Hyundai Robotics holds launching ceremony [General]
Hyundai Robotics, separated from Hyundai Heavy Industries In April, declared a leap forward as a global leader in robotics. Hyundai Robotics has held a launching ceremony at the headquarters of Daegu on August 31 with more than 100 people atte...
2017-09-01 07:12:26
KIMM developed Tier III SCR [Equipment]
Korea Institute of Machinery and Materials (KIMM), a public research institute under the Ministry of Science and ICT (MSIT) of Korea, recently announced its successful development of SCR system fully satisfying Tier III requirements in both land ...
2017-09-01 07:11:16
STX resumes operation partially [Shipbuilding]
STX Offshore & Shipbuilding (STX O&S), which have been fully suspended since August 20’s fatal explosion, partially resumed operation.   STX announced that it resumed its operation on August 30 as Ministry of Employment and Labor...
2017-09-01 07:10:35
Moon, “build MOF-MOTIE cooperative system” [Shipping]
President Moon Jae-in ordered Ministry of Oceans and Fisheries (MOF) and Ministry of Trade, Industry and Energy (MOTIE) to build cooperative system to support a mutual growth of shipbuilding and shipping industry.   The president of South ...
2017-09-01 07:09:58
"Global NB order prospect receives green light" [Shipbuilding]
While the global shipowners are actively tending to place new orders, in a reverse of the trend set over the course of 2016, it is expected that the world's new ship sales market will pick up in the next few weeks.  Allied Shipbroking, a ...
2017-09-01 07:07:26
HMM orders VLCC quintet from DSME [Shipbuilding]
Hyundai Merchant Marine has decided to invest in the construction of very large crude carrier (VLCC) at Daewoo Shipbuilding & Marine Engineering.  The Korean shipping company had a board meeting on August 31, conveying, "Raising inves...
2017-09-01 07:06:02
SHI clinches deal to build additional tanker [Shipbuilding]
Russian state-run shipping company SCF Group (Sovcomflot) turns out to have recently placed an order at Samsung Heavy Industries for one new shuttle tanker that will be used at Novy Port, one of the largest oil and gas condensate deposits on the ...
2017-09-01 07:04:56
"Concern over mega boxship is overplayed" [Shipping]
With the mounting concern over a glut of tonnage, against a backdrop of the recently mega containership orders placed by CMA CGM and MSC, French shipping consultant Alphaliner has recently presented an optimistic view.  According to Alp...
2017-09-01 07:04:07
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