Shipbuilding
DSME’s business profits decreased by 48%
  Through a regulatory filing, on March 10, Daewoo Shipbuilding & Marine Engineering (DSME) released its 2020’s performance. DSME posted KRW 7trn 30.2bn in sales KRW 153.4bn in operating profit, KRW 86.6bn on a consolidated basi...
2021-03-12 09:23:48
Boxship orders play critical role for Korea
  While the global shipbuilder is recovering sharply this year, it turned out that securing containership orders played an important role.   According to industry source and Clarksons Research, global shipbuilders have been awa...
2021-03-12 09:23:02
Korea holding down the top spot in global new order sales
  While global shipyards secured orders for 92 vessels (2,820,000 cgt), Korean shipyards received orders for 43 vessels (1,560,000 cgt), last February. The Korean shipbuilding industry has topped the world’s contracting ranking. ...
2021-03-12 09:22:10
First ever eVSP ready to be installed
GONDAN Shipbuilders announced on March 8 that it has received last week at its main facilities in Castropol, Asturias, SPAIN, the two first electric Voith Schneider Propellers (eVSP) ever manufactured. They will be soon installed in the new Com...
2021-03-11 09:31:33
Greenbrier launches Crowley's new Alaska fuel barge
  Crowley announced on March 8 that it has achieved a significant milestone in its 55,000-barrel articulated tug-barge (ATB) new-build project with the launch and christening at Greenbrier Marine of Qamun, a double-hulled petroleum barge ...
2021-03-11 09:27:59
Deltamarin launches virtual showroom
  Deltamarin announced on March 9 that Deltamarin, in partnership with Cargill and BAR Technologies, is seeking to be a leader for the maritime industry in climate- and environment-related issues. WindWings is a wind propulsion system des...
2021-03-11 09:23:36
Petredec declares option to build 3 more VLGCs
  Petredec Holdings (Eastern) PTE Ltd (“Petredec”) has announced on March 8 that they have exercised their option to construct an additional three 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard (Gro...
2021-03-11 09:04:30
Yangfan Group wins 1 tanker
  It turned out that Yangfan Group secured a contract to build one 23,000 dwt product oil & chemical tanker from Zhejiang Henghui Shipping.    According to industry sources and foreign media, the newbuild will be enter...
2021-03-11 08:58:46
HHI’s information protection system approved
  Hyundai Heavy Industries (HHI) has been certified for two types of international standards for information protection for the first time in the shipbuilding industry.   On March 8, HHI had a ceremony to certify ISO27001 and I...
2021-03-11 08:57:54
Increase in Korean export ship
  It turned out that Korean shipyards received orders for export ship worth $1.5bn in February, showing an uptrend of 4% (year-on-year).   In 2020, February, it recorded $3.484bn in February 2020, up 23.3% from (y-o-y). It also...
2021-03-11 08:56:45
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