SPP going two track [Shipbuilding]
The Creditors of SPP shipbuilding is pursuing a two-track strategy, aiming asset disposal and M&A at the same time. It is because while Samil PwC, the consulting company specified M&A as the most optimized method, the arrangement of refun...
2018-03-08 07:34:39
SHI names 'KC-1' LNGC [Shipbuilding]
Korea Gas Corporation (KOGAS) announced on March 6 that there was a naming ceremony on the day at Geoje shipyard of Samsung Heavy Industries (SHI) for 174,000 cbm LNG carrier 'SK Spica'.  The 27th Korean-flagged LNG carrier is the last un...
2018-03-08 07:34:07
Korea topped NB orders in Feb [Shipbuilding]
Global shipbuilding industry saw a total of 1.74m cgt, 45 units of newbuilding orders in February 2018, representing a 39% downturn against a month ago.  According to Clarkson Research, Korea took 0.91m cgt among the total, which accounts...
2018-03-08 07:33:33
SM KLC eyes on new VLCC duo [Shipbuilding]
SM KLC (Korea Line Corporation) announced through a regulatory filing on March 7 that the company signed a contract with its compatriot oil refiner GS Caltex for a long-term transportation of crude oil.  The Korean company plans to secure...
2018-03-08 07:33:01
Sungdong goes to court management [Shipbuilding]
Sungdong Shipbuilding & Marine Engineering is going into receivership, while STX Offshore & Shipbuilding would make way to self-help plan further. According to the government and the industry on March 7, the government will decide such...
2018-03-08 07:31:16
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