STX Engine receives money from selling STX France
STX Engine announced through a regulatory filing on April 29 that it entered into agreement with STX Offshore & Shipbuilding (STX O&S) regarding sharing money from selling STX France. By allocation precedence, the sale mone...
KSSS Award Ceremony successfully held
The Korea Offshore & Shipbuilding Association (KOSHIPA) held KSSS (Korean Shipyards Safety Standardization) Award ceremony on April 26 in Busan with the support of four global oil majors including BP, Chevron, ExxonMobil, and Shell. The ce...
Ulsan's R&D project chosen by government
The 'shipbuilding and offshore SW convergence cluster' project, which is prepared by Ulsan Metropolitan City and the Ulsan ICT Promotion Agency (UIPA), has been selected through a contest for projects of 'SW convergence cluster 2.0', which is sup...
Wallem Group selects new MD
John-Kaare Aune has been appointed the new Managing Director, Ship Management for the Wallem Group. He is expected to take up his position with effect from 1 July 2019. John joins Wallem from the Cayman Registry, where he was most recently Reg...
Three interested in buying Subic Shipyard
It is said that three companies are interested in taking over Hanjin Heavy Industries and Construction's (HHIC's) overseas subsidiary HHIC-Phil (Subic Shipyard). According to an official from the Philippine government, three foreign ship...
ABS to demonstrate AI-driven corrosion detection
ABS, Google Cloud and SoftServe completed a pilot project applying artificial intelligence (AI) models to detect levels of corrosion and coating breakdown on ships and offshore structures. The project successfully demonstrated the accuracy of ...
MHI joins Charter of Trust for Cybersecurity
Mitsubishi Heavy Industries, Ltd. (MHI) signed a Cooperation Agreement regarding participation in the Charter of Trust on Cybersecurity at the Charter of Trust Roadshow in Tokyo. This agreement follows the signing of the LOI on February 19. This ...
Wärtsilä is building new simulation center in UK
The technology group Wärtsilä is to supply and configure the software solutions for a new, state-of-the-art, purpose built simulation centre being constructed near Portsmouth, England. The centre is an expansion of the Maritime Skills Academy...
POSCO launches cyber showroom
Korean steelmaker POSCO has launched new cyber showroom. The page can be accessed at http://product.posco.com. The gallery exhibits its main products including steel plate, hot rolled steel, wire rod, galvanized steel, stainless steel, and tit...
3. Maj bankruptcy postponed again
Rijeka Commerical Court of Croatia has postponed the decision on the bankruptcy of 3. Maj shipyard by June 5, sources told. 3. Maj’s liabilities reached HRK135m, or around $20m. Sources said that the postponement could buy some time for the ...
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