Greece-Russia join forces for maritime industry [Shipbuilding]
It is understood that Russia and Greece have been active for the establishment of maritime joint ventures. Dimitrios Velanis, the special advisor on Russian relations to the Greek prime minister told a Russian media outlet that they are seekin...
2018-05-31 07:19:15
VR enhances yard safety [Shipbuilding]
Ulsan of Korea recently announced that its VR/AR/MR contents development project for yard safety is selected as one of ‘2018 VR/AR/MR flagship project,’ which was set by National IT Industry Promotion Agency of Korea (NIPA) and Ministry of Sc...
2018-05-31 07:18:50
COSCOCS aiming Brazilian waters [Shipbuilding]
Chinese maritime giant China COSCO Shipping (COSCOCS) is poised to expand its reach into the Brazilian market. Foreign sources told that the group is seeking new O&G development projects in Brazilian offshore with rising oil price and loos...
2018-05-31 07:18:21
DSME CEO achieves consecutive appointment [General]
The consecutive appointment of Jung Sung-Leep, CEO of Daewoo Shipbuilding & Marine Engineering (DSME), was officially confirmed on May 29. DSME held an extraordinary shareholders meeting on the same day at its office building in Da-dong, S...
2018-05-31 07:17:51
Korean yards dominated gas ship orders [Shipbuilding]
Global shipbuilding industry scored 252 units, 21.6m dwt (7.7m cgt) of orders for the first four months of 2018, representing a 22% year-on-year downturn in terms of annualized dwt. April has particularly been weak with only 40 units, 1.5m dwt of...
2018-05-31 07:17:19
Flex acquires HHI LNGCs [Shipping]
John Fredriksen’s LNG shipping unit FLEX LNG recently announced that it is purchasing two new 174,000-cbm LNG carriers Hyundai Heavy Industries (HHI) is building with its Q1 results. It was said that the units cost $184m apiece, and 20% of t...
2018-05-31 07:16:50
HHIC planning new shipyard [Shipbuilding]
Hanjin Heavy Industries & Construction (HHIC) of Korea is understood to have been mulling on moving its Yeongdo-based shipyard to a new site. It is said that the company is leasing a part of a dock around Sinseondae, Busan. HHIC is plannin...
2018-05-31 07:16:13
Jadestone starts FEED for gas development offshore Vietnam [Offshore]
Singapore, May 28, 2018: Jadestone Energy has received approval from Vietnam’s Ministry of Industry and Trade (“MOIT”) of its Outline Development Plans (“ODP”) for the Nam Du and U Minh gas fields in block 46/07 and block 51, respective...
2018-05-30 07:26:58
Global Wind Summit: World’s biggest wind industry gatherin [Offshore]
From 25 to 28 September the world´s largest wind industry event, the Global Wind Summit, will take place at the Hamburg Messe fair site. Comprising the world’s leading wind industry expo WindEnergy Hamburg and the WindEurope global on and offs...
2018-05-30 07:25:52
Carbon targets can only be met with ‘Zero CO2’ fuels [Shipbuilding]
The ambitious CO2 reduction targets set by the UN International Maritime Organization (IMO) for the year 2050 can only be delivered with the global rollout of zero CO2 fuels and propulsion systems, says the International Chamber of Shipping (ICS)...
2018-05-30 07:23:50
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