Hapag-Lloyd plans 20 % reduction in CO2 [Shipping]
On April 22, as the world celebrates “Earth Day,” Hapag-Lloyd is publishing the company’s first sustainability report ever. Within the report, the shipping company is announcing for the first time the climate goal it has set for itself: By ...
2018-04-24 07:20:45
Keppel O&M sees poor business results [Offshore]
Keppel Corporation saw poor results in its offshore business despite the recent recovery trend in the industry.  The Singaporean company announced that it posted a SGD 337m (approximately $257m) profit for the first quarter of 2018, repre...
2018-04-24 07:20:05
YZJ nets British kamsarmax [Shipbuilding]
A UK based operator Hadley Shipping Group is expanding its fleet, ordering kamsarmax vessels at a Chinese yard. According to foreign media and industry, the shipping company has ordered up to two 82,000-dwt kamsarmax bulkers (including one opt...
2018-04-24 07:19:31
Korea opens offshore plant O&M simulation center [General]
Busan Techno Park and Tongmyong University have an opening ceremony of a simulation center for the operation & maintenance (O&M) of offshore plant on April 24 at Tongmyong Univ., Yongdang-dong, Nam-gu, Busan Metropolitan City, Korea. ...
2018-04-24 07:19:02
"Installing scrubber is rational decision" [Equipment]
Langh Tech, a Finnish exhaust gas cleaning technology provider, has recently noted that the ban on carrying high sulfur fuel oil on vessels will have a great effect on merchant ship operations, and one solution for such regulations is scrubber ...
2018-04-24 07:18:28
Scrubbers to fit in half of Cosmo Oil VLCCs [Equipment]
Cosmo Oil of Japan has recently announced a plan of installing scrubbers in half of its very large crude carriers (VLCCs), with the other half using marine gas oil (MGO). It seems that, in industry, the move reflects the Cosmo Oil's uncertainty a...
2018-04-24 07:17:18
HHI suggested wage freeze and return [General]
Hyundai Heavy Industries (HHI) is understood to have suggested a wage freeze and wage return to the union. The company has delivered its offer for 2018 collective agreement including wage freeze on April 20. The revised agreement includes ...
2018-04-24 07:16:05
Public hearing arranged for shipbuilding [Shipbuilding]
A public hearing to respond to major accidents in shipbuilding by Investigation Committee on Shipbuilding Accidents is planned to be held on April 24. at Seoul to introduce its activities.  The hearing will attract a number of tycoons fro...
2018-04-24 07:15:34
"Korea needs to prepare for autonomous era" [Shipping]
IMO Legal Committee which will be held for five days from April 23 is poised to deal with international regulations and standards for autonomous navigation. The autonomous vessel can operate with the minimum engagement of human with the assist...
2018-04-24 07:15:00
KEXIM head meets shipping bosses [Finance]
Eun Sung-soo, Chairman and President of The Export-Import Bank of Korea (KEXIM) met bosses of 10 shipping companies and officials of KSA to promise capital injection over KRW800bn in this year. Bosses from HMM, Sinokor, KMTC, Heung-A, Panocean...
2018-04-24 07:14:13
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