General
"Concerns grow over sale of DSME"
South Gyeongsang Province of Korea announced on February 27 that a petition on concerns over job insecurity and so on was delivered to the Ministry of Trade, Industry and Energy (MOTIE), the Ministry of Economy and Finance (MOEF), the Korea Devel...
2019-02-28 08:30:22
KDB Chairman advocates DSME sale
KDB Chairman Lee Dong-geol describes the ongoing acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) by Hyundai Heavy Industries (HHI) as ‘the last chance.’ At a press conference on February 26, Lee said that the disposal of...
2019-02-27 15:58:34
India's ABG Shipyard close to liquidation
ABG Shipyard in India seems to face liquidation. The privately-run shipyard’s committee of creditors has recently voted in favour of liquidation of the company, foreign media and industry sources report. Lenders have rejected bids by UK m...
2019-02-27 15:43:54
DSME union organized 4-hour partial strike
DSME branch of Korean Metal Workers' Union (KMWU), which had decided act of dispute on February 26. The strike lasted four hours, the union explained. During the strike, The union members organized a street march. The union is planning to d...
2019-02-27 08:30:45
Signing ceremony held for HHI’s wage agreement
The labor and the management of Hyundai Heavy Industries (HHI) jointly held a signing ceremony for the 2018 collective wage agreement on February 25. HHI Co-CEO Han Young-Seok and union Chairman Park Geun-tae attended the ceremony. The labor a...
2019-02-26 14:24:29
GTT set digital hub in Singapore
GTT launches a program for the creation of a Digital Hub of Excellence in Singapore. Specialised in Maritime Business Process Digitalisation, Smart Shipping and Smart Ports, the Hub will be run by GTT’s local subsidiaries: Ascenz Solutions Pte ...
2019-02-26 08:34:53
Oldendorff implements ship recycling regulations
Oldendorff Carriers has entered into an agreement with GSR Services and Korean Register (KR) for the development and certification of Inventory of Hazardous Materials (IHM) for their fleet for meeting tight EU - deadlines. From the end of 2020...
2019-02-25 08:35:10
HHI union votes to strike against buying DSME
The labor union of Hyundai Heavy Industries (HHI) voted on February 20 to strike in opposition to the planned takeover of Daewoo Shipbuilding & Marine Engineering (DSME). Because unionized workers at DSME chose to go on strike against the mer...
2019-02-21 14:53:43
HHI finally reaches 2018 wage agreement
The labor union and management of Hyundai Heavy Industries (HHI) made 2018 wage and collective agreement on February 20. It is after nine months since the first round of negotiation in May 2018.  The HHI labor union called for the yeas an...
2019-02-21 14:23:46
DSME union decided to go on strike
The labor union of Daewoo Shipbuilding & Marine Engineering (DSME) chose to go on strike against the merger with Hyundai Heavy Industries (HHI). Among union members who cast a vote, which was ended on February 19, 92% approved to go on str...
2019-02-20 14:12:13
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