering has posted operating profit of about KRW 1.8bn (approximately $151m) in the first quarter of 2019, turning a profit against loss of KRW 5.1bn seen in 1Q 2018. Last year, also, the Korean shipbuilder logged o...
2019-05-16 08:21:34
IMO urges adoption of Hong Kong Convention
Ten years after the adoption of IMO’s Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships, in May 2009, there has been progress with voluntary application of its requirements, but the treaty needs to enter into force ...
2019-05-15 08:45:44
Uljanik Shipyard goes into bankruptcy
Uljanik Shipyard of Croatia finally goes through a bankruptcy process.  According to foreign media outlets including Reuters, a commercial court in the country decided to implement the bankruptcy proceedings of the ailing shipyard. It ...
2019-05-15 08:29:38
Korea to investigate subcontracting trend
The Democratic Party, the Korean government and the Blue House had the '3rd Euljiro public welfare discussion' on May 10 at National Assembly Member's Office Bldg, Seoul, Korea, to agree to complete a survey on subcontractors of large-sized shipb...
2019-05-15 08:17:57
Fincantieri released positive Q1 results
The Board of Directors of FINCANTIERI S.p.A. ("Fincantieri" or the "Company"), chaired by Giampiero Massolo, has examined and approved the interim financial information at March 31, 2019. During the Board meeting Giuseppe Bono, Fincantieri's C...
2019-05-14 08:52:08
Kvaerner Q1 results looks good
The results for the first three months in 2019 is the 31st quarter in a row where Kvaerner delivers solid, positive results. Per 31 March, the revenues were NOK 2 158 million including joint ventures. The corresponding EBITDA was NOK 137 million,...
2019-05-14 08:44:34
MACN welcomes first P&I member
Britannia has become the first P&I Club to be accepted as a member of the Maritime Anti-Corruption Network (MACN). Established in 2011 by a group of maritime companies committed to eradicating the industry of all forms of corruption, MACN ...
2019-05-14 08:42:36
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