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Global NB market starts to be picked up
[Shipbuilding]
Shipowners are racing to order future-oriented ships amid stricter global environmental regulations. Allied Shipbroking, a Greek shipbroker noted in its recent report that, "activity looks to be back in the market now, with August showing the ...
2017-09-18 07:06:30
Shipbuilding industry asks steel price reduction
[Equipment]
The Korean shipbuilding industry, which is undergoing restructuring due to a lack of new orders, has officially asked the domestic steel industry to "lower the price of thick plate". Korea Offshore & Shipbuilding Association (KOSHIPA) anno...
2017-09-18 07:06:02
Shipbuilding·Marine Industry Day Celebration postponed, aga
[General]
The celebration ceremony of Shipbuilding·Marine Industry Day, which has been held every September, postponed to December. The ceremony was not held last year too due to the recession clouding the industry. It appears that bleak atmosphere from c...
2017-09-18 07:05:31
Hyundai faces shrinking results
[Shipbuilding]
The worrisome situation for Hyundai triplets continues, with about 30% degrowth of revenues and the total orderbook shrinking by over 10% compared the beginning of the year. Hyundai Heavy Industries (HHI) showed around KRW6.959trn (about...
2017-09-18 07:03:42
POSCO's 'Step Plate' applied to HSHI
[Equipment]
Korea's leading steel maker POSCO has finished developing its new concept thick plate 'Step Plate' and used it to produce ship blocks in Hyundai Samho Heavy Industries. Step Plate has multiple thicknesses in one plate. POSCO has succeed...
2017-09-18 07:03:15
Korean Gov. needs to help 'KC-1' LNGC project
[Shipbuilding]
It turned out that Samsung Heavy Industries asked SK Shipping (orderer) and KOGAS (consignor) to defer deliveries of two 174,000 cbm LNG carriers to which 'KC-1' (Korean LNG cargo containment system) technology is applied last month. Sam...
2017-09-18 07:02:34
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