KOMERI expands KOLAS approval [Equipment]
The Korea Marine Equipment Research Institute (KOMERI) recently approved by The Korea Laboratory Accreditation Scheme (KOLAS) to expand its coverage for regular maintenance and certifications. KOMERI has been making a strenuous effort to overc...
2018-02-23 07:07:09
Samkang to provide HHI with blocks [Shipbuilding]
Samkang M&T announced on February 22 that the Korean company signed a contract worth about KRW 11.087bn (around $10.23m) with Hyundai Heavy Industries (HHI) for supplying blocks. The value of the deal amounts to 6.41% of the firm's 2016 sa...
2018-02-23 07:06:42
Orderbook/Fleet ratio dives to 20 year low [Shipbuilding]
It turns out that the global newbuilding orderbook to existing fleet ratio has reached its lowest point in 20 years. Crucial Perspectives reported that the current global fleet stands at around 95,000 ships with about 3,500 units in orderbook,...
2018-02-23 07:06:23
HHI wins LPG bullet tanks from Nigeria [General]
Hyundai Heavy Industries (HHI) announced on February 22 that the Korean conglomerate signed a deal worth $58m in total with Dangote Oil Refining Company (DORC) of Nigeria for supplying 15 large-sized LPG bullet tanks. Each of the tanks, which ...
2018-02-23 07:06:04
Japan’s January: all bulkers [Shipbuilding]
Japanese shipbuilding industry recorded eight units, 460,000gt (180,000cgt) of order intake in January 2018. In terms of units, the order intake returned to single-digit number in eight months since last year’s May, while it is still yoy 176% i...
2018-02-23 07:05:34
HMD took four feeders from KMTC [Shipbuilding]
Korea Marine Transport Co (KMTC) has ordered four 1,800-teu feeder boxships at Hyundai Mipo Dockyard for delivery in 2019, it is said according to a foreign media. KMTC has sold its last bulker unit in last April to focus on container business...
2018-02-23 07:05:05
Korea-Russia discuss energy cooperation [General]
The Ministry of Trade, Industry and Energy (MOTIE) of Korea has recently announced that its 15th meeting with the Ministry of Energy of the Russian Federation for cooperation in the field of energy took place on February 21 at Lotte Hotel, Sogong...
2018-02-23 07:04:44
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