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JMU expected to win 32 NBs in FY 2017
[Shipbuilding]
Shinjiro Mishima, President & CEO at Japan Marine United (JMU), has recently had a press conference and presented the current state of the company's business and future management plan. Regarding the current market condition, accordi...
2018-04-02 07:15:09
SHI Ningbo takes rotational leave
[General]
Under the influence of a lack of its order cover, Samsung Heavy Industries (Ningbo) Co., Ltd., Samsung Heavy Industries' (SHI's) Ningbo corporate in China is reportedly to conduct a rotational leave system for its executives and staff members. ...
2018-04-02 07:14:32
Korea starts building ICT convergence tower
[Shipbuilding]
Ulsan Metropolitan City had a groundbreaking ceremony for the 'High-tech Town' on March 28 at the Ulsan Techno General Industrial Complex, Duwang-dong, Nam-gu, Ulsan, Korea. The town is an infrastructure of 'ICT convergence Industry4.0S ...
2018-04-02 07:13:45
JMU to build Canadian ice-breaking bulker
[Shipbuilding]
Japanese shipbuilder Japan Marine United recently announced that it signed a building contract for a 31,000-dwt ice-breaking bulker with Canadian shipping company Fednav through the intermediation of Sumitomo Corporation. This is the third ice...
2018-04-02 07:13:08
Techcross celebrating consecutive orders
[Equipment]
Korean BWTS manufacturer Techcross has announced a rally of consecutive orders. A company official said that “We are experiencing a better year in both newbuilding and retrofit market. We have struck a row of large-scale turn-key based retro...
2018-04-02 07:12:11
"DSME reigning LNG segment"
[Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) is reigning over LNG carrier market, taking eight units out of 16 units which were ordered so far this year. Park Moo-Hyun, a researcher at Hana Financial Investment reported on March 30 that...
2018-04-02 07:11:34
HHI Group launches holding company
[Shipbuilding]
Hyundai Heavy Industries (HHI) Group officially named its holding arm. Hyundai Robotics held the first general meeting of shareholders on March 30. At the meeting, the company officially changed its name to ‘Hyundai Heavy Industries Holdings...
2018-04-02 07:09:56
CSSC-CSIC to merge to bear mega yard
[Shipbuilding]
Two pillars of Chinese shipbuilding industry, CSSC, and CSIC, are about to merge. The merger is expected to bear a new, colossal shipbuilding group even larger than the current largest shipbuilder, Hyundai Heavy Industries. Bloomberg reported ...
2018-04-02 07:09:04
"DSME begins to see some light"
[Shipbuilding]
Chung Sung-Leep, CEO of Daewoo Shipbuilding & Marine Engineering (DSME) stressed on March 30 in the 18th general meeting of shareholders held at the company's Headquarters in Geoje City, South Gyeongsang Province, Korea, "We will set up an in...
2018-04-02 07:07:52
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