MarAd carries forward security vessel order
The U.S. Department of Transportation's Maritime Administration (MarAd) is seeking for a vessel construction manager for the first unit of five new National Security Multi-Mission Vessels (NSMVs). During the 'TradeWinds Shipowners ...
HMD delivered eco-friendly LNGBV
Hyundai Mipo Dockyard (HMD) has delivered its cutting-edge LNGBV (LNG Bunkering Vessel) adopting various advanced technologies. LNGBV is a vessel fueling LNG to other ships on the sea. Its demand is gradually growing with environment reg...
DSME may turn red next year
Eun Sung-soo, Chairman and President of The Export-Import Bank of Korea (KEXIM) predicted on October 16 that Daewoo Shipbuilding & Marine Engineering (DSME), which is in the middle of restructuring, can make a loss again next year. I...
Keels laid for Europe’s biggest butane tankers
Work has begun on Europe’s two largest-ever butane river tankers, at the VEKA shipyard at Lemmer (Netherlands). Each vessel is around three times the size of today’s typical Rhine barges. The vessels – the result of a working partnership...
Algoma announced contract cancellation at Uljanik
Algoma Central Corporation (“Algoma” or “the Company”) (TSX: ALC), a leading provider of marine transportation services, today announced that it has taken steps to cancel its remaining four new build construction contracts with a Croatian...
Potential buyer appears for Uljanik
It is said that a potential buyer for Croatia's Uljanik Shipyard has appeared. According to foreign media outlet, billionaire Vadim Novinsky who owns Smart-Holding, one of the largest production and investment groups in Ukraine, has recently m...
HSHI seems to have won 15K boxship
Clarksons Research has delivered the news of Hyundai Samho Heavy Industries' (HSHI's) new containership order. Citing the newbuild fixture updates of the UK shipping information provider, Choi Gwang-Sik, an analyst at Hi Investment & Secur...
Kor-Ind tie for shipbuilding industry
It seems the bilateral partnership between Korea and India for shipbuilding industry will accelerate further. Expectations are growing that the bilateral partnership after India participated in ‘Republic of Korea International Fleet Review...
KR promotes its technology in 'OK 2018'
The Korean Register of Shipping (KR) has recently announced that it joined 'Offshore Korea 2018 (OK 2018)' which took place during October 10-12 at Busan Exhibition and Convention Center (BEXCO), Busan Metropolitan City, Korea. OK 2018 is bien...
"HMD shows trend growth"
Korean security companies see the trend growth of Hyundai-Vinashin Shipyard (HVS), a Vietnamese arm of Hyundai Mipo Dockyard (HMD). Kim Hong-gyoon, an analyst at DB Financial Investment, noted through his report on October 15, "We continuously...
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