Wartsila's HY hybrid power module introduced [Equipment]
The technology group Wärtsilä has announced the introduction of a unique hybrid product, the Wärtsilä HY, on May 30, representing an unprecedented innovation in marine propulsion systems. By leveraging its technical strengths in both engine d...
2017-06-01 09:36:35
Keppel to win $360m this year [Shipbuilding]
Keppel Corporation of Sinagpore is expected to win up to SGD 500m($360m) worth of newbuilding orders thanks to its efforts in diversification of product mix.  RHB Securities Singapore said through a note to investors, with all these jobs ...
2017-06-01 09:32:52
Korean shipbuilding regions made proposals [Shipbuilding]
It turned out that Korea's five shipbuilding regions Ulsan Metropolitan City, Busan Metropolitan City, North Jeolla Province, South Jeolla Province and South Gyeongsang Province have submitted proposals to the government and made a request for as...
2017-06-01 09:32:01
DSME-FHI sign smart factory cooperation [Shipbuilding]
Daewoo Information Systems, a subsidiaries of Daewoo Shipbuilding & Marine Engineering, has started to support the construction of smart factories to improve productivity and quality of it partner companies.  On May 26, Daewoo Informa...
2017-06-01 09:31:14
Personal changes in two Korean GE executives [People]
GE Oil & Gas, a subsidiary of the US multinational conglomerate corporation General Electric (GE), has recently announced that Park Jang-Won, country executive of GE Oil & Gas Korea, had been named as director for Digital Solutions of GE Oi...
2017-06-01 09:29:47
Personal changes in two Korean GE executives [General]
GE Oil & Gas, a subsidiary of the US multinational conglomerate corporation General Electric (GE), has recently announced that Park Jang-Won, country executive of GE Oil & Gas Korea, had been named as director for Digital Solutions of GE ...
2017-06-01 09:28:24
AVEVA raises design efficiency for small yards [Shipbuilding]
AVEVA turns out to have introduced its 'AVEVA MARINE', 3D computer-aided design (CAD) solution specialized in shipbuilding industry, to Korean small- and mid-sized shipyards by tailoring the program to their needs.  With the use of consis...
2017-06-01 09:23:30
"Korean shipyards on the road to recovery" [Shipbuilding]
The Korean shipbuilding industry, which suffered from a severe recession, has a clear order recovery. Eugene Investment & Securities analyzed that demand for PC is recovering for Hyundai Mipo Dockyard. Lee Sang-Woo, an analyst from Euge...
2017-06-01 09:22:07
Busan discusses plans to become financing hub [General]
Busan Metropolitan City will hold 'Busan marine finance convention 2017' on June 1 at Westin Chosun Busan, Busan Metropolitan City of Korea, with a view to discussing how the city could grow up to be a marine finance hub. This year marks the f...
2017-06-01 09:21:13
DSME gets approval for LNG fuel tank [Equipment]
Daewoo Shipbuilding & Marine Engineering is spurring the development of LNG fuel tanks. Daewoo has completed design of LNG fuel tank (MCTIB®), which can be applied to  14,000 teu and 20,000 teu containerships, in response to the tren...
2017-06-01 09:19:03
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