Hyundai Electric completes world's largest ESS [General]
One of the largest energy storage system (ESS) in the world, which was established by Hyundai Electric & Energy System at Korea Zinc Company's smelting works, Onsan-eup, Ulju-gun, Ulsan Metropolitan City, Korea, starts operation this month. ...
2018-04-04 07:00:37
Hapag-Lloyd considers LNG fuel option [Shipbuilding]
German operator Hapag-Lloyd is said to have considered LNG fuel option actively in order to deal with incoming sulphur emissions laws. Hapag CEO Rolf Habben Jansen reportedly said on the recent earnings call that the company is considering the...
2018-04-04 06:59:23
"Shipbuilding: Full-fledged recovery from 2019“ [Shipbuilding]
A major market research firm predicted that shipbuilding industry will finally enjoy a substantial growth from 2019. In a report released at Clarkson Shipbuilding Forecast Club in March, Clarksons seems to be expecting a positive future in shi...
2018-04-04 06:58:38
Fincantieri reveals 2022 management goal [Shipbuilding]
Fincantieri has recently announced its 2018-2022 management target, as well as 2017 business results.   The Italian shipbuilding giant posted high revenues last 2017, exceeding EUR 5bn (around $6.158bn). The revenue also represents a...
2018-04-04 06:57:48
HHI Group bags sunlight generation works [General]
Hyundai Heavy Industries Green Energy (Hyundai Green) and Hyundai Electric announced on April 2 that they have won an engineering, procurement and construction (EPC) contract worth KRW 100bn (approximately $94.52m) for electric generator and ener...
2018-04-04 06:55:35
Business Commencement of Ocean Network Express [Shipping]
Ocean Network Express Pte. Ltd. (hereinafter referred to as “ONE”) announced the commencement of container shipping businesses on Apr 1, 2018. ONE is the result of an integration of the container operations of three Japanese shipping carri...
2018-04-03 07:24:01
UGS strongly supports IMO efforts [Shipping]
The Union of Greek Shipowners strongly supports the successful outcome of the forthcoming IMO MEPC 72 deliberations with the conclusion of an agreement on the Initial IMO Strategy for GHG emissions reduction for international shipping. The adopti...
2018-04-03 07:22:39
Statoil awarded four blocks offshore Brazil [Offshore]
Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects....
2018-04-03 07:20:50
MHI Vestas pens sweeping series of MOUs in taiwan [Offshore]
On the heels of early selection for a portfolio of projects, the company bolsters its commitment to the region by signing four MOUs with local manufacturers committed to leading Taiwan’s clean energy transition. Signalling a new era in the c...
2018-04-03 07:20:30
Taiwanese wind market in active mood [Offshore]
Independent offshore wind expert in the Taiwanese market, TOWSC (Taiwan Offshore Wind Farm Services Corp.) and wind power plant management expert OutSmart join forces to provide an integrated power plant organization, with local presence in Taiwa...
2018-04-03 07:18:39
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