HHI Group aiming "KRW7bn by 2022" [Shipbuilding]
Hyundai Heavy Industries (HHI) Group, recently reorganized itself as holding company system, set its 2022 revenue goal at KRW7bn. Kwon Oh-Gap, President of Hyundai Heavy Industries Holdings manifested such a goal at a press conference held on ...
2018-04-18 07:12:12
How CSSC-CSIC merger affects Korean shipyards? [Shipbuilding]
A merger of two pillars of Chinese shipbuilding industry CSSC and CSIC is expected to lead global competition for low price orders.  Yoo Seung-Woo, an analyst at SK Securities of Korea, explained on April 17. "We have studied what affects...
2018-04-18 07:11:41
HHI draws ship with 3D printing tech [Photo News]
Hyundai Heavy Industries (HHI) is developing 3D printing technology for marine equipment in cooperation with various players from the academy and industry. HHI signed MOU for the establishment of a consortium for the application of 3D printing...
2018-04-18 07:10:56
HHI draws ship with 3D printing tech [Equipment]
Hyundai Heavy Industries (HHI) is developing 3D printing technology for marine equipment in cooperation with various players from the academy and industry. HHI signed MOU for the establishment of a consortium for the application of 3D printing...
2018-04-18 07:10:07
Korea surveying newbuilding demand [Shipbuilding]
The Korean government is moving fast to ignite its five-year shipping rehabilitation plan. The government is now surveying newbuilding demand from domestic shipping companies while drawing ship finance program of Korea Ocean Business Corporation....
2018-04-18 07:09:21
ONE considers ordering 20,000 teu sextet [Shipbuilding]
Ocean Network Express (ONE) of Japan is reportedly looking into ordering additional 20,000 teu ultra large containerships (ULCs). President Takafumi Kido noted through a foreign press that the company may order additional six 20,000 teu vessel...
2018-04-18 07:06:33
Stena Drilling receives DNV GL MPD notation [Offshore]
DNV GL has revised its classification rules for Managed Pressure Drilling (MPD) systems and introduced two new class notations DRILL(MPD) and DRILL(MPD READY). Stena Drilling Ltd. (SDL) is the first drilling contractor to receive the notation Dri...
2018-04-17 07:21:03
Vroon reaches agreement with lenders [Offshore]
Vroon announced on Apri 13 that it has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is only subject to final documentation and credit committee confirmation, is an...
2018-04-17 07:20:11
Peel Ports-ASV launched autonomous study group [Shipping]
Peel Ports Group and ASV Global (ASV) have launched a partnership which will develop the use of autonomous vessel technology for UK port operations. The partnership kick started with a visit from ASV’s team to the Port of Liverpool, to demon...
2018-04-17 07:18:31
Magallanes Renovables signed berth agreement with EMEC [Offshore]
Spanish tidal energy developer Magallanes Renovables have entered into a berth agreement with EMEC, where their tidal energy prototype is due to be demonstrated in the next phase of the OCEAN_2G project. Funded by the Fast Track to Innovation ...
2018-04-17 07:17:29
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