HHI union approves strike
Korean Metal Workers’ Union (KMWU)’s Hyundai Heavy Industries (HHI) branch approved strike to protest the management’s voluntary retirement program. The union called for the yeas and nays for the strike to 12,122 union members, and 6,266...
Daesun signs wage collective agreement
The labor and the management of Daesun Shipbuilding & Engineering signed wage collective agreement on April 27. This is the fourth consecutive year signing wage agreement without negotiation. The company also held a rally for the accomplis...
ClassNK Electronic Certificate System wins award
Leading classification society ClassNK received the Technical Innovation Award at Seatrade Maritime Awards Asia 2018 held at Marina Bay Sands, of Singapore on 25 April for developing and introducing its electronic certificate system to the indust...
KATS announces new scaffolding standards
The Korean Agency for Technology and Standards (KATS) announced two new Korean Industrial Standards (KS) related to scaffolding for ships and offshore plants on April 26. Korea's scaffolding standards are applied to construction business...
KR celebrates moving Hamburg branch
The Korean Register of Shipping (KR) had a celebration on April 18 in honor of moving its Hamburg branch into Hafencity. Before the celebration, on the day, the KR technology seminar was held at the Madison Hotel Hamburg, Hamburg, ...
Hyundai Electric sparks with energy management venture
Hyundai Electric & Energy System is presenting its smart energy management system based on IoT in Germany. The company revealed that it is participating Hannover Messe 2018, which is in place during April 23-27. In the exhibition, Hyundai ...
"Extreme outsourcing caused extreme results"
A research found that pyramid subcontracting structure has incurred frequent major industrial accidents in shipyards, as the labor world has called ‘outsourcing of death.’ The National Committee on Industrial Accidents in Shipbuilding’ r...
Sungdong mulls M&A process
While Sungdong Shipbuilding & Marine Engineering is reportedly likely to go through a merger and acquisition (M&A) process before a court decides whether to continue the receivership or liquidate it, the Export and Import Bank of Korea (K...
Petrofac sells JSD6000 project to ZPMC
Petrofac Limited (“Petrofac” or “the Company”) announces that Petrofac International (UAE) LLC has signed an agreement to sell the JSD6000 project to Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC). The transaction comprises the sale o...
Maritime Future Summit: Vision Becomes Reality
From digitalisation and big data through to Artificial Intelligence (AI), new technologies have the potential to revolutionise global shipping. “Mind the gap – bridging disruptive technologies” is the appropriate theme for the Maritime Futu...
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