KHI plans restructuring in ship & offshore [Shipbuilding]
Executive from Ship & Offshore Structure Company at Kawasaki Heavy Industries held a press conference on May 18 and explained its business policy. The plan is to increase construction volume by strengthening integrated operations at two jo...
2017-05-23 07:09:54
DSME appoints management committee head [General]
Kim Yoo-Sik, former vice chairman and custodian of STX Pan Ocean, has been appointed as the chairman of management normalization committee at Daewoo Shipbuilding & Marine Engineering.   According to an announcement by Korea Development...
2017-05-23 07:09:08
DSME in trouble for receiving creditor supports? [Finance]
One investor in the corporate bond of Daewoo Shipbuilding & Marine Engineering is causing anxiety about receiving supports from creditors.  The indebted Korean shipbuilder originally planned to resume stock trading in August after rec...
2017-05-23 07:08:21
KR researcher won Marquis award [People]
Lee Sang-Rae, senior researcher at the Korean Register of Shipping (KR), has been chosen as the winner of 'the 2017 Albert Nelson Marquis Lifetime Achievement Award' bestowed by 'the Marquis Who', one of the world's top three biographical diction...
2017-05-23 07:07:22
KR researcher won Marquis award [General]
Lee Sang-Rae, senior researcher at the Korean Register of Shipping (KR), has been chosen as the winner of 'the 2017 Albert Nelson Marquis Lifetime Achievement Award' bestowed by 'the Marquis Who', one of the world's top three biographical diction...
2017-05-23 07:07:00
MES splits business and changes name [General]
Mitsui Engineering & Shipbuilding announced on May 22 that it had resolved the plans for the split up of each business and the establishment of each company for the transition to a holding company structure as of April 1, 2018.   The p...
2017-05-23 07:06:11
HHI affiliates see rebound in backlog [Shipbuilding]
Hyundai Heavy Industries has recently announced that the company has earned revenue of KRW 3.6570trn (around $3.274bn) for the first four months of this year, down by 38% year-on-year.  From January to April, 2017, Hyundai Mipo Dockyard e...
2017-05-23 07:04:38
Korea leads new orders in Jan-Apr [Shipbuilding]
Korean shipbuilders are booming in the newbuilding market early this year, with 4.6m dwt orders out of a combined 10.7m dwt awarded at Asian shipbuilders from January to April, 2017. Clarkson Research says through the latest report that the gl...
2017-05-23 07:03:38
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