Most Japanese yards made loss in FY2016 [Shipbuilding]
It turned out that Japanese shipyards saw losses in their business performance for FY2016 (from April, 2016, to March, 2017).  MarineNet, a Japan's local press, forecasted that its compatriot yards will also make losses in FY 2017 and it ...
2017-05-30 07:17:32
New orders plummeted in Singapore [Shipbuilding]
Singapore's shipbuilding and offshore industry's new orders received in 2016 amounted to SGD 820m(about $590m), sharply down from SGD 4.9bn seen in the previous year. According to Association of Singapore Marine Industries (ASMI), the orderboo...
2017-05-30 07:16:47
Indonesia's 'Java-1' project postponed [Offshore]
It emerged that Indonesia's 'Java-1' independent power plant (IPP) project has been delayed. According to foreign press and industrial source, it is said that Indonesia's state-owned electric power company Perusahaan Listrik Negara (PLN) has p...
2017-05-30 07:16:00
Korea-China hold joint LNG bunkering seminar [General]
Korea Gas Corporation (KOGAS) said it held a joint LNG bunkering seminar in Shanghai, China, on June 25. The seminar was attended by about 80 officials from the two countries, including Korea Gas Corporation, member companies of KOREA LNG Bunk...
2017-05-30 07:15:05
SHI appoints new Geoje yard head and CFO [People]
Samsung Heavy Industries has recently appointed new Geoje shipyard head and chief financial officer (CFO).  The Korean shipbuilding tycoon carried out personnel changes in executives on May 26. A total of four executives have been promote...
2017-05-30 07:14:07
SHI appoints new Geoje yard head and CFO [General]
Samsung Heavy Industries has recently appointed new Geoje shipyard head and chief financial officer (CFO).  The Korean shipbuilding tycoon carried out personnel changes in executives on May 26. A total of four executives have been promote...
2017-05-30 07:13:39
LNG bunkering-age comes near [Shipping]
As the International Maritime Organization's (IMO's) sulfur oxides (SOx) emissions are to have sulphur cap from the current 3.5% to less than 0.5% from 2020, LNG has been in the limelight as a fuel for ship.  EA Gibson, the UK ship broker...
2017-05-30 07:11:42
HHI Group establishes ICT control tower [General]
For the first time in Korean shipbuilding industry, Hyundai Heavy Industries Group newly established ICT (Information and Communication Technology) planning team to prepare for the 4th industrial revolution and recruited Kim Tae-Hwan, chairman of...
2017-05-30 07:11:00
Hyundai Mipo bags Ro-Ro ship duo [Shipbuilding]
Hyundai Mipo Dockyard has announced through a regulatory filing on May 29 that it had won a newbuilding order for two Ro-Ro ships worth KRW 133.9bn.   The contract value is equivalent to 3.17% of revenue recorded in 2016. In dollar basis, ...
2017-05-30 07:03:23
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