Korean 'Big3' expected to see 'recession surp... [General]
Korean 'Big3' shipbuilders are all expected to make operating profit for the third quarter of this year based on their efforts for strong restructuring and cost cuts. Compared with other years, however, it seems that they will see a notable downt...
2017-10-11 06:53:30
Korean ship·steel exports in positive trend [General]
Korean exports amounted to $55.13bn in September of 2017, up by 35.0% from the same month last year. Also, imports rose by 21.7% year-on-year to $41.38bn, with the trade surplus recording a surplus of $13.75bn for the 68th consecutive month. M...
2017-10-11 06:52:40
Indonesia woos Taiwanese shipbuilding industry [General]
Indonesian government called on Taiwanese shipbuilding industry for cooperation to cultivate domestic maritime industry. In an interview, Edy Putra Irawady, a deputy minister of Coordinating Ministry for Economic Affairs of Indonesia, said t...
2017-10-11 06:48:21
MAN offers discounts for LNG retrofits [Equipment]
MAN pledged discounts for 10 LNG retrofits in ‘Our Ocean 2017 Conference’.   Malta set the scene for the invitation-only ‘Our Ocean 2017 Conference’ this past October 5th and 6th that brought together statesmen, government minist...
2017-10-10 15:08:20
BP strengthens LNG shipping capacity [Shipping]
Oil major BP announced on October 4 that it is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around...
2017-10-10 15:02:26
BV joins the RECOMMS drones project [General]
Bureau Veritas announced on October 3 that it has joined RECOMMS (Remote Evaluation of Coatings / Corrosion on Offshore Machinery and Marine Structures / Ships), a joint investment project (JIP), to develop drones with the capability to inspect s...
2017-10-10 14:58:01
WinGD-Enamor develop data collection and monitoring platform [Equipment]
Winterthur Gas & Diesel (WinGD) announced on October 2 that it has added a further building block in its strategy to lead the engine industry in accessing the full benefits of digitalisation for the operation and management of its low-speed d...
2017-10-10 14:54:09
HMD receives AiP for LNG cargo handling system design [Equipment]
Hyundai Mipo Dockyard (HMD) has recently received approval in principle (AiP) from Lloyd’s Register (LR) for a cargo handling system design for a 6,600 m³ LNG bunkering vessel.  HMD and the Hyundai Heavy Industries (HHI) Corporate Rese...
2017-10-10 06:55:57
Keppel secures major FPSO conversion project [Offshore]
Keppel Corporation announced on October 5 that Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a Floating Production Storage and Offloading vessel (FPSO) conversion co...
2017-10-10 06:54:22
Enova to support the building of Yara Birkeland [Shipbuilding]
The Norwegian government enterprise Enova announced on September 28 that it has decided to grant NOK 133.6 million to Yara to build the world's first electric and autonomous container ship. "For the private sector, it is essential to have the ...
2017-10-10 06:52:22
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