Dongbu Lightec enters ship LED lighting business [Equipment]
Dongbu Lightec (CEO Lee Jae-Hyung) has entered into LED lighting business for ships and ports.   The LED lighting manufacturer in Korea announced on September 11 that it signed a Memorandum of Understanding (MOU) with Kukdong Elecom, a lea...
2017-09-14 07:28:31
NFS released forensic result for STX blast [General]
Korea Coast Guard (KCG), which is investigating the fatal explosion at STX Offshore & Shipbuilding (STX O&S), announced on September 12 that National Forensic Service (NFS) informed the forensic result on the explosion.   NFS’ An...
2017-09-14 07:26:57
Is there any hope for Qingdao Yangfan? [Finance]
Qingdao Yangfan Shipbuilding of Yangfan Group, which has entered bankruptcy and restructuring procedure last year, is facing strike of workers.   On last September 11, about 300 workers demonstrated against Beijing Jianlong Heavy Industry ...
2017-09-14 07:25:23
Toyota to order 20 LNG-fueled car carriers [Shipbuilding]
Japanese shipbuilding industry is aiming to improve the added value of ship product and increase new order intakes on the strength of its technological competitiveness in eco-friendly LNG-fueled ship market.  According to the Korea Trade-...
2017-09-14 07:23:38
HHI's propeller won top prize in DfAM competition [Equipment]
Hyundai Heavy Industries' 'light ship propeller with honeycomb grating structure' has been selected as a grand prize winner in 'the 1st competition for design for additive manufacturing (DfAM)' hosted by Ulsan Metropolitan City of Korea. &nb...
2017-09-14 07:20:43
Trafigura builds Pakistan LNG terminal [Offshore]
Trafigura, a global oil trader recently revealed to media that it plans to build a further LNG import terminal in Pakistan. The move seems to be aligned with its strategy to enter infrastructure market in response to increasing gas demand of emer...
2017-09-14 07:17:57
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