HMD suggests unpaid leave to labor union [General]
Hyundai Mipo Dockyard has submitted unpaid leave to its labor union to overcome the crisis and it sparked the union's strong opposition. It will the first time in 42 years since the founding of the company in 1975 when unpaid leave is decided....
2017-05-08 07:20:31
DSME subsidiaries' workers to return wages [General]
Daewoo Shipbuilding & Marine Engineering announced on May 4 that 99.3% employees at its five domestic subsidiaries such as Shinhan Heavy Industries (DSHI), Samwoo Heavy Industries (DSSW), Welliv, DSME Construction and DSME Inc. agreed to retu...
2017-05-08 07:18:55
Petrobras runs bids for several FPSOs [Offshore]
Petrobras' tender for Floating Production Storage and Offloading (FPSO) unit package for Libra pre-salt field in the Santos Basin was reportedly closed on April 26, with Mitsui Ocean Development & Engineering (MODEC, SBM Offshore and BW Offsh...
2017-05-08 07:18:08
KBR in pole position in pre-FEED awards [Offshore]
It is known that KBR has the most potential of winning the pre-FEED works for a semi-submersible hull design for Chevron's Anchor and Tigris developments in the US Gulf of Mexico (GoM). According to foreign media and industry, it seems that th...
2017-05-08 07:17:28
Chengxi wins Korean BC quartet [Shipbuilding]
As Korea Line Corporation announced on April 28 that it decided to acquire four bulker newbuildings at KRW 110.7bn ($98,000,000) from a foreign shipyard, the shipyard has turned out to be Chengxi Shipyard of China.  The four new vessels t...
2017-05-08 07:16:13
Korean shipyard to see orders increase [Shipbuilding]
As shipowners tend to hurry to order ships before ship prices rise, Korean shipbuilders are expected to see orders increase in the second half of this year as the dollar weakens and the KRW is forecast to strengthen. Park Moo-Hyun, a researche...
2017-05-08 07:15:31
KR receives EU MRV accreditation [Shipping]
The Korean Register of Shipping (KR) has received accreditation from the Germany-based national accreditation body DAkkS as an EU MRV verifier, effective May 1, 2017. With this, KR has become the first Korean institute which is capable of prov...
2017-05-08 07:14:09
SHI to come up with road map for safe shipyard [General]
Samsung Heavy Industries announced on May 4 that the Korean shipbuilding heavy weight has made all efforts to clean up a safety accident which occurred on May 1 and President Park Dae-Young visited the victim's mortuary on May 2 after cancellin...
2017-05-08 07:13:03
HHI to stop operation of Gunsan shipyard [Shipbuilding]
Hyundai Heavy Industries is to suspend the operation of its Gunsan shipyard from July 1, 2017.  The Korean shipbuilding tycoon announced through a regulatory filing on May 4 that it held a board meeting on the day and voted for a scheme r...
2017-05-08 07:12:14
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