Qingdao Yangfan middle of bumpy road
Qingdao Yangfan Shipbuilding, which has been in restructuring process since 2016, is still facing bumpy roads to draw its rehabilitation plan. Foreign sources told that its major shareholder, Jianlong Group (78% of shares), recently withdrew r...
'LNG era may benefit Korean industry'
After arguments saying risks in the use of low-sulphur oil would, in turn, make LNG fuel mainstream, another argument came out suggesting Korean industry will benefit from the fuel transition. Park Moo-Hyun, a researcher at Korea's Hana Financ...
Emerson-AspenTech form alliance for digitalization
Emerson and AspenTech announced they have teamed up to deliver asset optimization software solutions along with global automation technologies and operational consulting services. Together, the two industry leaders will help customers optimize pr...
KR launches SeaTrust-HullScan 2nd version
Korean Register of Shipping (KR) announced on May 14 the launch of the second version of SeaTrust-HullScan, a globally renowned structural analysis program. SeaTrust-HullScan is developed by KR back in 2014 for structural analysis of bulker, d...
What will follow after Far East summit?
The Shipbuilding industry is keen to follow the wake of Korea-Japan-China summit which was held on May 9 at Tokyo. Some Japanese presses reported that Japanese Prime Minister Abe Shinzo brought the excessive supply of steel and shipbuilding in...
ABB lists global automation powerhouses
Advanced automation can mean better, more meaningful jobs for humans. But even countries most ready for the future of work must rethink education and training to prepare people for the jobs of tomorrow, a new study finds. South Korea, Germany ...
DSME transfers technology to compatriot company
The Ulsan branch of Korea Industrial Complex Corporation (KICOX) signed a technology transfer agreement with Daewoo Shipbuilding & Marine Engineering (DSME) and Standard Industry on May 11. With the deal, which is the third technolog...
ABS to improve maritime workforce safety
ABS, the American Club and Lamar University are launching a new initiative aimed at reducing maritime-related safety incidents. The initial focus of the partnership’s analysis and industry guidance will be on slips, trips and falls, a significa...
KR starts certification for welding control systems
Korean Register of Shipping (KR) announced that it is starting ISO 3834 certification service. ISO 3834 is an international standard set by ISO to enhance welding quality of fusion welding of metallic materials and mainly focuses on quality co...
Hyundai Electric sets up 'reliability center'
Hyundai Electric & Energy System has established a 'reliability center' for the first time in Korean electric power equipment industry, with the goal of raising its quality competitiveness. The Korean company announced on May ...
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