Triyards went into trading suspension [Finance]
Triyards Holdings has converted its trading halt into a trading suspension with immediate effect, after being slapped by demand letters from two lenders. Triyards is the yard-operating unit of offshore marine giant Ezra Holdings, which filed f...
2017-09-11 07:12:12
Hanjin workers in Subic ready to go on strike [General]
The workers at Hanjin Heavy Industries and Construction Philippines’ (HHIC-Phil’s) Subic Shipyard are currently pursuing the official establishment of a labor union, which would bring Collective Bargaining Agreement possible. According to ...
2017-09-11 07:11:05
Busan-Las Palmas collaborates in marine industry [Equipment]
Busan of Korea and Las Palmas of Spain agreed to collaborate in marine equipment and offshore facility business. The Busan Metropolitan City announced that it signed ‘LOI for exchange and cooperation’ on September 7 in presence of Seo Byun...
2017-09-11 07:09:55
"BWTS manufacturers need more patience" [Equipment]
Even though the International Maritime Organization's (IMO's) ballast water management convention (BWMC) entered into force on September 8, some ballast water treatment system (BWTS) manufacturers seem to have exited the sector after a fierce com...
2017-09-11 07:08:07
Korea-Russia cite collaborations on shipbuilding [Shipbuilding]
President Moon Jae-in gave his key-note address at the Eastern Economic Forum (EEF) which was held at Far Eastern Federal University (FEFU), Vladivostok of Russia, on September 7, saying, "The cooperation on shipbuilding and offshore industry is ...
2017-09-11 07:06:56
Bahri's 40th VLCC delivered [Shipbuilding]
The National Shipping Company of Saudi Arabia (Bahri) announced on September 8 that it received new 300,000 dwt very large crude carrier (VLCC) 'Rimthan' from Hyundai Samho Heavy Industries. The new ship is Bahri's 40th VLCCs and the company h...
2017-09-11 07:05:27
UK government to slash shipping emissions to zero [Shipping]
The UK Government commits to help fund innovative technologies and fuels to reduce maritime emissions, and help create a zero-emissions sector. The government, in partnership with industry, has committed to spending over £6 million on funding...
2017-09-11 07:03:41
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