KRISO nets five engineering deals [Equipment]
The Advanced Technology Engineering Center (ATEC), which is operated by the Korea Research Institute of Ships and Ocean Engineering (KRISO), has recently won new oil & gas contracts in a row. Over the last three years, the ATEC has accumul...
2017-12-11 07:26:25
Korea reveals vehicle technology promotion plan [Shipbuilding]
The Ministry of Science and ICT of Korea released a 10-year road map for the technological innovation of unmanned vehicles on December 7 with the goal of promoting the domestic unmanned vehicle industry including self-driving car, drone and unman...
2017-12-11 07:25:38
Korea to help struggling yards shortly [Shipbuilding]
Regarding a restructuring solution for his compatriot mid-sized struggling shipbuilders such as STX Offshore & Shipbuilding and Sungdong Shipbuilding & Marine Engineering, Kim Dong-Yeon, Deputy Prime Minister and Minister of Strategy and ...
2017-12-11 07:24:39
2017 so far saw 67% yoy growth [Shipbuilding]
Global yards have received orders for 58 units at 1.4m cgt in November, expanding from October’s 41 units, 1m cgt. According to Clarkson Research, China topped the November competition with 910,000cgt (41 units), followed by Italy (310,000cg...
2017-12-11 07:23:58
HHI bags one new VLCC [Shipbuilding]
Hyundai Heavy Industries (HHI) turns out to have won one very large crude carrier (VLCC) from its compatriot logistics company Hyundai Glovis. According to a foreign press, Hyundai Glovis placed an order at HHI for the 310,000 dwt newbuilding ...
2017-12-11 07:22:54
Samkang establishes massive repair yard [Shipbuilding]
“We will lead the recovery of Korean shipbuilding industry by making Samkang S&C, the first and only large repair/conversion yard in Korea, a global player.” Song, Moo-Suk, Chairman and CEO of Samkang M&T and Samkang S&C (Shipbui...
2017-12-11 07:04:18
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