Korea stresses floating wind farm business [Offshore]
While there are pros and cons of a halt to the construction of the Singori Nuclear Power Plants No. 5 & No. 6 among residents in Ulsan Metropolitan City of Korea, an opinion has emerged on advancing 'floating wind farm business' as an alterna...
2017-06-21 07:08:56
Yards' sales grow with thick plate price up [Equipment]
A Korean industry expert has recently analyzed that a increase in ship manufacturing cost, which stems from the hikes of thick plate price, causes ship price to rise and also leads to growing shipyards' revenues.    Park Moo-Hyun, a ...
2017-06-21 07:07:26
China NB orders fall 31% Jan-May [Shipbuilding]
Newbuilding orders awarded at Chinese shipbuilding industry in January - May 2017 fell by 31% year-on-year to 9.86m dwt. However, in May, the shipbuilders saw a year-on-year increase of 400% to 3.20m dwt.  According to CANSI data, newbuil...
2017-06-21 07:05:30
Petredec adds new VLGCs [Shipbuilding]
Singapore's Petredec turns out to have placed an order to build 2+2 very large LPG carriers (VLGCs) at CSSC-affiliated Jiangnan Shipyard. According to industry sources, newbuilding price of the 84,000cbm VLGCs is around $72-73m apiece and the ...
2017-06-21 07:04:44
KRISO works on development of FLBT [Offshore]
While the Korean government has been pushing for the development of liquefied natural gas (LNG) fuelled ships and the LNG bunkering system, Korea Research Institute of Ships and Ocean Engineering (KRISO) has been working on development of basic d...
2017-06-21 07:03:50
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