Langh's water treatment expanded [Equipment]
Having established a firm position on the market for supplying scrubbers and water treatment systems, Langh Tech informed that the company is expanding its water treatment technology to new areas. Langh Tech has been working in close cooperati...
2017-03-06 07:10:42
Foreship appoints new executive [General]
Foreship announced on March 2 that it has appointed well-known ship energy expert Jan-Erik Rasanen as its Head of New Technology with effect from March 1, 2017. The new role expands Foreship’s energy-saving consulting services at a time when th...
2017-03-06 07:09:53
Sinokor signs LOI for up to 20 BCs [Shipbuilding]
Sinokor Merchant Marine looks to place a large order for up to 20 bulkers worth around $760m at Jinhai Heavy Industries of China.  According to TradeWinds, Sinokor and Jinhai have signed a letter of intent (LOI) to build up to 20 units of...
2017-03-06 07:09:15
Sejin penetrates into SMR industry [Equipment]
Sejin Heavy Industries is to enter the small modular reactor (SMR) industry.  The Korean shipbuilding equipment provider signed 'agreement of cooperation for SMR development business and the relevant technologies' with the Green Life Inte...
2017-03-06 07:08:45
Fredriksen places package deal at DSME [Shipbuilding]
John Fredriksen-controlled Flex LNG seems to have recently placed an order for up to four 173,400 cbm LNG carriers (including two options) at Daewoo Shipbuilding & Marine Engineering. According to TradeWinds, the relevant talks have been o...
2017-03-06 07:07:52
“Restructuring winner takes opportunity” [Shipbuilding]
Although the shipbuilding industry is suffering from a long-contracted recession, an analysis suggests that the shipbuilder that succeeds in restructuring will meet opportunities, which will be also a chance for investors. Seong Ki-Jong, a res...
2017-03-06 07:07:23
DSME, "Trying to solve liquidity crisis" [Finance]
Regarding a report related to the Korean shipbuilding heavy weight, which was made by one of its compatriot presses, Daewoo Shipbuilding & Marine Engineering explained that there is no clear condition or amount even though the company and Son...
2017-03-06 07:06:52
Global FLNG facilities go small and flexible [Offshore]
It is analyzed that the floating LNG production facility (FLNG) projects in the world are showing a tendency to become relatively small and flexible. Choi Kwang-Sik, a researcher at Hi Investment & Securities, said that the production cost...
2017-03-06 07:06:25
25 Korean ships chosen by leading magazines [Shipbuilding]
It turned out that the Naval Architect magazine (TNA) has recently selected 41 vessels as its 'Significant Ships' of 2016, following MarineLog and Maritime Reporter which announced their award winners at the end of 2016.   Of the 41 ships...
2017-03-06 07:05:21
MOU signed for Korean 'STS' LNG bunkering [Shipping]
The Korea Gas Corporation (KOGAS) announced on March 3 that it signed a memorandum of understanding (MOU) with DNV GL, Samsung Heavy Industries and KC LNG Tech for developing 'Korean ship to ship (STS)-type LNG bunkering procedure'.   The...
2017-03-06 07:03:30
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