HMD to promote 'paid leave' [General]
Hyundai Mipo Dockyard's labor union and management will implement a paid leave for departments that have insufficient supplies to overcome the shipbuilding crisis. The labor union of Hyundai Mipo announced on May 12 that the union and the mana...
2017-05-16 07:10:53
DSME corrects financial statements [Finance]
Daewoo Shipbuilding & Marine Engineering has changed its incorrect financial statements from 2008 to the first quarter of 2016. It has turned out that the company recorded deficits for the five consecutive years since 2012. Daewoo revised ...
2017-05-16 07:09:55
Acquisition of STX France could be reviewed [General]
Doubts are cast over the possibility that STX Offshore & Shipbuilding could sell STX France.  Selling STX France is likely to be a hot potato among French policy makers before a June parliamentary election.  TradeWinds reporte...
2017-05-16 07:09:16
Japan export ship order up 223% [Shipbuilding]
Japanese shipbuilders have recorded more than three digits from the same month last year in export ship orders in April this year, and monthly contracts outperformed the previous year for the fourth consecutive month. According to the Japan Sh...
2017-05-16 07:08:34
NB price recovery expected soon [Shipbuilding]
It emerged that the global ship price index has recently showed rebound trend or upturn. Choi Kwang-Sik, a researcher at Hi Investment & Securities, said on May 15, "Last week, the global ship price index increased both in new and second-h...
2017-05-16 07:06:38
SHI affirms determination for safety [Photo News]
Samsung Heavy Industries held a rally to consolidate safety consciousness on May 15 and resumed its Geoje shipyard works. Writing by Jeff Kim jeff@asiasis.com
2017-05-16 07:05:40
SHI affirms determination for safety [General]
Samsung Heavy Industries held a rally to consolidate safety consciousness on May 15 and resumed its Geoje shipyard works. A work suspension order, which was given on May 1, has been lifted partially from May 6 in order of worksites where get c...
2017-05-16 07:04:41
SHI wins another VLCC quartet [Shipbuilding]
Korea's Samsung Heavy Industries said on May 15 that it won four VLCC newbuildings worth KRW 379.8bn ($336m) from an Oceania-based shipowner.   According to Samsung's regulatory filing, the contract period is effective from May 12, 2017, t...
2017-05-16 07:03:18
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