KRISO-KOC to commercialize UUV [General]
Korea Research Institute of Ships and Ocean Engineering (KRISO) announced on September 20 that KRISO and KOC, an offshore development company, are signing MOU on 21 to discuss the commercialization of HEMIRE, a Deep-sea Unmanned Underwater Vehicl...
2017-09-25 06:36:41
Korea's EK enhances pipe module business [Equipment]
With bolstering its energy plant pipe module business as a stepping stone, EK Heavy industries announced on September 20 that the Korean special ship provider aims to go public on the KOSDAQ for the first half of 2018. Mirae Asset Daewoo has alre...
2017-09-25 06:35:46
CMA CGM, mulling over ULCS fuel [Shipbuilding]
French liner CMA CGM is mulling over the propulsion system of nine 22,000teu ULCSs it ordered on September 19 (local time) at China State Shipbuilding Corporation (CSSC).   According to TradeWinds, CMA CGM required more time to the builder...
2017-09-25 06:34:39
Steady NB deliveries slowed in Aug [Shipbuilding]
While a total of global shipyard output from January to August, 2017, stands at 1,100 vessels of a combined 74.5m dwt (24.60m cgt), 63 units of 4.1m dwt were delivered in August, showing a slowdown compared to 105 units of 8.2m dwt delivered in J...
2017-09-25 06:33:23
HHI wins 10+5 Gas-ready VLOCs [Shipbuilding]
Hyundai Heavy Industries is said to have signed a contract with Polaris Shipping for the construction of up to 15 325,000 dwt very large ore carriers (VLOCs).  According to industrial sources and TradeWinds, Polaris Shipping placed the or...
2017-09-25 06:32:22
DECATECH succeeds localization of offshore equipment [Equipment]
In the effort to localize the offshore plant equipments of the Korean government and Big 3 shipyards, localization rate of the offshore plant equipment has been at a standstill for the past five years. However, a company succeeded in localization...
2017-09-25 06:31:37
SHI dropped to 5th place in orderbook ranking [Market Information]
Italian shipbuilding giant Fincantieri has recently gained the fourth place in global orderbook ranking, dragging Samsung Heavy Industries.   According to Clarkson Research, top 10 global shipyard groups in orderbook at the end of last Augus...
2017-09-22 17:11:20
China reduced yoy drop through August [Market Information]
Chinese shipyards have reduced yoy drop in order intake from January through August, recording 11.3% yoy decrease at 15.85m dwt. Jan-Jul yoy drop was 25.1%. According to the China Association of the National Shipbuilding Industry (CANSI), Chin...
2017-09-22 17:09:31
Korea dominates 41% of new orders in Jan-Aug [Market Information]
      The global shipbuilding industry’s new orders signed from January to August this year amounted to 489 units, or 35.3m dwt (12.7m cgt), up 69% year-on-year in terms of dwt. According to Clarkson Research’s monthly re...
2017-09-22 17:08:44
About 100 Kamsarmax BCs ordered this year [Market Information]
      As Tsuneishi Shipbuilding is reported to win 14 Kamsarmax bulkers recently, it turned out that the number of such vessels which have been ordered throughout the world so far this year is close to 100.   Including the ...
2017-09-22 17:07:47
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