VR enhances yard safety
Ulsan of Korea recently announced that its VR/AR/MR contents development project for yard safety is selected as one of ‘2018 VR/AR/MR flagship project,’ which was set by National IT Industry Promotion Agency of Korea (NIPA) and Ministry of Sc...
COSCOCS aiming Brazilian waters
Chinese maritime giant China COSCO Shipping (COSCOCS) is poised to expand its reach into the Brazilian market. Foreign sources told that the group is seeking new O&G development projects in Brazilian offshore with rising oil price and loos...
Korean yards dominated gas ship orders
Global shipbuilding industry scored 252 units, 21.6m dwt (7.7m cgt) of orders for the first four months of 2018, representing a 22% year-on-year downturn in terms of annualized dwt. April has particularly been weak with only 40 units, 1.5m dwt of...
HHIC planning new shipyard
Hanjin Heavy Industries & Construction (HHIC) of Korea is understood to have been mulling on moving its Yeongdo-based shipyard to a new site. It is said that the company is leasing a part of a dock around Sinseondae, Busan. HHIC is plannin...
Carbon targets can only be met with ‘Zero CO2’ fuels
The ambitious CO2 reduction targets set by the UN International Maritime Organization (IMO) for the year 2050 can only be delivered with the global rollout of zero CO2 fuels and propulsion systems, says the International Chamber of Shipping (ICS)...
Silent drive becomes reality: Eco tour vessel launched
25 May 2018, Incat Crowther announced the launch of Spirit of the Wild, a spectacular new tour vessel for Gordon River Cruises, and the first in Australia to operate in World Heritage-listed wilderness with Silent Drive. Offering interpr...
Imabari got canceled LNG carrier deal
The industry heard that a newbuilding contract for an LNG carrier Imabari Shipbuilding have garnered is canceled. According to TradeWinds and industry, the unit with hull number 8200 was ordered by Trinity LNG Transport in 2015, a partnership ...
Sungdong pursues early M&A?
The court managers of Sungdong Shipbuilding & Marine Engineering have recently submitted M&A proposal on May 18. It is said that the Changwon District Court of Korea, as well as Sungdong itself, see that M&A is the most viabl...
DSME delays ULC for Maersk
Daewoo Shipbuilding & Marine Engineering (DSME) has recently announced through a regulatory filing that the Korean mammoth shipbuilder and an European owner agreed to postpone the delivery of the last unit of 11 containerships worth approxima...
HHI won VLCC series
It is heard that Hyundai Heavy Industries (HHI) has won multiple VLCCs from a JV between Vitol and Standard Chartered. According to foreign media, Elandra Tankers (Singapore) Pte Ltd have ordered four VLCCs at around $92m apiece. According ...
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