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Busan to replace old government ships
[Shipbuilding]
Busan Metropolitan City of Korea announced on May 15 that it set up and is pushing ahead with a plan to replace seven old government ships with LNG-fueled ships by 2023. For the plan, the city has prompted the government to pay KRW 46.7b...
2017-05-18 07:17:56
"Energy exploration market weathers storm"
[Offshore]
It has been suggested that energy explorers need to reduce costs for their oil and gas exploration activities until the oil prices show definite recovery trend although the global energy exploration market is turning the corner this year. ...
2017-05-18 07:16:39
Sejin to supply LEG tanks for HMD
[Equipment]
Sejin Heavy Industries announced through a regulatory filing on May 17 that the Korean shipbuilding equipment manufacturer won LEG tanks for four new ethylene carriers from Hyundai Mipo Dockyard at KRW 15.3bn (around $13.68m). The 21,00...
2017-05-18 07:14:37
HHI·SHI win LNG patent suit against DSME
[Shipbuilding]
Hyundai Heavy Industries and Samsung Heavy Industries has won a lawsuit against Daewoo Shipbuilding & Marine Engineering to invalidate the patent registration of partial reliquefaction system for LNG carrier, according to the Supreme Court of...
2017-05-18 07:13:58
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