Hitachi expands engine JV [Equipment]
Hitachi Zosen of Japan announced on May 17 that the new factory of 'Zhen Jiang Zhong Chuan Hitachi Zosen Machinery' which is a joint venture (JV) set up by the company and CSSC Marine Power, an engine manufacturing affiliate of China State Shipbu...
2017-05-22 07:13:44
MES starts test on wave power generation [Offshore]
Mitsui Engineering and Shipbuilding (MES) has recently announced that the Japanese shipbuilder starts carrying out a verification test on 'mechanical wave power generation device' for the first time in Japan at the coastal waters of Kozushima, To...
2017-05-22 07:13:07
"RG needs to be issued for mid-sized yards" [Shipbuilding]
The South Gyeongsang branch of the Korean Metal Workers' Union (KMWU) held a press conference on May 18 at press center of the South Gyeongsang Provincial Government Building and announced, "Our local shipbuilders Sungdong Shipbuilding & Mari...
2017-05-22 07:12:08
Japan conducts joint research on autonomous vessel [Shipbuilding]
Seven private and public companies and institutions in Japan, including shipping, shipbuilding and research institutes, will undertake a joint research on "automatic (autonomous) vessels". Mitsui Engineering & Shipbuilding, MitsuiLines(MOL...
2017-05-22 07:11:21
Korea needs policy support for shipping [Shipbuilding]
While Korean shipbuilders are thirsty for new orders to survive, domestic shipping companies are seeking Chinese shipyards for newbuilding orders this year, causing controversy. Although the shipbuilding industry is struggling to win orders, i...
2017-05-22 07:10:44
Lee Young wins LNG FUEL TANK [Equipment]
Lee Young Industrial Machinery (CEO Lee Jung-Ho), a shipbuilding equipment manufacturer located in Ulsan, Korea, has been attracting attention by entering the LNG FUEL TANK market. The vessel built by Hyundai Samho Heavy Industries is the LNG-...
2017-05-22 07:09:11
HHI wins back 1st place in group orderbook [Shipbuilding]
Global shipbuilders' orderbook totaled 3,290 vessels and 192.10m dwt (78.20m cgt) as of the end of April, 2017. The amount (in dwt terms) showed a 14% downturn against the beginning of the year, representing the lowest record since 2004 also. ...
2017-05-22 07:06:26
Fincantieri acquires STX France [Finance]
Fincantieri announced on May 19 that it signed on the day a share purchase agreement (SPA) for the acquisition of 66.66% of the share capital of STX France from its current shareholder STX Europe AS. The agreement entails a purchase price of...
2017-05-22 07:05:31
DSME outside director resigned [General]
Kim Yu-Sik, Non-Executive Independent Director at Daewoo Shipbuilding & Marine Engineering, has went out of his office .  Daewoo announced the interim resignation of Kim through a regulatory filing on May 18. His term of office was or...
2017-05-22 07:03:14
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