JMU nets BC duo from Norway
Japan Marine United (JMU) has been awarded two Kamsarmax bulkers by Kristian Gerhard Jebsen Group (KGJG) of Norway. According to industrial source and foreign press, the 82,000 dwt newbuilds will be operated by Bulk Trading Group, a join...
Korea announces shipbuilding revival plan
The Ministry of Trade, Industry and Energy (MOTIE) of Korea revealed a plan for enhancing the vitality of domestic shipbuilding and equipment industries on November 22 at Central Government Complex, Seoul, Korea. Under the plan, a total ...
Korean players promote win-win cooperation
Key players in Korean shipbuilding industry such as the Ministry of Trade, Industry and Energy (MOTIE), five local governments from Busan Metropolitan City, Ulsan Metropolitan City, South Gyeongsang Province, North Jeolla Province and South Jeoll...
WSIC won Singapore chemical tankers
Wilmar International of Singapore has ordered up to six chemical tankers at CSIC through its subsidiary, Raffles Shipping. Foreign media and industry sources told that CSIC-affiliated Wuchang Shipbuilding (WSIC) has announced it had received o...
KOMEA holding networking conference
The Korea Marine Equipment Association (KOMEA) is holding a ‘Conference for Global Network of Korea Marine & Offshore Equipment 2018’ on November 22 at Busan with Korea Maritime and Ocean University (KMOU) LINC+ project team. The confe...
BEXCO witnessed visions for green shipping
The Korea Marine Equipment Research Institute (KOMERI) has held a shipbuilding and maritime industry forum cerebrating Busan R&D Week on November 20 at BEXCO, Busan. The forum included various presentations and discussions on LNG fueling a...
HHI·HMD see upturn in revenue
Hyundai Heavy Industries (HHI) has recently announced through a regulatory filing that its provisional revenue for October reaches KRW 702.4bn (about $621.6m), up by 16.5% year-on-year. Its accumulated revenue at the end of October was KRW 6.5296...
Huanghai wins one Ro-Pax ferry
Weihai-based Huanghai Shipbuilding has been awarded one Ro-Pax ferry (car and passenger ferry) by its compatriot Weihai Haida. According to foreign media outlet and industrial source, the 37,000 gt car ferry newbuild, which is capable of...
Moon pledges supports for shipbuilders
Speaking at a Cabinet meeting on November 20, Korean President Moon Jae-In praised increased business performance of domestic manufacturing industries such as shipbuilding and automobile, noting, "As the saying goes, 'You can only row when there ...
"Favorable conditions set up for Korea"
Korean shipbuilders are forecasted to continue their upturn in new order sales in 2019 amid favorable conditions for them including expanding LNG carrier market. Hyundai Research Institute (HRI) has recently released a report expecting Korean ...
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