Intellian's VSAT chosen by Dongwon Industries [Equipment]
Intellian Technologies, the world's leading provider of maritime satellite antenna systems, announced on May 4 that it starts providing Korea's largest fishing company Dongwon Industries with VSAT services with the goal of promoting the welfare o...
2017-05-11 07:13:34
"Korea needs to develop core smart ship technologies" [Shipbuilding]
It was suggested that Korean shipbuilding industry needs to hurry up for developing the core smart ship technologies. Smart ship is capable of operating by itself on its own remote diagnosis and uses internet of things IoT, big data and artifi...
2017-05-11 07:10:43
Committee set up to manage DSME's restructuring [Finance]
The Korea Development Bank (KDB) and the Export-Import Bank of Korea (the Korea Eximbank) announced on May 8 that they set up a committee for managing the normalization process of Daewoo Shipbuilding & Marine Engineering, which is made up of ...
2017-05-11 07:09:51
Hyundai-Vinashin wins an MR TK [Shipbuilding]
Hyundai-Vinashin Shipyard (HVS), owned by Korean Group Hyundai Mipo Dockyard, has won a new MR tanker from Central Shipping Monaco, a private company of Evangelos Pistiolis. According to industry sources, the newbuilding is expected to meet IM...
2017-05-11 07:08:56
JMU secures SPB® production base in Europe [Equipment]
Japan Marine United (JMU) announced on May 10 that the Japanese large shipbuilder and Aluship Technology of Poland have recently made an agreement to join hands with the goal of manufacturing and selling SPB® system for European customers.  ...
2017-05-11 07:08:12
[Feature] Korea's new leader vows to address shipbuildi... [Shipbuilding]
Moon Jae-In has triumphed in the Korean presidential election with over 40 percent of the vote. Korean shipbuilding industry expects support plans from the new government, such as increasing new orders and so on, as President Moon made this as a ...
2017-05-11 07:06:44
Korea tops newbuilding orders in April [Shipbuilding]
Global newbuilding orders in April dropped sharply from the previous month, but Korea achieved the largest number of new orders among shipbuilding nations.  Accoridng to Clarkson Research, global newbuilding orders in April totaled 750,00...
2017-05-11 07:03:29
Hyundai Samho wins VLCC pair [Shipbuilding]
Hyundai Samho Heavy Industries has won a new order to build up to four Very Large Crude Carriers (VLCCs) from John Fredriksen's Frontline. According to TradeWinds, Frontline ordered 2+2 VLCCs from Hyundai Samho at around $320m in tota.  ...
2017-05-11 07:02:46
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