USC 1Q sales increase [Shipbuilding]
United Shipbuilding Corporation (USC), the largest state-owned shipbuilding group in Russia, posted a sharp drop in net profits, while sales rose sharply in the first quarter of this year. According to industry sources, USC's sales for the fir...
2017-06-08 07:08:19
CECO-SNAK ink MOU for cooperation [General]
The Changwon Exhibition & Convention Center (CECO), Changwon City, South Gyeongsang Province of Korea, has recently announced that it signed a memorandum of understanding (MOU) with the Society of Naval Architects of Korea (SNAK) for a mutual...
2017-06-08 07:07:33
KHI develops new Moss-type LNG tank [Equipment]
Kawasaki Heavy Industries (KHI) announced on June 5 that the Japanese shipbuilder developed Moss-type LNG tank for new LNG carrier and received Approval in Principle (AiP) from three world's key classification societies. By changing the circul...
2017-06-08 07:06:05
HHI awarded new VLOC trio [Shipbuilding]
Polaris Shipping announced on June 7 that the Korean very large ore carrier (VLOC) operator signed a contract with Hyundai Heavy Industries on May 31 for the construction of three 325,000 dwt VLOCs. Polaris is focusing on the replacement of its o...
2017-06-08 07:04:42
"Shipbuilding industry is recovering" [Shipbuilding]
Ka Sam-Hyun, CEO of HHI Group Ship Sales Division at Hyundai Heavy Industries, said, "The shipbuilding industry is now recovering." Ka said in a recent Chosun Ilbo interview that the shipbuilding industry got out of the worst and entered its...
2017-06-08 07:03:52
JEITEK aims to set up cruise ship infrastructure [Equipment]
JEITEK, a Korean manufacturer of galley equipment and catering & steel furniture, is focusing more on accumulating technologies for the construction of cruise ships.  The company employes the largest number of design·engineering expe...
2017-06-08 07:02:57
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