SHI CEO shows confidence [Photo News]
Nam Joon-Ou, CEO at Samsung Heavy Industries (SHI), demonstrated his confidence in achieving new order goal in 2018 and turning to the black in 2019.  Writing by Jimin Jeong jimin@asiasis.com
2018-01-17 07:09:31
SHI CEO shows strong confidence [General]
Nam Joon-Ou, newly appointed President and CEO of Samsung Heavy Industries (SHI), demonstrated his confidence in achieving new order goal in 2018 and turning to the black in 2019.  During SHI's new year press conference, which was held on...
2018-01-17 07:08:31
MR TK benefits from China's pipeline boom? [Shipbuilding]
As China imports more and more crude oil via pipelines, the outlook for new orders is different by ship type.   According to Park Moo-Hyun, a researcher at Hana Financial Investment, a Pakistan-China oil pipeline project has recently...
2018-01-17 07:07:19
Dae Sun signs for two government ships [Shipbuilding]
Dae Sun Shipbuilding & Engineering announced on January 15 that it signed a deal for two 1,500t fishery patrol ships with Public Procurement Service of Korea. Now the yard has four fishery patrol vessels in its orderbook. Dae Sun, focusing...
2018-01-17 07:06:50
Wärtsilä HYTug features hybrid propulsion [Shipbuilding]
The technology group Wärtsilä has announced on January 11 that it signed a memorandum of understanding (MoU) with Petrocity, the parent company of the new port facility being built in the Brazilian city of São Mateus-ES, to develop a harbour t...
2018-01-16 07:27:19
Maryland grants offshore support [Offshore]
On January 10, the Maryland Energy Administration (MEA) announced awards for both the 2018 Offshore Wind Business and the Offshore Wind Workforce Development grants. The aim of these grants is to prepare Maryland’s businesses and workforce to p...
2018-01-16 07:26:27
New banking facility enables Blyth to grow [Finance]
The Port on January 12 has announced a new £12million banking facility with Lloyds Bank that will enable the next phase in its rapid expansion. Major investments will now be made in relation to terminal infrastructure and the construction of ...
2018-01-16 07:25:32
JBIC pours money on domestic BC [Finance]
The Japan Bank for International Cooperation (JBIC) is providing export credit for a 241,000-dwt ore carrier Imabari Shipbuilding is constructing for Ta Tong Marine, a Taiwanese shipping company. According to foreign media, the financing is jo...
2018-01-16 07:23:40
Russia approves first floating nuclear plant [Offshore]
GlavGosExpertiza, a Russian federal autonomous institution for appraisal of engineering recently announced that it approved the plan for the world’s first floating nuclear power plant. According to foreign media, the institution has approved...
2018-01-16 07:22:58
YZJ sets up ship leasing subsidiary [Finance]
Yangzijiang Shipbuilding (Holdings) Group (YZJ), one of the largest privately-owned shipbuilders in China, sets up a ship leasing & chartering subsidiary in Singapore.  YZJ announced through the Singapore Exchange (SGX) on January 10 ...
2018-01-16 07:18:20
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