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Huntington snares new engineering deal
[Offshore]
Huntington Ingalls Industries announced on April 11 that its Technical Solutions division has received a contract award to provide engineering services and technical, logistics, maintenance and installation/alteration support to Naval Sea System ...
2017-04-20 07:30:14
Evoqua upgrades its production facility
[Equipment]
Evoqua Water Technologies is upgrading its SeaCURE® system production facility in Caldicot, Wales, to meet market demand for ballast water treatment systems, as shipowners look to comply with the entry into force of the Ballast Water Managemen...
2017-04-20 07:24:56
Wartsila to propel DEME's offshore construction vessel
[Equipment]
The technology group Wärtsilä is to supply the engines and other propulsion machinery for a new offshore construction vessel being built at the Cosco shipyard in China. The ship owner is Belgian operator Dredging International (DEME). ...
2017-04-20 07:21:15
Ulsan promotes marine equipment industry
[Equipment]
Ulsan City will invest a total of KRW 1.4bn, including government funding and city budget, to support local specialized industries in the field of shipbuilding equipment. Ulsan City announced on April 19 that it will promote the business devel...
2017-04-20 07:18:19
Gyeongnam supports LNG bunkering industry
[Shipping]
The Ministry of Trade, Industry and Energy (MOTIE) announced on April 18 that it has selected 'a project to support the local industrial base of the LNG bunkering' submitted by South Gyeongsang Province and Gyeongnam Techno Park as the project to...
2017-04-20 07:17:23
Korean 'Big3' CEOs to join OTC 2017
[General]
It seems that CEOs of Korean 'Big3' shipbuilders will participate in 'Offshore Technology Conference (OTC) 2017', which is scheduled to be held in Houston, Texas of the US, during May 1-4, 2017. According to the industry, CEOs of ...
2017-04-20 07:15:37
"DSME in the M&A market next year"
[Shipbuilding]
Financial Services Commission (FSC) Chairman Lim Jong-Ryong said the authority plans to change the domestic shipbuilding industry from the current “big three” system to “big two” system through M&A after making Daewoo Shipbuilding &am...
2017-04-20 07:14:42
DSME will be fundamentally transformed
[Finance]
Yoo Il-Ho, Deputy Prime Minister of Korea, has held the 7th Economic Ministerial Meeting at the Seoul government building on April 19 to discuss the plan to support the creation of a healthy entrepreneurial ecosystem, strategies to attract excell...
2017-04-20 07:13:55
C-Job to design new offshore heavy lift vessel
[Shipbuilding]
C-Job Naval Architects has recently announced that the Hoofddorp-based company will supply basic design package for one offshore heavy lift vessel which is under construction in China. C-Job will provide COSCO (Qidong) Offshore with the basic ...
2017-04-20 07:13:21
Korea to develop future marine technologies
[Shipbuilding]
The Korea Institute of Marine Science & Technology (KIMST) stated on April 17 that the 12 tasks of this year's 'project for developing future marine technology' has been carried out. The project is an R&D business that is supported by ...
2017-04-20 07:11:41
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