JES went bankrupt
It is said that Singapore-listed JES International Holdings finally went bankrupt. Foreign sources and media told that the shipbuilding group, with Jiangsu Eastern Heavy Industries (JEHI) being its core asset, is declared bankrupt in three yea...
JP Morgan gains from asset-play
JP Morgan turns out to have made a profit by selling two Capesize newbuilds under construction to ArcelorMittal. According to TradeWinds and broker industrial sources, it seems that JP Morgan sold two 180,000 dwt bulkers (Hull No. ...
Inmarsat wins Best Safety Service of the Year Award 2018
Inmarsat's new Fleet Safety service has been named Best Safety Service of the Year in the prestigious IHS Safety at Sea Awards 2018 by a judging panel of recognised authorities in ship ownership, insurance, crewing and training. The Best...
ClassNK releases amendments to class rules
Leading classification society ClassNK has announced that it released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on 25 October 2018. ClassNK is constantly revising its Rules and Guidance in order ...
Hunter Group appointed as Senior Technical Advisor
Hartree Maritime Partners LLC have appointed Hunter Group ASA as their Senior Technical Advisor. Hunter Group ASA will provide technical newbuild supervision services in respect of Hartree’s four VLCC vessels to be constructed at Daewoo Shipbui...
WinGD set to increase technical capacity in China
WinGD (Winterthur Gas & Diesel Ltd.), is establishing an Engineering Centre in Shanghai together with CSPI (China Shipbuilding Power Engineering Institute Co. Ltd.), a fellow subsidiary of CSSC (China State Shipbuilding Corporation Limited) t...
Goseong attracts potential investors
Goseong County signed an investment agreement with the County Council, Samkang M&T, Samkang S&C, and Donghae Township Development Committee. The parties agreed to ▲give the locals priority in hiring ▲build housing facilities in the...
KT-HHI tie for IoT/DT
KT announced that it signed a business agreement for joint development of IoT and Digital Transformation (DT) with Hyundai Heavy Industries (HHI) on October 22. Two parties agreed to develop ‘Intelligent Location Information System’ applyi...
Uljanik workers ignite another strike
Uljanik shipbuilding of Croatia is entangled with yet another strike. Foreign media reported that workers of the yard initiated a strike on Monday (local time) due to unpaid September salary, in less than two months since they waged a strike b...
HPC expands its digital competence with new MD
Jan Bovermann, Head of Digital Corporate Development at Hamburger Hafen und Logistik AG (HHLA), was appointed Managing Director of HPC Hamburg Port Consulting GmbH as of 1 October 2018. He will lead the fully-owned subsidiary of HHLA with Dr Feli...
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