MacGregor celebrates opening of its Head office in Singapore [General]
MacGregor, part of Cargotec, announced plans in September to establish its Head office in Singapore and ending a period of more than three years of having operated with a virtual head office. To celebrate the opening of the Singapore head offi...
2017-11-15 07:15:21
GONDAN signed contract for Hybrid Icebreaker Tug [Shipbuilding]
GONDAN announced on November 8 a new contract with Port of Luleå (Sweden) for a new hybrid-powered icebreaking escort tug designed by Robert Allan Ltd has just been signed. The shipyard was selected as the result of a rigourous international com...
2017-11-15 07:14:53
Damen won three waterbus 2407 fast ferries [Shipbuilding]
Damen Shipyards Group announced on November 8 that the company and Belgian ferry operator Aqualiner signed a contract for the delivery of three additional Damen Waterbus 2407 vessels, for operations on the Scheldt in Antwerp at the Europort 2017 ...
2017-11-15 07:14:32
China launches world's first all-electric ship [Shipbuilding]
China recently has launched the world's first 2,000-ton all-electric ship. On November 12, according to local presses and industrial sources in the country, China's state-owned CSSC Offshore & Marine Engineering (Group) Company (COMEC) hel...
2017-11-15 07:13:18
Netherlands studying 'floating city' [Offshore]
The Maritime Research Institute Netherlands (MARIN) has taken its first step towards the development of  'the city on the water'. According to industrial sources, the MARIN has recently invited potential investors and conducted a concept ...
2017-11-15 07:12:58
Hyosung Info supplies storage to DSME [General]
Hyosung Information Systems (HIS) announced on November 13 that the Korean IT-specialized company supplied its high-end storage solution 'Hitachi VSP G1500' to Daewoo Shipbuilding & Marine Engineering (DSME). Hitachi VSP G1500 is the high-...
2017-11-15 07:12:36
"40 Chinese yards will shut down“ [Shipbuilding]
Ren Yuanlin, the President of Yangzijiang Shipbuilding (Holdings) Group (YZJ) has surprised market as he said up to 40 Chinese yards will shut down in coming 3-5 years. In an interview, he mentioned that while 60 yards are in operation in Chin...
2017-11-15 07:12:16
"Korean yards expected to see NB order rising" [Shipbuilding]
Korean shipbuilders are expected to face a recovery in their order intakes in 2018 even though it is inevitable to see a decrease in revenue in the aftermath of last year's historic order drought. The Korea Economic Research Institute (KERI) h...
2017-11-15 07:11:51
"Emergency call from STX for RG" [Finance]
Changwon Chamber of Commerce & Industry announced on 13 that it urgently proposed Refund Guarantee (RG) issuance to the government and Korea Development Bank (KDB) for STX Offshore & Shipbuilding. The Chamber stated that “immediate p...
2017-11-14 16:18:45
HHI Group appoints top executives [People]
Hyundai Heavy Industries (HHI) Group announced on 14 changes in its top executives. With the change, Chairman Choi Kil-Sun is now appointed as Advisor, while Kwon Oh-Gap, Vice-chairman, resigns from the Presidency. Now Kang Hwan-Goo will lead ...
2017-11-14 15:39:19
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