General
SHI appoints new executives
Samsung Heavy Industries (SHI) appointed new executives leadership for 2018 operation on December 13. The Korean conglomerate explained that it has appointed three Executive Vice Presidents (Kim Dong-sul, Lim Bong-suk and Jun Hong-sik) and fou...
2018-12-14 08:28:49
Mood heating up for Sungdong sell-out
The tendering schedule of Sungdong Shipbuilding & Marine Engineering disposal gets a month of extension to provide enough time for increasing potential buyers. The industry says that the seller party of Sungdong and the local court has del...
2018-12-14 08:26:21
Saipem got cyber attack
After being threatened by a cyber attack, Saipem released a short statement regarding the attack. Following is the statement. "Saipem informs that today (*December 10) a cyber-attack on its servers has promptly been identified. We are collect...
2018-12-12 08:43:23
ABB to power car battery factory in Poland
Substation and key technologies to ensure reliable power supply for manufacture of electric car batteries and support sustainable transportation  LG Chem, one of the largest chemical companies in the world, has selected ABB to provide a s...
2018-12-12 08:39:37
Europe organizations release statement on subsidies
SEA Europe and ECSA released a statement on the recent subsidy debates. Following is the full text of the statement. "Today, the EU and South Korea will discuss the South Korean shipping and shipbuilding state subsidies measures in the context o...
2018-12-11 09:01:55
Wärtsilä introduces something that shouldn't be there
The technology group Wärtsilä launches a product at Slush Helsinki 2018 that should never see the light of day: a lifeboat for buildings. The lifeboats could be used in severe flooding and rising sea levels caused by climate change. The life...
2018-12-11 08:50:00
SHI retirement program gathered applicants
At Samsung Heavy Industries (SHI), around 240 workers have applied for voluntary retirement program by the last week. SHI has received applications for voluntary retirement from November 19 to December 7, targeting workers with over seven year...
2018-12-11 08:46:39
HCE forms future construction platform
Hyundai Construction Equipment (HCE) announced on December 10 that the Korean construction conglomerate has signed a memorandum of understanding (MOU) with its compatriot telecommunication giant SK Telecom (SKT) and global geospatial expert Trimb...
2018-12-11 08:29:35
Labor advocates ask measures for Sungdong
Labor advocates in South Gyeongsang Province raised voice asking support for workers of Sungdong Shipbuilding & Marine Engineering. The Korean Metal Workers' Union (KMWU) Sungdong branch and another labor association of South Gyeongsang ar...
2018-12-10 08:26:14
HHLA-Hyperloop establish joint venture
Transporting containers at high speed through a tube to and from the Port of Hamburg – that is the joint vision of Hamburger Hafen und Logistik AG (HHLA) and the US-based research and development company Hyperloop Transportation Technologies (H...
2018-12-07 08:42:39
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