Wärtsilä acquires Guidance Marine [Equipment]
The technology group Wärtsilä announced on October 10 that it has acquired Guidance Marine Limited, a privately owned company with offices in the UK, Singapore and the USA. Guidance Marine is recognised as a technology leader in the marine indu...
2017-10-13 06:52:54
LGM unveils plug-in hybrid propulsion system [Equipment]
LGM co., Ltd. announced on October 11 that the Korean electric powertrain manufacturer has developed Plug-in Hybrid Boat (PHEB) propulsion system. Plug-in hybrid technology has already been commercialized in automobile industry, but does not h...
2017-10-13 06:52:22
Sejin to take over IL SEUNG [Equipment]
Sejin Heavy Industries of Korea recently signed takeover contract for 100% of shares in IL SEUNG CO., LTD, a subsidiary of STX Heavy Industries. The transaction will be carried out by Stalking-Horse Bid. In this method, an initial bid is made ...
2017-10-13 06:51:51
Kobe Steel announces robotic welding system [Shipbuilding]
Kobe Steel (KOBELCO), a Japanese steel manufacturer announced on October 4 that it developed an automated robotic welding system for large-scale block assembly. The system consists of SMART TEACHING, a integrated welding software which can aut...
2017-10-13 06:51:09
KOMERI-DNV GL ink manpower training MOU [General]
The Korea Marine Equipment Research Institute (KOMERI) has recently joined hands with DNV GL Business Assurance Korea Ltd. in order to train professional manpower in shipbuilding & offshore industry. The two agreed to make efforts to overc...
2017-10-13 06:48:31
BW acquires financing for FSRU [Offshore]
It appears that BW Group has secured the necessary financing for the construction of its new 170,000cbm LNG FSRU. According to Watson Farley & Williams (WFW), France’s Credit Agricole Corporate and Investment Bank (CACIB) and Germany’s...
2017-10-13 06:47:54
DSME developed LNG fuel tank for large bulkers [Equipment]
Daewoo Shipbuilding & Marine Engineering announced on October 12 that it completed development and design of its own LNG fuel tank, MCTIB, which can be applied to 180,000dwt bulk carriers. The LNG fuel tank is an independent type-B one tha...
2017-10-13 06:46:58
HHI VP warns on empty slot [Shipbuilding]
Kwon Oh-Gap, Vice Chairman of Hyundai Heavy Industries, attended the parliamentary inspection of the administration as a witness on October 12 at Central Government Complex, Sejongno, Jongno-gu, Seoul of Korea, and said, "Hyundai has only eight m...
2017-10-13 06:46:15
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