Zvezda nets icebreaker trio
Russia's state-run shipyard Zvezda Shipbuilding Complex turns out to have been awarded three new Linder-class ice-breaking vessels. According to Russia's local media, and etc., Yury Borisov, the Deputy Prime Minister of Russia, com...
British Embassy in Korea joins 'OK 2018'
The British Embassy in Korea joins 'Offshore Korea 2018 (OK 2018)' which takes place during October 10-12 at Busan Exhibition and Convention Center (BEXCO), Busan Metropolitan City, Korea. In its pavilion (F107), the embassy will int...
STX sells navy contract business to Samkang
STX sells navy contract business to Samkang STX Offshore & Shipbuilding loads off its special purpose vessel (navy contract) business, selling it to KOSDAQ-listed Samkang M&T, along with its Goseong floating dock. Samkan...
"Newbuilding is compelling than retrofit"
Overseas Shipholding Group (OSG) has explained its recent order of two 50,000-dwt product carriers at Hyundai Mipo Dockyard (HMD). CEO of OSG, Samuel Norton, explained in a recent conference at Houston that OSG made the decision after it...
Damen-Eesti Gaas sign contract for bunkering ship
A contract between parent company of Eesti Gaas (Estonia’s leading energy company), and Damen Shipyards has been signed for the construction of the first of a series of short-sea LNG bunker vessels to operate in the Baltic Sea. The LGC 6000 LNG...
STX christens two sister PCs
STX Offshore & Shipbuilding has named 11,200-dwt two product oil & chemical tankers it had built for SamBong Shipping on October 4 at Jinhae yard. Now the sister ships will be called SAMBONG HERA and SAMBONG ARTEMIS. STX won the dea...
South Gyeongsang attracts new investments
Based on its differentiated investment incentive strategy, South Gyeongsang Province of Korea has succeeded in making investment agreements worth KRW 3trn (approximately $2.655bn) with 17 companies at home and abroad. The province ...
"IMO rules to boost Korean shipyards' growth"
A Korean industry expert opined that international environmental regulations will finally boost the growth of Korean shipbuilding industry. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, said in his October 1 rep...
Sale of entire Sungdong failed
It turned out that the sale of the entire Sungdong Shipbuilding & Marine Engineering has been failed. After spinning off its business assets, the Korean conglomerate will carry forward the sale again in the middle of November this year. ...
Foreship expertise to build West Coast cruise ship business
Naval architecture, design and marine engineering specialist Foreship has transferred a senior member of its management team in Finland to head its Seattle operation, in a move aiming to expand West Coast activities and provide a new focus for it...
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