DSME asks for permission on debt restructuring [Finance]
Daewoo Shipbuilding & Marine Engineering filed requests to the Tongyeong Branch Changwon District Court for the approval of its debt readjustment plan on April 20. Upon approval, the Korean shipbuilding heavy weight receives KRW 2.9trn ($2...
2017-04-21 07:09:19
Smartship, breakthrough of 4th industrial revolution [Shipbuilding]
In the shipbuilding industry, 'Smartship' is emerging as a new weapon in the global market after the 'Fourth Industrial Revolution', was first presented at the Davos Forum Annual General Meeting last year. Korean Association of Ocean Science a...
2017-04-21 07:08:36
Cruiseship operators worry over STX France [Shipbuilding]
While the Italian state-owned shipbuilding group Fincantieri is ready to take over STX France, cruiseship owners who have orderbook in STX France are concerned about technology leakage. According to TradeWinds and overseas sources, Giuseppe Bo...
2017-04-21 07:07:41
Yara Marine to supply scrubbers to two Roros [Equipment]
Norway's Yara Marine Technologies has received an order for supplying of hybrid scrubber systems on two new Ro-Ro vessels from Australia's logistics company Toll Group. According to overseas sources, Yara is expected to supply its own hybrid s...
2017-04-21 07:07:05
Two workers electrocuted at CSBC [General]
It turned out that there were two deaths in Taiwan’s state-run shipbuilder CSBC. According to foreign press, two workers from a CSBC's subcontractor were accidentally electrocuted while carrying out welding works on April 15 at CSBC's Kaohsi...
2017-04-21 07:06:21
GLS to push ahead with US FLNG project [Offshore]
It emerged that Global LNG Services (GLS) of Norway has been in talks with Sembcorp Marine and Siemens for the construction of new floating natural gas liquefaction platform, the LIQUI-MAX™ Vessel, which will be used for an offshore LNG product...
2017-04-21 07:04:53
Bangladesh confirmed additional floating LNG terminal [Offshore]
Summit Group has recently been selected as a contractor for BOO (Build-Own-Operate) development of the Moheshkhali FLNG import terminal project, which is the second floating LNG import terminal in the country promoted by Petrobangla, Bangladesh. ...
2017-04-21 07:04:12
HHI to support India's naval ship construction [Shipbuilding]
Hindustan Shipyard has recently announced that the Indian shipbuilder succeeded in winning newbuildings in 35 years and achieved net profit of INR 300m (approximately $4.64m) in 2017 fiscal year, adding that it will build five fleet support ships...
2017-04-21 07:03:32
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