General
International labor organization opposes DSME acquisition
A global union federation founded in 2012, IndustriALL Global Union, expressed its opposition against the acquisition of DSME (Daewoo Shipbuilding & Marine Engineering) by Hyundai Heavy Industries (HHI). The federation held Executive Commi...
2019-05-28 16:04:48
HHI union determined to oppose physical division
HHI (Hyundai Heavy Industries) branch of the Korean Metal Workers' Union (KMWU) started a full-fledged general strike on May 28, opposing the physical division of the company. The union occupied Hanmaeum Center on May 27, where the general mee...
2019-05-28 14:54:36
Korea launches new council for industry
The Korea Offshore & Shipbuilding Association (KOSHIPA) held a launching ceremony of the 'council for development of shipbuilding and offshore industry' on May 27 at Eltower, Seoul, Korea.  On the day, about 50 officials including Che...
2019-05-28 08:36:14
MOL to Join Consortium on TCFD
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that it will participate in the Task Force on Climate-related Financial Disclosures (TCFD) Consortium, which was established to provide a forum for discussions ...
2019-05-27 10:33:08
MedcoEnergi completed acquisition of Ophir
PT Medco Energi Internasional Tbk announces the successful completion of the acquisition of Ophir Energy plc2 in a recommended all cash offer valued at £408.4 million. Ophir’s assets are highly complementary to MedcoEnergi’s existing port...
2019-05-24 08:38:32
"New HHI should stay in Ulsan"
The mayor of Ulsan, Song Cheol-ho, visited Ulsan Hyundai Heavy Industries (HHI) Headquarter in Ulsan with six other community delegates to deliver signatures of Ulsan citizens. Around 1,500 citizens provided their signatures. After the meeti...
2019-05-23 16:13:08
Golar LNG to spin-off LNG carrier business
Nasdaq-listed Golar LNG revealed its spin-off plan for TFDE LNG carrier business amid its first quarter result report. The company is planning to put more emphasis on FLNG and downstream assets. It envisions a long-term contract based LNG infr...
2019-05-23 15:21:43
Deadline for Sungdong revival plan extended
The deadline for the rehabilitation plan of Sungdong Shipbuilding & Marine Engineering is extended again to July. The industry heard that Changwon District Court extended the submission deadline by two months, from May 22 to July 22. The C...
2019-05-23 13:49:28
Alfa Laval appoints new leader for EGCS
Anders Lindmark, formerly Head of Alfa Laval PureBallast, has transitioned from ballast water treatment into another compliance application. As Business Unit President, Gas Systems, he now oversees the Alfa Laval PureSOx offering in exhaust gas c...
2019-05-23 08:49:24
Changwon attracts investment in shipbuilding & defense
Changwon City of Korea signed investment agreements worth KRW 92bn (about $77m) in total with its six compatriot companies on May 20.   Under the contracts, Hanwha Defense will establish an integrated research center in the city with...
2019-05-23 08:34:31
Start  1  2  3  4  5  6  7  8  9  10  Next  End