IRClass announces the launch CEMS [General]
Indian Register of Shipping (IRClass), a leading classification society, has recently announced the formation of a special purpose vehicle – ‘Centre of Excellence in Maritime and Shipbuilding’ (CEMS) in association with Ministry of Shipping...
2017-11-24 07:38:28
"Global rules needed for fair competition" [Shipbuilding]
26th JECKU Top Executive Meeting was held in San Diego on November 16, gathering 75 top executives from shipbuilders of Japan, Europe, China, Korea, and the US. This year, 26 executives from Japan, 18 from Korea, 17 from China, eight from Euro...
2017-11-24 07:36:21
Business agreement signed for mutual growth [Shipping]
Korea Shipowners’ Association (KSA), with The Korea Shipowners' Mutual Protection and Indemnity Association (KP&I) and Korean Register of Shipping (KR), signed “Business agreement for mutual growth in shipping-related industry” on Novem...
2017-11-24 07:35:52
Thick plate goes up in second half [Shipbuilding]
Three thick plate manufacturers (POSCO, Hyundai Steel, Dongkuk Steel Mill) and the Big Three (HHI, DSME, SHI) have agreed to raise thick plate price in the second half. This negotiation is finally settled a month after POSCO announced on Octob...
2017-11-24 07:35:09
'KT-HHI to build smart yard’ [Shipbuilding]
KT and Hyundai Heavy Industries (HHI) announced on November 21 that they signed MOU for ‘NB-IoT service for enterprise’ on November 20. The MOU aims to develop ‘smart shipyard,’ by utilizing enterprise level NB-IoT (Narrow Band – Int...
2017-11-24 07:34:44
STX states purpose of RG and letter of commitment [General]
At a recent news report saying ‘liquidation is more valuable and RG would be issued for cash collateral,’ STX employees seem to have shown a lot of concerns. To respond such concerns, STX Offshore & Shipbuilding, though its internal newsl...
2017-11-24 07:34:18
Siemens delivers green solutions in the shipbuilding industr [Shipbuilding]
Scandinavia is the first region in the world to rely increasingly on battery-powered and thus environmentally-friendly technologies in the shipbuilding industry. After "Ampere", the world's first electrical ferry in Norway, and a follow-up order ...
2017-11-23 07:51:52
ABB looks beyond human vision for ship automation [Equipment]
ABB announced on November 21 that it has unveiled a new situational awareness solution that will make vessel operations safer and more efficient. The solution can be used by officers anywhere onboard a ship and marks the next step towards remotel...
2017-11-23 07:50:02
McDermott awarded next phase of Safaniya EPCI [Offshore]
Award marks McDermott’s fifth contract to date for the Safaniya field, a testament to McDermott’s operational expertise in offshore Saudi Arabia McDermott to provide full suite of EPCI services for 9 slipover jackets, 10 production deck modu...
2017-11-23 07:49:28
Langh Tech delivers high tech to container vessels [Equipment]
Langh Tech delivers hybrid exhaust gas scrubbers and EGR water treatment systems to 2,150 TEU container vessels on order at Guangzhou Wenchong Shipyard. Three container vessels on order for shipping companies Eimskip Island ehf and Royal Arcti...
2017-11-23 07:48:05
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