CMES receives ship demolition subsidy [Finance]
China Merchants Energy Shipping (CMES) has recently received ship demolition subsidies of CNY 101m (approximately $15.24m) from the Chinese government. The company explained that it will spend the subsidies for recycling multiple ships, expect...
2017-10-12 06:48:29
Korea dominated September arena [Shipbuilding]
Korean shipbuilding industry showed resilience, defending the first place of the global monthly newbuilding order in September. According to Clarkson Research, Korea ranked first in monthly orders with 1.46m cgt (26 units) in September. Chin...
2017-10-12 06:47:33
"35,000 Korean yard workers unemployed" [General]
Against a backdrop of strong restructuring process, only for the first half of 2017, it turned out that 35,000 workers lost their jobs in Korean shipbuilding·offshore industry.   The Korea Offshore & Shipbuilding Association (...
2017-10-12 06:46:27
Emerson Korea to join Kormarine 2017 [Equipment]
Emerson Korea has recently announced that the company will introduce its various products and automation solutions related to offshore plant sector through 'Kormarine 2017', which will be held at BEXCO, Busan Metropolitan City of Korea, from Oc...
2017-10-12 06:45:34
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