Nothing fixed yet on appointing DSME CEO [General]
Regarding the recent media reports saying 'CEO Chung Sung-Lip has no intention of serving consecutive terms, noting that he will hand over his position to a successor when the company's management gets back on track to some degree', Daewoo Shipbu...
2018-03-27 07:06:58
SHI, DSME cancel contracts for four drillships with Seadrill [Offshore]
Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) announced Monday that they have cancelled newbuilding contracts with John Fredriksen's Seadrill for a total of four drillships. The offshore drilling contra...
2018-03-27 07:05:36
HMM raises funds for building VLCC quintet [Finance]
Hyundai Merchant Marine (HMM) announced on March 26 that it penned a financial contract with Korea Shipping and Maritime Transportation (KSmart) on March 23 for the construction of five 300,000 dwt very large crude carriers (VLCCs). Regarding ...
2018-03-27 07:04:38
SHI's cyber security solution certified by ABS [Shipbuilding]
Samsung Heavy Industries (SHI) announced on March 26 that it has been certified as the world's first provider of cyber security technology for a smart ship by the American Bureau of Shipping (ABS).  While information exchanges are growi...
2018-03-27 07:03:29
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