DSME to sell DSSW [Finance]
Daewoo Shipbuilding & Marine Engineering (DSME) is set to dispose of its subsidiary, Samwoo Heavy Industry (DSSW).   According to investment bank industry, DSME recently chose Samjong KPMG as the underwriter to proceed the disposal. DS...
2017-09-26 07:09:20
KOMEA to hold Global Marine Business Plaza in China [Equipment]
The Korea Marine Equipment Association (KOMEA) Shanghai branch is jointly holding 2017 Global Marine Business Plaza in China from September 26 through 27 with Korea Industrial Complex Corporation (KICOX) and Korea Maritime and Ocean University (K...
2017-09-26 07:08:33
HHI shipyards all ask employees to take leave [General]
Hyundai Heavy Industries Group's three affiliated shipyards have all asked their employees to take leave of absence to cope with a drop in workloads. According to corporate sources, management and labor union of Hyundai Mipo Dockyard reached a...
2017-09-26 07:07:48
Russia to put new funding for LNG-fuelled ship [Shipbuilding]
Russia has announced new funding to encourage the use of liquefied natural gas (LNG) bunkers by seagoing and inland vessels. The Russian government is aiming to reduce transportation costs by 15% between 2018 and 2022, rationalize the use of e...
2017-09-26 07:06:59
Korea aiming for Largest LNG fueled bulker [Shipbuilding]
The Korean government, public enterprises, private companies, research and financial institutes united to build the largest LNG fueled bulker.   Ministry of Oceans and Fisheries (MOF) and Ministry of Trade, Industry and Energy (MOTIE) of K...
2017-09-26 07:05:13
"LNG-fueled ship infrastructure needs to be expanded" [General]
The Korea Research Institute of Ships and Ocean Engineering (KRISO) has recently introduced its compatriot government's plan to foster LNG-fueled ship industry, as well as a mid-and long-term LNG bunkering development program.   In '...
2017-09-26 07:04:05
MARINE WEEK 2017 kicks off in Busan [General]
The MARINE WEEK 2017, a special exhibition on shipbuilding and offshore sector, will be held in BEXCO, Haeundae, Busan, from October 24 to 27. MARINE WEEK, which held every two years since 2001, is composed of three exhibitions: KORMARINE, SEA...
2017-09-26 07:03:00
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