Korea plans change in abandoned yard [General]
South Gyeongsang Province of Korea announced on October 25 that it plans to turn abandoned local shipyards into international tourist attractions. Han Kyung-Ho, the acting Governor of Gyeongsang South Province, disclosed the plan on the day af...
2017-10-30 07:08:06
Largest Greek shipyard files for bankruptcy [Shipbuilding]
The Greek government has recently announced the bankruptcy of the largest shipyard in the country Hellenic Shipyards. The insolvency process is in accordance with revised Greek bankruptcy rule, so that selling assets and collecting shares are lik...
2017-10-30 07:07:41
CSL takes over Hooghly Dock [Shipbuilding]
Cochin Shipyard Limited (CSL), the largest shipbuilder in India recently acquired government approval for the take over of Hooghly Dock & Port Engineers. Industry sees that the company will soon start to upgrade and modernize facilities at...
2017-10-30 07:07:17
Exmar in talks with Iran for Caribbean FLNG [Offshore]
Exmar of Belgium has been in talks in Iran on chartering floating liquefied natural gas (FLNG) facility. According to several foreign presses including Reuters, Exmar has been in negotiation with National Iranian Oil Company (NIOC) and its Nor...
2017-10-30 07:06:47
POSCO pleased to negotiation results [General]
Korean steel giant POSCO, at its conference call for Q3 2017 results on 26 stated that “With auto industry, we managed to keep 1H’s raised price. Shipbuilding industry largely accepted our recent markup even with their own difficulties, as th...
2017-10-30 07:05:51
Hyundai Steel raises thick plate price [General]
Hyundai Steel enjoyed record-breaking quarterly revenue with production and sales increase by favorable construction market and markup strategy. Hyundai Steel announced on 27 that its consolidated basis Q3 result reaches KRW4.8202trn (around $...
2017-10-30 07:05:28
PANASIA scrubber acquires ABS approval [Equipment]
PANASIA marked another milestone in Korean equipment industry. PaSOx Smart V2.0, its De-SOx System acquired approval in principle (AIP) from ABS for the first time as a Korean company. The AIP covers the whole aspects of PaSOx Smart V2.0, i...
2017-10-30 07:04:57
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