KR discusses IMO rules
The Korea Register of Shipping (KR) had a seminar to discuss the International Maritime Organization's (IMO's) Greenhouse Gas Emissions and Data Collection System, jointly with the Korea Shipowners' Association (KSA), on June 14 at the office bui...
Sembcorp books goliath cranes at Korea
HanJoong Ship Machinery of Korea has started the construction of a 15,000-ton goliath crane this month. According to industrial sources, HanJoong clinched a turn-key project for two of the cranes from Sembcorp Marine's wholly-owned subsi...
Rolls-Royce confirms fundamental restructuring
Rolls-Royce announces the next stage in our drive for pace and simplicity with a proposed restructuring that will deliver improved returns, higher margins and increased cash flow. This will support our long-term ambition to be the world’s leadi...
DSME hires new recruits in four years
Daewoo Shipbuilding & Marine Engineering (DSME) hires new employees for the first time in four years. During a press meeting held on June 11 at DSME's office building in Da-dong, Seoul, Korea, CEO Jung Sung-Leep noted, "The situation is st...
DSME labor joins KMWU
The labor union of Daewoo Shipbuilding & Marine Engineering (DSME) joins the Korean Metal Workers' Union (KMWU). DSME labor union called for the yeas and nays during June 7-8, and 3,704 members (71.3%) of the union agreed to join the KMWU....
IACS satisfied with association’s achievements
In an industry undergoing rapid change, the IACS Chairman identified the need for classification societies and IACS itself to be adaptable and prepared for change, while staying true to the core purpose of classification. Mr Ørbeck-Nilssen ...
DNV GL releases first cyber security class notations
At the Posidonia trade fair on June 7, Classification society DNV GL announced the release of its first class notations to help shipowners and operators protect their assets from cyber security incidents. The new class notations – Cyber secure ...
Emerson reveals potential of unconventional O&G ops
By adopting advanced automation technologies and new processes, unconventional oil and gas operators can move from average to top-quartile performance, capturing up to $7 billion in profits annually, according to a recent study* conducted by Emer...
PPG and DNV GL to improve hull performance
PPG, a global leader in protective and marine coatings, and the global quality assurance and risk management company DNV GL, have signed a collaboration agreement focused on operational data analysis using DNV GL’s next-generation hull analysis...
SPP's Sacheon yard sold
SPP shipbuilding's Sacheon shipyard is to be sold to a consortium comprised of YUIL D&T and Doorim. Samil PwC, a coordinator to manage the sale of the yard, has persuaded SPP creditors to choose M&A option in order to maximize recovery...
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