Shipbuilding
Korea continues helping offshore plant service providers
The Ministry of Oceans and Fisheries (MOF) of Korea calls for projects of the feasibility study on offshore plant service business from January 15 to February 23. The offshore plant service includes transportation, installation, management and...
2018-01-16 07:12:02
Imabari acquires Minaminippon
Imabari Shipbuilding takes over its compatriot Minaminippon Shipbuilding as of April 1, 2018.  Mitsui O.S.K. Lines (MOL) and Mitsui Engineering & Shipbuilding (MES), which had a total of 49% stakes in Minaminippon with 24% for the for...
2018-01-16 07:11:25
"Why Imabari is so strong?"
The Korea-Japan Cooperation Foundation for Industry and Technology (KJCF) has recently analyzed why Imabari Shipbuilding remains competitive for a long time. Even amid the downsizing of global shipbuilding industry, Imabari Shipbuilding has co...
2018-01-16 07:09:47
To which yard Evergreen's boxships heading to?
Evergreen Marine, which previously ordered 12 11,000 teu containerships from Imabari Shipbuilding, has not chosen a shipyard for building additional eight units yet.  The Taiwanese shipowner's two subsidiaries Greencompass Marine and Ever...
2018-01-16 07:05:56
HMD scores one MR tanker
Chios Navigation of Greece is said to have ordered one new tanker from Hyundai Mipo Dockyard (HMD).  According to a foreign press, Chios placed an order at the Korean shipbuilder for one 50,000 dwt MR product carrier (PC). It is also know...
2018-01-15 07:15:20
CCB books VLGC duo at HHI
Hyundai Heavy Industries (HHI) has won two new 80,000 cbm very large gas carriers (VLGCs). The China Construction Bank (CCB) ordered the two LPG carriers based on a long term charter deal signed with international energy trader Trafigura, a fo...
2018-01-15 07:15:02
HHI may reopen Gunsan yard if it goes well
Hyundai Heavy Industrie’s Gunsan yard catches a hope for reopening entering the new year. Kang Hwan-Goo, the President of Hyundai Heavy Industries (HHI), stated on January 11 at 2018 New Year Greeting held in Busan that “if (HHI) win more ...
2018-01-15 07:14:45
"Global industry will heavily depend on debt"
The global shipping industry will have to be heavily dependent on debt and lease financing to meet its huge newbuilding CAPEX requirement, according to an expert. Corrine Png at Crucial Perspective, a Singapore based research firm, said that t...
2018-01-15 07:13:25
[Feature] Yards’ 2018 goals
"Setting 41% higher target" Exiting from the worst phase of order drought in 2017, Korean shipbuilding industry is planning to accelerate the pace of recovery with more orders. Last year, Korean industry led global merchant vessel market ...
2018-01-15 07:12:45
"NB supporting plan needed urgently"
While it is expected that reinforcement of the international marine environmental regulations will be opportunities to both shipbuilding and offshore plant businesses, industrial experts emphasized the necessity of timely financial and political ...
2018-01-15 07:12:12
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