Dayang secures new cavalry
Jiangsu-based machinery manufacturer SUMEC Group is participating in Yangzhou Dayang Shipbuilding with compatriot partner, Yangzhou Yunhe Xincheng Construction. According to industry sources and foreign media, SUMEC and Yunhe Xincheng are prov...
SHI selects AWS as its preferred cloud provider
Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Samsung Heavy Industries selected AWS as its preferred cloud provider to support its digital transformation. Samsung Heavy Industries is turning to AWS’s ex...
New buyer for Sungdong emerges
A group of citizens established an organization aiming to buy distressed Sungdong Shipbuilding & Marine Engineering through the participation of local community investors. The group of around 10 investors, including former Tongyeong mayor,...
Would Singapore retrieve its offshore heyday?
While the maritime industry is welcoming long-waited recovery, it seems Singapore needs much more to retrieve its past glories in the offshore industry. The Singaporean industry, which has been struck hard since 2014 from plummeting oil price,...
CJC strengthens teams in London and Singapore
Specialised international shipping law firm Campbell Johnston Clark (CJC) has announced new senior appointments to the Admiralty and Casualty teams in its London and Singapore offices. Paul Apostolis is joining CJC’s Singapore office f...
"Need to set up autonomous ship test center in Geoje"
Kim Han-pyo of the Liberty Korea Party has recently urged Minister of Trade, Industry and Energy Paik Un-gyu to set up the 'test run center for smart autonomous ship' in Geoje City, South Gyeongsang Province, Korea. The two Korean giant ...
Jeolla tries to secure autonomous ship test center
Mokpo National Maritime University (MNMU) of Korea had a meeting with the relevant local institutes and businesses for the establishment of the 'test run center for smart autonomous ship' on August 3 at the office building of the Jeonnam Science ...
Chinese yard seeking arbitration on undelivered ships
Hong Kong-based China Ocean Industry announced that it is to seek arbitration for four undelivered multipurpose ships (MPPs). The company revealed that it had negotiated with two clients for the price and delivery of six unfinished MPPs since ...
STX CEO circulates note to employees
STX O&S CEO Jang Yoon-Geun released an official comment on recent media reports about the company in company newsletter on August 8. He said the company should selectively receive profitable orders to secure RG, and STX needs to impr...
Fincantieri Marine Group announces CEO succession
Fincantieri Marine Group announced that, following a successful six‐year tenure as the company’s President and Chief Executive Officer, Francesco Valente has announced his intention to step‐down from the position to assume another leadershi...
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