Busan envisioning growth for shipbuilding
The Busan Metropolitan City revealed the ‘development strategy for Busan shipbuilding industry’ on April 25. The strategy is in line with the central government’s ‘shipbuilding development strategy’ revealed in the 15th Economic Mini...
Gulf Island completes sale of Texas south yard
Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ:GIFI) announced on April 23 that on April 20, 2018, the Company completed the sale of its South Yard in Ingleside, Texas, to a subsidiary of Buckeye Partners for $55 m...
KOMERI holds IP-R&D seminar
The Korea Marine Equipment Research Institute (KOMERI) is holding the 7th ‘IP-R&D strategy seminar for small and medium-sized enterprises in the maritime industry’ on April 27 at Busan. The Seminar is arranged with the support from the...
Korea & Indonesia discuss cooperation again
The Ministry of Oceans and Fisheries (MOF) of Korea held the '2nd joint committee for cooperation between Korean and Indonesian maritime industries' on April 24 at GLAD Hotel, Seoul, Korea. The MOF and the Coordinating Ministry for Marit...
Korea opens offshore plant O&M simulation center
Busan Techno Park and Tongmyong University have an opening ceremony of a simulation center for the operation & maintenance (O&M) of offshore plant on April 24 at Tongmyong Univ., Yongdang-dong, Nam-gu, Busan Metropolitan City, Korea. ...
HHI suggested wage freeze and return
Hyundai Heavy Industries (HHI) is understood to have suggested a wage freeze and wage return to the union. The company has delivered its offer for 2018 collective agreement including wage freeze on April 20. The revised agreement includes ...
'Sea Japan 2018' ended in great success
It turned out that 'Sea Japan 2018', which was held at Tokyo Big Sight Exhibition Center, Japan, during April 11-13, drew more than 20,000 visitors, hitting an all-time high. Sea Japan is the biggest international maritime exhibition and...
4th Paik Jeom-Kee winner announced
Pusan National University of Korea said on April 19 that C. Rigby of BMT Defence Services was announced as winners of Jeom Kee Paik Prize, established by the Royal Institute of Naval Architects (RINA), to honor the research accomplishments of Pro...
DSME: Jung serves another term as president
Jung Sung-Leep finally took his another office to lead Daewoo Shipbuilding & Marine Engineering (DSME) by 2021. DSME, in its extraordinary board of directors on April 20, decided Jung’s reappointment as the president of DSME for another ...
China opening shipbuilding to foreigners
The Chinese government revealed its policy to abolish share-holding limits in the shipbuilding, automobile, and airplane manufacturing industry for foreign investors. The limits on shipbuilding including design, manufacturing, and repair will ...
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