Shipbuilding
HMD bags feeder boxship ships
Hyundai Mipo Dockyard (HMD) is said to have won new containerships from Japan. Japanese trading enterprise Itochu Corporation has booked more than one 1,800-teu feeder containerships at HMD based on a long-term charter deal signed with Korea's...
2018-04-03 07:00:29
"HHI expected to see loss in 1Q"
KB Securities announced on April 2 that Hyundai Heavy Industries' (HHI's) profit and loss seem to have negatively been affected by rising fixed costs and material costs, as well as falling ship construction prices amid a decrease in revenue, whic...
2018-04-03 06:59:40
SM KLC books VLCC duo at DSME
SM KLC (Korea Line Corporation) announced on April 2 that the Korean shipping company signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of two 300,000 dwt very large crude carriers (VLCCs, Hull Nos. 5...
2018-04-03 06:58:28
DSME adds three VLCCs
Daewoo Shipbuilding & Marine Engineering (DSME) again proved its competence in crude carrier segment with latest VLCC orders. DSME announced on April 2 that it took an order for two VLCCs from SM KLC, plus another one VLCC from a European ...
2018-04-02 11:19:17
WinGD X-DF dual-fuel unit demonstrates operation
WinGD and Wärtsilä Gas Systems announced on March 29 that they have successfully tested a NG-VOC (Natural Gas - Volatile Organic Compounds) fuel mix for the WinGD X-DF engine, selected to power two 125 000 dwt Shuttle Tankers for AET. Guests...
2018-04-02 07:33:04
LH buys ShinaSB site
Korea Land & Housing Corporation (LH) signed a contract covers the purchase of the site of its compatriot shipbuilder ShinaSB Yard on March 29 as a part of Korean New Deal project that aims to revamp Tongyeong City, South Gyeongsang Province,...
2018-04-02 07:15:42
JMU expected to win 32 NBs in FY 2017
Shinjiro Mishima, President & CEO at Japan Marine United (JMU), has recently had a press conference and presented the current state of the company's business and future management plan.  Regarding the current market condition, accordi...
2018-04-02 07:15:09
Korea starts building ICT convergence tower
Ulsan Metropolitan City had a groundbreaking ceremony for the 'High-tech Town' on March 28 at the Ulsan Techno General Industrial Complex, Duwang-dong, Nam-gu, Ulsan, Korea.  The town is an infrastructure of 'ICT convergence Industry4.0S ...
2018-04-02 07:13:45
JMU to build Canadian ice-breaking bulker
Japanese shipbuilder Japan Marine United recently announced that it signed a building contract for a 31,000-dwt ice-breaking bulker with Canadian shipping company Fednav through the intermediation of Sumitomo Corporation. This is the third ice...
2018-04-02 07:13:08
"DSME reigning LNG segment"
Daewoo Shipbuilding & Marine Engineering (DSME) is reigning over LNG carrier market, taking eight units out of 16 units which were ordered so far this year. Park Moo-Hyun, a researcher at Hana Financial Investment reported on March 30 that...
2018-04-02 07:11:34
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