Gyeongnam made plea for yards
Gyeongnam Provincial Government announced on January 16 that it have sent an official letter of plea to the central government to normalize mid-sized yards. At the announcement, various high officials of the Provincial Government presented includ...
SHI's wage talks go on for three years
During Samsung Heavy Industries' (SHI's) new year press conference, which was held on January 16 at the office building of the Korea Chamber of Commerce & Industry (KCCI), Jung-gu, Seoul, Korea, new SHI President Nam Joon-Ou said that SHI wag...
Japan yields backyard to China?
Japanese yards, once dominated bulker and stainless steel chemical tanker market, is seeing their dominance eroded by Chinese challenge. According to IHS Markit’s data, Chinese players are narrowing the gap with Japanese opponents. In 2015, ...
NACKS wins BCs for European owners
Nantong COSCO KHI Ship Engineering (NACKS) turns out to have won multiple bulker newbuildings from European shipowners. The joint venture shipbuilding enterprise between China and Japan has won four 61,000 dwt Ultramax vessels from Yasa ...
MR TK benefits from China's pipeline boom?
As China imports more and more crude oil via pipelines, the outlook for new orders is different by ship type. According to Park Moo-Hyun, a researcher at Hana Financial Investment, a Pakistan-China oil pipeline project has recently...
Dae Sun signs for two government ships
Dae Sun Shipbuilding & Engineering announced on January 15 that it signed a deal for two 1,500t fishery patrol ships with Public Procurement Service of Korea. Now the yard has four fishery patrol vessels in its orderbook. Dae Sun, focusing...
Wärtsilä HYTug features hybrid propulsion
The technology group Wärtsilä has announced on January 11 that it signed a memorandum of understanding (MoU) with Petrocity, the parent company of the new port facility being built in the Brazilian city of São Mateus-ES, to develop a harbour t...
HPWS won four feeders
China Navigation Company Limited (CNCo), a Singaporean shipping company under the Swire group is understood to order four containerships at a Chinese yard. According to TradeWinds, CNCo is ordering four 2,400-teu containerships at CSSC-affilia...
Imabari nets Panamax boxship deal
Imabari Shipbuilding seems to have won Neopanamax containerships series from Evergreen Marine. After a keen competition with Japan Marine United (JMU), CSBC Corporation, Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI), accord...
Rumania buys DMHI?
It is said that the Rumanian government is to take over Daewoo Shipbuilding & Marine Engineering's (DSME's) stakes in its Romania-based subsidiary Daewoo-Mangalia Heavy Industries (DMHI). Mihai Tudose, the Prime Minister of Romania, has re...
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