Korean Big3's offshore plant deliveries improved [Offshore]
On the strength of the improvement of global oil majors' performances in the second quarter, along with a rally in the operation rate of offshore drilling facilities, there are hopes that Korean shipbuilders can be released from the curse of 'off...
2017-08-16 07:19:49
Offshore plant localization seminar [Offshore]
Busan Metropolitan City of Korea will host a 'Strategic Seminar for Localization of Offshore Plants'. The city announced on August 14 that it will hold a briefing session on localization of offshore plants for over 100 people from offshore pla...
2017-08-16 07:18:08
Mednav denies order for two MRs at CSSC [Shipbuilding]
Mednav, an Italian shipping company recently denied that it ordered two MR tankers at China State Shipbuilding Corporation (CSSC).   According to foreign media and industry, the company announced that it never ordered two MR tankers at CSS...
2017-08-16 07:17:29
Tanker demolition exceeds last year's [Shipbuilding]
Demolition volume of tankers is already past 2016 level.  According to the UK ship broker Alibra Shipping, 24% of the tankers weighed in this year have been sold by Greek owners, a sharp rise from their 10% contribution in 2016. The ...
2017-08-16 07:16:48
Rally in FID on offshore energy projects [Offshore]
Final investment decisions (FIDs) on the world's offshore energy development projects have been somewhat actively made this year. However, it is expected that the upturn will not last long.    According to Clarkson Research, the numb...
2017-08-16 07:15:40
DSME turns to the black in 1H [Finance]
Daewoo Shipbuilding & Marine Engineering announced on August 14 that the Korean shipbuilding giant has posted profits for the second successive quarter.   In the first half of 2017, Daewoo racked up revenue of KRW 6.1881trn (around $5...
2017-08-16 07:13:07
Dae Sun scores feeder boxship series [Shipbuilding]
Dae Sun Shipbuilding & Engineering of Korea has won an order to build a total of six 1,011 teu containerships from Hong Kong-listed STIC.   SITC International Holdings said in a regulatory filing on August 14 that it ordered 1,011 teu ...
2017-08-16 07:12:15
Japan soars 227% in July export ship deal [Shipbuilding]
In July, Japanese shipbuilders soared with a three-figure yoy increase in ship export deals. This is the 7th consecutive month that they have achieved a better result than the same time period last year.   According to recent statistics fr...
2017-08-16 07:11:07
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