“New orders are still needed for DSME” [Finance]
Management normalization committee at Daewoo Shipbuilding & Marine Engineering (DSME) mentioned that even with a huge improvement in H1 performance, it is still hard to be optimistic for early normalization.   The committee held the th...
2017-08-21 07:13:03
KMOU-MAN D&T sign MOU for cooperation [Equipment]
Korea Maritime and Ocean University (KMOU) and MAN Diesel & Turbo Korea held a ceremony for agreement of industry-university collaboration and donation of education program ticket on August 16.   At the ceremony presented high official...
2017-08-21 07:11:57
CMA CGM books LNG-fueled ULCs at China [Shipbuilding]
CMA CGM of France signed a letter of intent (LOI) with two Chinese shipyards for up to nine (6+3) 22,000 teu ultra large containerships (ULCs). As it is said that the vessels will be built either with dual-fuel propulsion or be ready to convert t...
2017-08-21 07:09:55
"Price was crucial in China's ULC deal" [Shipbuilding]
While Chinese shipyards are winning LNG-fueled ultra large containerships (ULCs), a Korean industry expert has recently analyzed that the effect will be limited from a fundamental (base investment condition) aspect even though desire for investme...
2017-08-21 07:08:57
HHI plans to issue private placement bonds [Finance]
Hyundai Heavy Industries (HHI) is planning its second issue of corporate bond in this year.   According to finance market sources, HHI is currently in talks with investors to issue KRW100-200bn corporate bonds.   The bonds are expec...
2017-08-21 07:07:47
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