General
STX O&S reach agreement on self-rescue plan
STX Offshore & Shipbuilding announced at dawn (around 1:00 a.m.) of April 10 that the labor union and company are about to agree on self-rescue plan after all-night negotiations. The Korean middle-standing shipbuilder said, "company and la...
2018-04-10 09:51:51
"New solution needed for STX/Sungdong"
The representative of Justice Party, Roh Hoe-chan urged the government to set a new strategy through discourse. He announced on April 9 that he and other colleagues move to a resolution urging creditors and the government to choose rehabilitat...
2018-04-10 07:12:00
KOMERI appoints new President
The Korea Marine Equipment Research Institute (KOMERI) announced on April 4 that it appointed Kong Gil-Young as its new president. He is elected as president through secret vote after screening procedure for the selection of final candidates. ...
2018-04-09 07:05:23
"It goes by the book for Sungdong and STX"
Baek Woon-Kyu, the Minister of Trade, Industry & Energy of Korea manifested that he will stick with the rules for the restructuring of Sungdong Shipbuilding and Marine Engineering and STX Offshore & Shipbuilding (STX O&S). It seems to...
2018-04-06 07:07:20
Eneco secure asset management deal
The Prinses Amalia wind farm started to generate its first green power more than ten years ago. Since they came on stream, the park's 60 Vestas V80 turbines, each with a capacity of 2MW, have generated over 400 GWh every year. Partly due to the e...
2018-04-05 07:37:44
Ørsted partners with CR of Taiwan
Global offshore wind leader Ørsted today signed a contract with CR Classification Society (CR) in Taiwan to collaborate on and support the development of local certification capabilities.  With the signature of today’s contract, CR wil...
2018-04-05 07:32:55
ABS provides E-Certificates
ABS announced on April 2 the launch of e-Certificates. Continuously available, tamper-proof, independently verifiable and secure digital equivalents of traditional ABS paper certificates, e-Certificates are now available to ABS’ entire classed-...
2018-04-04 07:17:37
Message from MOL CEO envisioning future
On the occasion of Mitsui O.S.K. Lines' 134th anniversary, MOL released a message from our President & CEO, Junichiro Ikeda on April 2. Below is the full text. Greetings to all MOL Group members. First, I'd like to let you know that MOL ce...
2018-04-04 07:14:41
Hyundai Electric completes world's largest ESS
One of the largest energy storage system (ESS) in the world, which was established by Hyundai Electric & Energy System at Korea Zinc Company's smelting works, Onsan-eup, Ulju-gun, Ulsan Metropolitan City, Korea, starts operation this month. ...
2018-04-04 07:00:37
HHI Group bags sunlight generation works
Hyundai Heavy Industries Green Energy (Hyundai Green) and Hyundai Electric announced on April 2 that they have won an engineering, procurement and construction (EPC) contract worth KRW 100bn (approximately $94.52m) for electric generator and ener...
2018-04-04 06:55:35
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