HHI union preparing wage boost demand
Korean Metal Workers’ Union (KMWU)’s Hyundai Heavy Industries (HHI) branch determined this year’s wage demand at its extraordinary meeting of representatives. The union demanded KRW146,746 of pay raise and the new standard for the bonus ...
The first in-house scaffold trainer born
The first-yard in-house scaffold trainer is born. Korea Scaffolding Institution (KSI) announced on April 18 that the first 14 scaffold trainers finished their program complying with Korean Shipyards Safety Standardization (KSSS). For past t...
Decision made soon on Sungdong's receivership
A decision will be made sooner or later on whether to put Sungdong Shipbuilding and Marine Engineering under court receivership. The Korean debt-ridden shipbuilder filed for a court receivership to Changwon District Court on March 22. Wh...
STX preparing unpaid leave
STX has received applications for voluntary retirement again this year, but only a few have applied. STX O&S revealed that the company received the application from April 16 to 17 for retirement and outsourcing, to receive 13 application (...
BP sets out its commitment to a low carbon future
BP published a new report setting out its commitment to a low carbon future and to helping meet the dual challenge of providing the increasing energy the world demands while at the same time working to reduce greenhouse gas emissions. “The...
HMD goes voluntary retirement too
With its sister company Hyundai Heavy Industries (HHI), Hyundai Mipo Dockyard (HMD) is also going to the voluntary retirement program. According to HMD, the company is receiving the application for voluntary retirement since April 16. The m...
Korea breathes new life into closed SB yard
World's leading experts join a business to convert ShinaSB Yard, which was closed last 2015 against a backdrop of sluggish shipbuilding market, into an international landmark. The Ministry of Land, Infrastructure and Transport (MOLIT) and Kore...
Bureau Veritas extends portfolio PSC Ready
‘PSC Ready’ assists ship managers and their crews in planning and ensuring readiness for port state control inspections. ‘PSC Ready’ is a cloud-based and secure application, downloadable for both IOS and Android. The application helps ...
WMU pays visit to KR
Korean Register of Shipping (KR) announced that student delegates from World Maritime University (WMU) have visited its HQ in Busan on April 11. The visit was in line with the Ministry of Oceans and Fisheries of Korea’s program, with which i...
Commissioner wanted for Sungdong receivership
In order to select an investigation commissioner for Sungdong Shipbuilding and Marine Engineering that field a court receivership on March 22, the Changwon District Court in South Gyeongsang Province, Korea, has asked its compatriot big accountin...
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