DSIC wins one LNGBV
China's clean energy distributor ENN Energy commissioned its compatriot shipbuilding tycoon Dalian Shipbuilding Industry(DSIC) to build one 8,500 cbm LNG bunkering vessel. According to foreign press and industrial source, the newb...
Labor Relations Commission says NO to 40% allowance
Hyundai Heavy Industries (HHI) has suspended its offshore business since last August due to the lack of work. And its planned subsistence allowance during the suspension, 40$, is disapproved by The Ulsan National Labor Relations Commission. Th...
Smart Ship & Shipbuilding Forum attracted industry experts
The Ulsan ICT Promotion Agency (UIPA) and the Maritime ICT Convergence Council held Smart Ship & Shipbuilding Forum on October 18 at Ulsan with around 30 industry experts. After establishment on July 24, the forum has promoted cooperative ...
HSHI won seven 15K boxships
It is said that Eastern Pacific Shipping (EPS) of Singapore has added seven 15,000-teu containerships at Hyundai Samho Heavy Industries (HSHI). According to TradeWinds and the industry, EPS increased its neo-panamax tally to HSHI to 11. Indust...
Bestway sees no payment for NB contracts
Shanghai Bestway Marine Engineering Design has recently announced the Chinese company's business results and noted that there is a risk of failing to receive payment as scheduled from its compatriot chemical logistics firm Dalian Inteh Group for ...
China Ocean signs S&LB deal for affiliate yard
China Ocean Industry Group has recently signed a Sale and Leaseback (S&LB) contract with its compatriot Ruilian Asset Management Company for the overall assets of its affiliates Jiangzhou Union Shipbuilding. Under the deal, Chi...
"LNG project sanctions increase in 2019"
It is forecasted that there will be a flood of LNG development projects which see final investment decision (FID) in 2019. Wood Mackenzie, a global energy, metals and mining research and consultancy group, explained, "After a deart...
DSME boosts LNGC sales
Daewoo Shipbuilding & Marine Engineering (DSME) held an investor relation (IR) meeting on October 15 at Conrad Seoul Hotel, Yeouido, Seoul, Korea, to inform that LNG carriers (LNGCs) would soon account for more than 50% of its annual revenue....
HHI has seminar for securities business
Hyundai Heavy Industries (HHI) had its very first eco-friendly technology seminar for securities business on October 17 at Meritz Securities office building, Yeouido, Seoul, Korea. About 30 fund managers and analysts attended the Investor Rela...
CSHI signs for Norwegian shuttle tankers
China's state-owned shipping and shipbuilding giant COSCO Shipping Heavy Industry (CSHI) has won shuttle tanker newbuilding series order from Norway. During the Norway-China Business Summit held earlier this week, CSHI and Knutsen NYK Offshore...
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