Equipment
Apply for OFFSHORE KOREA
Applications for participation in 'OFFSHORE KOREA 2012' among South Korean marine equipment manufacturers are now accepted. OFFSHORE KOREA 2012 is held for three days from 14th to 16th November next year at BEXCO, Busan. The exhibition is joi...
2011-11-02 14:10:29
STX O&S new LNG cargo tank
South Korea's STX Offshore & Shipbuilding gets an approval in principle (AIP) from DNV of its independent-typed cargo tank for LNG carrier. The newly-developed 'ITS(Independent Tank of STX)' is made with STX' own technology and available in 213,0...
2011-11-02 11:09:05
Korea aids offshore equip makers
Korea Trade-Investment Promotion Agency (KOTRA) supports South Korean offshore equipment manufacturers to make inroads into global market. KOTRA in association with Busan Marine Equipment Association opens 'Offshore Technology Korea 2011' at Lott...
2011-11-01 15:15:37
DSME-GL's LNG-fuel 14,000TEU
LNG, as a promising fuel alternative, has not been used for container vessels. Daewoo Shipbuilding & Marine Engineering and Germanischer Lloyd (GL) have proved the feasibility of running large container vessels on LNG in a recently completed join...
2011-11-01 08:13:19
Wartsila wins deal for Ro-Ro's
The environmental sustainability and reduced operating costs of Wärtsilä's integrated propulsion solution were major factors in the winning of the orders. Wärtsilä, the marine industry's leading solutions provider, has been awa...
2011-11-01 07:35:34
'Marine Week 2011' highest record ever
'The 6th Marine Week 2011,' ended on 29 October, is revealed to make the highest record ever. Busan city said that a total of 1,280 companies with overall 1,826 booths from 45 countries participated the exhibition, about 73,000 of buyers and visi...
2011-10-31 14:25:51
Samkang Q3 earnings up
Samkang M&T of South Korea made a public announcement about its third quarter earnings results. Turnover increased by 27.4% to KRW 47.5bn ($42.62m), operating profit hiked by 524.7% to KRW 4.36bn from KRW 700m on the same period last year. Also, ...
2011-10-31 10:37:26
ZPMC posts 3Q profit
Shanghai-quoted Shanghai Zhenhua Heavy Industries (ZPMC) has posted a CNY 71.6m ($11.3m) profit. It is a wholly-owned subsidiary of government-controlled China Communication Construction Company (CCCC). ZPMC is the world's largest manufacture...
2011-10-28 07:50:03
STX-NAPA Co-op in Green Ship
NAPA, a leading software house for ship design and operations, signed an agreement with STX Offshore & Shipbuilding on October 26. The agreement specifies the co-operation between STX and NAPA regarding sales, model creation and delivery of the envir...
2011-10-27 08:16:23
NOV profit soars
Houston-based National Oilwell Varco posted a 31.6% increase in profits on its full orderbook for drillships and other specialty equipment. The company posted net income of $532 million on revenue of $3.74 billion in the three months ended in Sep...
2011-10-27 08:08:03
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