Knutsen exercises LNGC option at HHI [Shipbuilding]
Norway's Knutsen OAS Shipping exercised an option for one LNG carrier it held at Hyundai Heavy Industries (HHI).  According to foreign media outlet and industrial source, the additional 180,000 cbm option was attached to an agreement sign...
2018-04-03 07:03:51
KR-ROKN sign design MoU [General]
Korean Register of Shipping (KR) and The Republic of Korea Navy (ROKN) signed MoU for the design and co-development of naval vessels on March 30 at Busan. Two parties agreed to ▲exchange knowledge ▲codevelop naval vessel related technologi...
2018-04-03 07:03:06
HHI’s 3-Hold FSRU won AiP by DNV GL [Shipbuilding]
Hyundai Heavy Industries (HHI) won AiP for the basic design of 170K-cbm 3-Hold LNG-FSRU from DNV GL. HHI so far have taken orders for 10 units of FSRU, and built its presence with cutting-edge technologies including Glycol-heated regasificatio...
2018-04-03 07:01:46
HMD bags feeder boxship ships [Shipbuilding]
Hyundai Mipo Dockyard (HMD) is said to have won new containerships from Japan. Japanese trading enterprise Itochu Corporation has booked more than one 1,800-teu feeder containerships at HMD based on a long-term charter deal signed with Korea's...
2018-04-03 07:00:29
"HHI expected to see loss in 1Q" [Shipbuilding]
KB Securities announced on April 2 that Hyundai Heavy Industries' (HHI's) profit and loss seem to have negatively been affected by rising fixed costs and material costs, as well as falling ship construction prices amid a decrease in revenue, whic...
2018-04-03 06:59:40
SM KLC books VLCC duo at DSME [Shipbuilding]
SM KLC (Korea Line Corporation) announced on April 2 that the Korean shipping company signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of two 300,000 dwt very large crude carriers (VLCCs, Hull Nos. 5...
2018-04-03 06:58:28
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