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...
DNV GL at Posidonia 2018
In an increasingly complex, fast changing, and challenging market, the role of the classification society is more relevant than ever, said Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, at a press conference ahead of Posidonia trade fair in At...
Japan to set up open ship data platform
With the goal of sharing and using ship operation data in industry, on May 31, 46 shipbuilding, offshore and shipping companies in Japan celebrated the opening of 'IoS-OP' consortium. The IoS-OP platform is expected to a base where participant...
Ulsan to set up pavilion during 'Posidonia 2018'
With the goal of helping its local companies open new market, Ulsan Metroplitan City of Korea sets up a joint pavilion in 'Posidonia 2018', one of the largest global maritime exhibitions, which runs during June 4-8 in Athens, Greece. Posidonia...
Alfa Laval experts to discuss marine solutions at Posidonia
Alfa Laval will participate in the Posidonia 2018 shipping exhibition, taking place 4-8 June in Athens, Greece. At the Alfa Laval stand, visitors from the Greek and international shipping communities will be able to explore and discuss products t...
ABS to lead boxship safety workshop
Maersk Line selected ABS to lead a workshop to identify and evaluate potential hazards posed on containerships from dangerous cargoes stowage. The workshop assembled industry stakeholders to conduct a comprehensive Hazard Identification (HAZID...
DSME CEO achieves consecutive appointment
The consecutive appointment of Jung Sung-Leep, CEO of Daewoo Shipbuilding & Marine Engineering (DSME), was officially confirmed on May 29. DSME held an extraordinary shareholders meeting on the same day at its office building in Da-dong, S...
"Scrapping activity rocketing high"
An analyst presented an idea which saying scrapping activity, especially in tanker segment, is showing a sharp increase, and the increase will eventually lead to newbuilding demands. Park Moo-Hyun, a researcher at Korea's Hana Financial Invest...
Gyeongnam held public meeting on Sungdong
Gyeongnam Provincial Government held a public meeting on May 18 at Sungdong Shipbuilding & Marine Engineering’s court management. On the meeting presented high officials including the acting Governor, Han Kyung-Ho, and managers of Sungdo...
Prosafe extends standstill agreement with COSCO
Prosafe remains focussed on its fleet high-grading strategy and continues to work with COSCO Shipping (Qidong) Offshore Co. Ltd (COSCO) to find a comprehensive commercial solution for the three Prosafe vessels that currently reside in COSCO’s Q...
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