IRClass opens new offices
The Indian Register of Shipping (IRClass), a leading classification society, has opened two new offices in India – one located in Paradip, a major maritime port town on the east coast of India, and another in Guwahati, the largest city in north...
HHIC Chairman recedes from management
Cho Nam-ho, Chairman at Hanjin Heavy Industries & Construction (HHIC), is expected to leave his position in order to take a responsibility for management failure. While the Korean company still undergoes a liquidity crisis, its overseas subsi...
DSME union escalating opposition against the merger
The labor union of Daewoo Shipbuilding & Marine Engineering (DSME) is escalating its opposition against the looming acquisition of DSME by Hyundai Heavy Industries (HHI). DSME branch of Korean Metal Workers' Union (KMWU) announced on Febru...
HHI is confirmed to acquire DSME
KDB, the controlling shareholder of DSME (Daewoo Shipbuilding & Marine Engineering) confirmed on February 12 that Hyundai Heavy Industries (HHI) has been fixed as the final potential buyer of DSME. It is after Samsung Heavy Industries (SHI...
LR release SW solution to improve plant performance.
Lloyd's Register (LR), a professional services company specialising in engineering and technology solutions, announces the latest release of LR AllAssets at the ARC Industry Forum analyst conference in Orlando, Florida, USA. The upcoming software...
The Philippines held job fair for former Subic workers
The Manila Times reported on February 10 that The Philippines government held a job fair on February 2 at Subic Bay Metropolitan Administration Gymnasium for former Subic workers. The news outlet said the fair offered over 20,000 jobs, mainly ...
Ocean Infinity to search for Stellar Daisy
Ocean Infinity, the next generation seabed survey and ocean exploration company, announces that its vessel, Seabed Constructor, set sail from Cape Town to begin the search for the lost South Korean ship, Stellar Daisy. Stellar Daisy sank on 31...
Uljanik got canceled additional contracts
Uljanik is being bombed with additional cancellations in a row. The distressed shipbuilding group announced on January 28 through a regulatory filing at Zagreb Stock Exchange that the contracts for a 26,600-dwt Cutter Suction Dredger (hull no....
MHI Appoints Seiji Izumisawa as CEO
Mitsubishi Heavy Industries, Ltd. (MHI) today announced executive-level personnel changes effective March 31 and April 1, 2019 and made nominations for Directors to be proposed to the 94th Ordinary General Meeting of Shareholders scheduled for Ju...
HHLA utilizes mobile power storage units
At the start of the new year, Hamburger Hafen und Logistik AG (HHLA) and its partners began research and development work on the publicly funded FRESH project at its Container Terminal Altenwerder (CTA). FRESH stands for flexibility managem...
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