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Brazilian Navy to acquire new warships
[Shipbuilding]
The Brazilian Navy announced that it plans to invest about $1.8bn to build four Tamandare class corvettes as part of its military modernization project. Most of the warships in Brazil were built 40 to 50 years ago and are in need of replacement. ...
2017-06-20 07:10:33
DSME receives decommissioning costs
[Offshore]
Daewoo Shipbuilding & Marine Engineering has received decommissioning costs of $50m from shipowners who cancelled offshore plant orders. According to industry sources, Daewoo received $2.5m for the decommissioning of offshore platforms eac...
2017-06-20 07:09:09
SWS launches China's 1st mega boxship
[Shipbuilding]
It turned out that the first mega containership that is built in China has recently been launched. It is said that a launching ceremony for the 20,000 teu containership 'Taurus' was held on June 16 at CSSC-affiliated Shanghai Waigaoqiao Shipbu...
2017-06-20 07:08:14
"Mid-sized ship order likely to pick up"
[Shipbuilding]
A Korean industry expert has recently analyzed that one of the important issues of global shipbuilding industry is ship replacement, focusing on 'fuel efficiency' and 'regulations', and mid-sized ship is the center of the demand for the issue. ...
2017-06-20 07:06:49
HHI fully furnished with demonstration facility for LNG ship
[Equipment]
Hyundai Heavy Industries has recently launched a full-scale 'LNG carrier demonstration facility' at its headquarters in Ulsan for the first time in the industry and has been implementing customized sales strategies to enable customers to directly...
2017-06-20 07:05:08
KR reveals new vision and logo
[General]
Marking the 57th anniversary of its foundation on June 20, the Korean Register of Shipping (KR) has presented its new vision "Providing the best services, Creating a better world". Chairman Lee Jung-Gee said, "Our new vision contains the...
2017-06-20 07:04:20
Hard time emerges in Korean shipbuilding industry
[Shipbuilding]
Design·purchase procedures take several months or more than a year for new orders to enter shipyards' workings even though new ship sales contracting is showing signs of recovery this year, focusing on large-sized shipyards. Accordingly, revenue...
2017-06-20 07:03:36
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