Damen signs contract for two multi cats [Shipbuilding]
Recently, at the New Orleans Workboat Festival in the United States, Damen Shipyards Group signed a contract with Canada-based Group Ocean for the delivery of two Modular Multi Cats 1205. The vessels, which are made of standard, container sized u...
2018-01-25 07:13:53
Nantong Xiangyu snares one BC [Shipbuilding]
Baoyuan International-affiliated HTM Shipping has placed an order at Nantong Xiangyu Shipbuilding and Offshore Engineering for one new bulker. According to a foreign press, the 64,000 dwt new bulker is slated for delivery in 2020. The details ...
2018-01-25 07:12:41
Tianjin Xingang wins new Ro/Ro ferry [Shipbuilding]
CSIC-affiliated Tianjin Xingang Shipbuilding Heavy Industry turns out to have won one new 33,000 gt ferry from Han Joong Ferry Lines.  According to industrial sources, the two companies signed a contract for the construction of the vessel...
2018-01-25 07:12:03
K Line to assist Indian LNG project [Offshore]
India's H-Energy, a unit of real estate group Hiranandani, has entered into an agreement, with Kawasaki Kisen Kaisha (K Line), whereby the Japanese transportation heavy weight has agreed to make cooperation in setting up LNG import terminal in We...
2018-01-25 07:11:27
Strong TK orders continue in 2018? [Shipbuilding]
It emerged that the global tanker newbuilding contracting reached the third highest level since the 2008 financial crisis in 2017. According to the UK ship broker Gibson, shipbuilders of the world were awarded a total of 213 crude tankers and ...
2018-01-25 07:10:44
Bright 2018 for HMD [Shipbuilding]
Hyundai Mipo Dockyard (HMD) announced on January 22 through a regulatory filing that it won around $2.324 at the end of 2017. This is 154.5% yoy increase, and the company explained in its data that its orderbook reaches $4.26bn in terms of del...
2018-01-25 07:09:28
"Money comes from taxpayers" [Finance]
Sung-soo Eun, the Chairman and President of the Export-Import Bank of Korea (KEXIM) stated on January 24 that the bank will consider public opinion in planning Sungdong Shipbuilding and Marine Engineering’s restructuring strategy. In a media...
2018-01-25 07:08:49
The Catcher in the LNGC field [Shipbuilding]
The global shipbuilding industry becomes tense in expectation of coming big deals with maturing massive LNG projects. If these projects bear FID eventually, they are expected to bring in some massive LNGC order rally after a long interval sinc...
2018-01-25 07:07:56
Shipping industry active in blockchain business [Shipping]
While a trend is developing with global shipping companies in terms of seeing the advantages of blockchain technology, Korea is also focusing on introducing and developing the technology. Last year, in particular, shipping companies in the countr...
2018-01-25 07:07:15
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