KOMEA supports China venture [Equipment]
The Korea Marine Equipment Association (KOMEA) Shanghai branch is holding Global Marine Business Plaza in China 2018 in Shanghai on April 27. On the Plaza 19 major Chinese buyers and 12 domestic equipment manufacturers will participate includi...
2018-04-27 06:42:45
Maersk Line has customer conference in Korea [Shipping]
Maersk Line, the world's largest container shipping company, held a customer conference on April 18 at its Korean branch office, Yongsan-gu, Seoul, Korea.  The company had the conference with the goal of helping its Korean customers to us...
2018-04-27 06:42:09
KR joins Greek maritime seminar [Shipbuilding]
The Korean Register of Shipping (KR) has recently announced that it joined the 'Marshall Islands Registry and Korean Industry Stakeholder Joint Seminar', which was held in Athens, Greece, on April 16 under the sponsorship of the Marshall Islands ...
2018-04-27 06:41:41
Sungdong mulls M&A process [General]
While Sungdong Shipbuilding & Marine Engineering is reportedly likely to go through a merger and acquisition (M&A) process before a court decides whether to continue the receivership or liquidate it, the Export and Import Bank of Korea (K...
2018-04-27 06:41:04
Global orderbook shrank by 3% [Shipbuilding]
Global newbuilding orderbook recorded 200.6m dwt (76.7m cgt, 3,047 units) at the end of March, which is slightly higher than a year ago but 3% lower compared to the beginning of the year in terms of dwt. As of the end of March, according to Cl...
2018-04-27 06:40:25
DSME delivers 2nd submarine for Indonesia [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) had a ceremony on April 25 at its Okpo shipyard, Geoje City, Korea, for delivering the second unit of three 1,400-ton submarines it won from the Indonesian Navy last 2011.   The 61m...
2018-04-27 06:38:22
Shell invests in the Vito development [Offshore]
Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, announced on April 24 the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less th...
2018-04-26 07:24:41
Petrofac sells JSD6000 project to ZPMC [General]
Petrofac Limited (“Petrofac” or “the Company”) announces that Petrofac International (UAE) LLC has signed an agreement to sell the JSD6000 project to Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC). The transaction comprises the sale o...
2018-04-26 07:24:03
BEMA holds first annual meeting [Equipment]
The manufacturers and stakeholders in the ballast water treatment equipment market have taken a major step forward by codifying a unified manufacturers’ association.  The Ballastwater Equipment Manufacturers’ Association (BEMA) met on Ap...
2018-04-26 07:23:02
Maritime Future Summit: Vision Becomes Reality [General]
From digitalisation and big data through to Artificial Intelligence (AI), new technologies have the potential to revolutionise global shipping. “Mind the gap – bridging disruptive technologies” is the appropriate theme for the Maritime Futu...
2018-04-26 07:22:22
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