Keppel keeps eyes on LNG supply chain business [Offshore]
Keppel Corporation-affiliated Keppel Offshore & Marine (Keppel O&M), which has barely managed to break even for the second quarter of this year, is turning its attention to the expansion of LNG value chain business. Against a backdrop ...
2017-07-24 07:22:26
Wuhu bags one 61K BC [Shipbuilding]
Wuhu Shipyard, located in Anhui, China, turns out to have won new bulkers from its compatriot bulker operator Zhonghui Shipping. According to a foreign media, the two Chinese companies are said to have recently signed a contract for the constr...
2017-07-24 07:21:20
"Win-win measures urgent for shipping-shipbuilding" [Shipping]
It has been argued that it is imperative to pursue win-win policy through cooperation and linkage between the two industries, shipping and shipbuilding, in order to achieve their taking-off. The Korea Maritime Institute's Maritime Industry and...
2017-07-24 07:20:17
Korean second-hand ships cost two times more than Chinese [Shipbuilding]
In the global sales & purchase (S&P) market for second-hand ship, it turned out that ships built in Korea are priced at twice at maximum, compared to ships built in China. According to industrial sources, one 180,000 dwt bulker built l...
2017-07-24 07:19:02
POSCO hinted thick plate markup in 2H [Equipment]
POSCO, in Q2 conference call on July 20, suggested potential markup.   “The momentum for upcoming markup is forming as 2H expects the iron ore price increase. Last 10 weeks saw a sharp increase in the Chinese market, and hot rolled produ...
2017-07-24 07:18:24
Global newbuilding orderbook is drying up [Shipbuilding]
At the end of June (or beginning of July), 2017, global newbuilding orderbook recorded 185.9m dwt (76.1m cgt, 3,140 units), which is 16% decrease by units and 17% by dwt since the start of this year. The result can be seen as a result of weak NB ...
2017-07-24 07:17:43
"LPG carrier order to resume in Q3" [Shipbuilding]
It has been suggested that the volume of LPG carrier deliveries will sharply decline from 2018, so the new orders for LPG carrier will rise sharply in the second half of this year. Park Moo-Hyun, an analyst at Hana Financial Investment, said, ...
2017-07-24 07:15:36
HHI sets up largest virtual simulation center in industry [Photo News]
Hyndai Heavy Industries has recently held an opening ceremony for 'Hardware-in-the-Loop Simulation (HILS)' at its Ulsan headquarters, Ulsan Metropolitan City, South Gyeongsang Province of Korea. ●Caption 1: Workers at Hyundai Heavy...
2017-07-24 07:14:40
HHI sets up largest virtual simulation center in industry [Shipbuilding]
Hyndai Heavy Industries has recently held an opening ceremony for 'Hardware-in-the-Loop Simulation (HILS)' at its Ulsan headquarters, Ulsan Metropolitan City, South Gyeongsang Province of Korea.   HILS is a technology that is capable of e...
2017-07-24 07:13:57
Number of 'active' yards down by 62% [Shipbuilding]
The number of 'active shipyards (with at least one unit of over 1,000 gt on order)' in the world was 934 in early 2009 when the current shipbuilding cycle was close to the peak. In early July, 2017, however, according to Clarkson Research, the nu...
2017-07-24 07:12:50
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