Maersk redevelops Tyra field [Offshore]
Maersk Oil announced on December 1 that it approved the investment on the redevelopment project of Tyra field, Denmark’s largest gas field. Danish Underground Consortium (DUC), which is comprised of Moller-Maersk (31.2% of interests), Royal ...
2017-12-07 07:18:11
"Support for feasibility study bears sweet fruits" [Offshore]
Ministry of Oceans and Fisheries (MOF) of Korea recently announced that through its 'feasibility study support program for offshore contracts (2015-2017),' Korean industry has netted a total of KRW15.6bn of new jobs. MOF has supported domestic...
2017-12-07 07:17:44
Industry players to give opinions regarding safety [General]
A civilian expert-oriented committee of inquiry, which was established last November with the goal of investigating serious disasters in Korean shipbuilding industry, will hold a public hearing on December 8 in order to come up with countermeasur...
2017-12-07 07:17:25
Timetec reveals new 3D CAD system [Shipbuilding]
Timetec, a Korean computer-aided design (CAD) system developer for shipbuilding industry, had unveiling event of a commercialized version of its 3D CAD 'TTM ISD' on November 30, at Westin Chosun Busan, Busan Metropolitan City, Korea.   ...
2017-12-07 07:16:27
"Korea will raise ship price tag" [Shipbuilding]
An industry expert predicted that 2018 will see continuing strong market presence of Hyundai Mipo Dockyard (HMD) MR tankers and rising price of Korean vessels resulting from strong KRW and high steel price. HMD announced on November 30 through...
2017-12-07 07:15:57
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