Equipment
Q1 steel price cut settled
According to sources from shipbuilding and steel industries on February 20th, shipbuilders and steel players have come to an agreement, thick-plate price cut by KRW 70,000 ($62) per ton for the first quarter 2012, after price negotiation between the ...
2012-02-20 11:53:49
Wartsila powers LNG OSV
This latest order complements that of October 2011 with Harvey Gulf for the first US flagged offshore LNG vessels, and further demonstrates that the move to LNG as a marine fuel in the United States has begun. LNG fuelled vessels offer compelling ope...
2012-02-20 07:44:28
GTT acquisition managers selected
South Korean shipbuilders' consortium have chosen an acquisition manager to take over GTT of France. The Korea Development Bank (KDB)’s M&A department and BNP Paribas plan to work even harder for the acquisition after receiving the information...
2012-02-20 06:59:19
Dongkuk to up thick-plate price
Dongkuk Steel is known to increase marine thick-plate price from the second quarter this year. However, it is doubtful if Dongkuk would carry out its plan, as shipbuilders are expected to strongly oppose price increase, fearing their profit decrease ...
2012-02-17 10:57:06
KR opens research center
Korean Register of Shipping (KR) had a opening ceremony for 'HAN Future Strategic Research Center' at KR's Seoul office on 15 February. The HAN Future Strategic Research Center is to research and study for KR's steady growth as well as give measur...
2012-02-16 10:16:00
Wilhelmsen lands gas system from Hyundai
Oslo, February 15, 2012, Wilhelmsen Technical Solutions has received a landmark order to supply inert gas generator systems for five LNG carriers under construction in South Korea. Wilhelmsen Technical Solutions' South Korean office will fulfil th...
2012-02-16 08:08:50
Wartsila focus on offshore & LNGC
Finnish marine engine maker Wartsila prospers in the downturn through its focus on specialised ships and dual-fuel systems. CEO Bjorn Rosengren said that its order intake rose 46% last year despite global new vessel orders cut in half. A total of...
2012-02-16 07:48:58
Daewoo's SMART yard
Daewoo Shipbuilding & Marine Engineering is dressed into Smart yard, said on 15 February. Daewoo and SK Telecom have been working together to develop mobile applications for four systems; goods carried out; material tracking; real-time quality co...
2012-02-15 11:56:09
KOREA 'hand-in-hand'
The Korea Iron & steel Association (KOSA), the Korea Shipowners' Association (KSA) and the Korea Shipbuilders' Association (KOSHIPA) have a joint seminar to promote cooperation from three different industries and take action against rapidly changing ...
2012-02-15 11:17:45
New LNG Tank: General Dynamics NASSCO
Braemar Technical Services signs a Memorandum of Understanding (MOU) with General Dynamics NASSCO, a ship design, construction, and repair company in San Diego, California, the US, to market a new, flat plate technology, LNG Containment System develo...
2012-02-15 07:50:37
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