Xiangyu inks LOI for 2+4 Ultramax BCs [Shipbuilding]
China's Nantong Xiangyu Shipbuilding and Offshore Engineering seems to have signed a letter of intent (LOI) with Lou Kollakis-led Chartworld Shipping for the construction of 2+4 Ultramax bulkers.  The 63,500 dwt new vessels will satisfy t...
2018-05-01 07:29:46
JMU makes $636m loss in FY 2017 [Shipbuilding]
Japan Marine United (JMU) turns out to have logged a JPY 69.4bn (approximately $636m) loss for the last financial year (FY, ending March 31, 2018).  The figure has increased from FY 2016's JPY 9.4bn loss due to a delay in construction pro...
2018-05-01 07:29:23
HHI union approves strike [General]
Korean Metal Workers’ Union (KMWU)’s Hyundai Heavy Industries (HHI) branch approved strike to protest the management’s voluntary retirement program. The union called for the yeas and nays for the strike to 12,122 union members, and 6,266...
2018-05-01 07:28:54
Daesun signs wage collective agreement [General]
The labor and the management of Daesun Shipbuilding & Engineering signed wage collective agreement on April 27. This is the fourth consecutive year signing wage agreement without negotiation. The company also held a rally for the accomplis...
2018-05-01 07:28:21
Jinling nets hybrid Ro-Ro vessel [Shipbuilding]
Italian operator Grimaldi Group is understood to have ordered six hybrid Ro-Ro vessels at Jinling Shipyard of China. The 64,000-gt, 238m of length and 34m of width ships will be delivered from 2020. The ships would be able to load around 500 t...
2018-05-01 07:24:44
HHI bags one VLGC from Solvang [Shipbuilding]
Solvang ASA turns out to have placed an order at Hyundai Heavy Industries (HHI) for one very large gas carrier (VLGC).  According to IHS Markit and ship broker industry, the Norwegian gas carrier operator has recently booked one VLGC at H...
2018-05-01 07:24:17
Kyklades adds two VLCCs [Shipbuilding]
Greek owner Kyklades Maritime have ordered two VLCCs at Hyundai Samho Heavy Industries (HSHI). According to TradeWinds and industry, the owner has expanded its VLCC orderbook to eight units. Back in November 2017, Kyklades had ordered four ...
2018-05-01 07:23:03
HMD's 1,000th new ship christened [Photo News]
Hyundai Mipo Dockyard (HMD) had a naming ceremony for 'LADON', a 50,000 dwt product carrier (PC) for Greece's Pleiades Shipping Agents S.A., on April 27 at its quay No. 5, achieving a record of building 1,000 ships. Writing by Jeff K...
2018-05-01 07:22:35
HMD's 1,000th new ship christened [Shipbuilding]
Hyundai Mipo Dockyard (HMD) had a naming ceremony for 'LADON', a 50,000 dwt product carrier (PC) for Greece's Pleiades Shipping Agents S.A., on April 27 at its quay No. 5, achieving a record of building 1,000 ships. On the day, many guests inc...
2018-05-01 07:21:06
KOTRA supports OTC participants [Equipment]
The Korea Trade-Investment Promotion Agency (KOTRA) announced it is running a supporting program for domestic participants of OTC (Offshore Technology Conference) 2018 with cooperation with The Korea Marine Equipment Association (KOMEA), KOGAS, a...
2018-05-01 07:19:40
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