Gyeongnam Council exercised field survey [General]
‘The special committee on shipbuilding industry crisis’ in the Gyeongsangnam-do Provincial Council recently exercised a field survey to study for a revival of the industry in the region. The committee conducted the field survey on Septembe...
2017-09-29 06:42:53
K-Line KHI to cooperate for optimal navigation [Equipment]
Japanese shipping giant K-Line announced on 26 that it will apply a navigation support system, which advises the most fuel-efficient route, to its fleet. It said that it will gradually install ‘Optimum Navigation System’ developed by Kawas...
2017-09-29 06:41:45
“Yards are not dead but asleep“ [Shipbuilding]
Executive Vice President of ABS warned that the global excessive shipbuilding capacity can return anytime if newbuilding rush is ignited again. Kirsi Tikka said at the TradeWinds Shipowners Forum in Singapore that “I am afraid the capacity i...
2017-09-29 06:40:32
Rumor again on merger between CSIC & CSSC [Shipbuilding]
Rumor again on merger between CSIC & CSSC  A rumor is circulating again that China's two prominent state-run shipyard groups China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC) will merge.&nb...
2017-09-29 06:38:44
STX France finally settled down [Shipbuilding]
The dramatic dispute between Paris and Rome about STX France is finally settled. The government of France announced on September 27 (local time) that Italian shipbuilder Fincantieri will take control of STX France. According to this agree...
2017-09-29 06:37:06
"HMD's 3Q results likely to exceed consensus" [Shipbuilding]
Hyundai Mipo Dockyard has reportedly won more product carriers (PCs) for the first eight months this year than their total PC order intakes in 2016 and is also expected to post more revenue and operating profit for the third quarter of 2017 than ...
2017-09-28 16:03:16
Unique experience of Chuseok culture [Photo News]
Hyundai Foreign School, the only international school in Ulsan, is holding ‘Chuseok Holiday Events’ throughout the week of September 25 for its about 70 students from around 20 countries. ■Images: Chuseok Holiday Events at Hyundai Fore...
2017-09-28 13:58:25
Unique experience of Chuseok culture [General]
Foreign students of an international school in Korea are having unique experience in Chuseok, or, Korean Thanksgiving Day. Hyundai Foreign School, the only international school in Ulsan, is holding ‘Chuseok Holiday Events’ throughout the w...
2017-09-28 13:51:52
Cosco Shipping Holdings benefits from $78m state subsidy [Shipbuilding]
Cosco Shipping Holdings announced on September 26 that it has benefited from a government subsidy in the amount of RMB510m ($78.3m) under a scrap-and-build policy. The board of directors and all directors of the Company warrant that this annou...
2017-09-28 06:41:52
Inmarsat launches new Pacific North West Pricing Plan for Fl... [General]
Inmarsat Maritime announced on September 26 that it has launched a new fishing pricing plan for the Pacific North West which will make it easier and more economical for regional Fleet One users to get live weather updates, track and trace fish, a...
2017-09-28 06:36:07
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