Maersk, "No new orders for a while" [Shipping]
Denmark's A.P. Moller-Maersk expects to conclude the acquisition of German containership operator Hamburg Sud for the rest of this year, pointing out again that it has no plan to order new ships any time soon.  During the company's 3Q ear...
2017-11-10 07:13:36
DSME's FPSO order reassessed [Offshore]
While there is a high chance for Daewoo Shipbuilding & Marine Engineering to win a contract war for Statoil’s Johan Castberg field development in the Barents Sea, the Norwegian energy giant is said to have re-examined the Korean mammoth shi...
2017-11-10 07:13:12
Qingshan moves to port business sector [General]
Qingshan Shipyard, a Sinotrans & CSC affiliate shipyard based in Wuhan, is to change its business into port field.  According to industrial source and foreign press, the company has attained an approval from the Wuhan Por Authority fo...
2017-11-10 07:12:53
SHI takes rotational leave [Shipbuilding]
Samsung Heavy Industries (SHI), with some of its docks suspended, introduces rotational leave for workers in Geoje yard. The company stated that 480 employees at Geoje yard have taken leave since last November 11. SHI also announced that aroun...
2017-11-10 07:12:12
"2018, the first year of turnaround“ [General]
A report predicted that 2018 will be the turnaround year for the shipbuilding industry, which has been struck by a historic long recession. Through a report ‘Outlook for 2018 industries,’ Hyundai Research Institute (HRI) stated that “2...
2017-11-10 07:11:44
GAS Entec's FLP design approved by DNV GL [Photo News]
GAS Entec, a Korea-based engineering and design firm dedicated to small and mid-scale LNG applications, finished developing its basic design of floatable legged platform (FLP) at the end of October before acquiring approval in principle (AIP) fro...
2017-11-10 07:10:41
GAS Entec's FLP design approved by DNV GL [Equipment]
GAS Entec, a Korea-based engineering and design firm dedicated to small and mid-scale LNG applications, finished developing its basic design of floatable legged platform (FLP) at the end of October before acquiring approval in principle (AIP) fro...
2017-11-10 07:08:59
Korea-Indonesia join hands in shipbuilding [General]
Korea and Indonesia have signed six memorandums of understanding (MOUs) and three agreements related to cooperation in shipbuilding·energy sector and setting up international halal hub. During Korean President Moon Jae-In's visit in Indonesia...
2017-11-10 07:07:39
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