ITF questions future of LNG fuel [Shipping]
The International Transport Forum (ITF) at the OECD has questioned if using LNG as ship fuel is such a good idea. The ITF's recent report reads, "When shipbuilding cost difference plays more important part than fuel cost difference, shipowners...
2018-05-16 07:26:11
Ulsan promotes smart equipment factory business [Shipbuilding]
Ulsan Metropolitan City of Korea announced on May 15 that it will promote a project of 'smart factory supports for shipbuilding equipment providers'.  The business aims to help Ulsan's local shipbuilding equipment manufacturers to raise t...
2018-05-16 07:25:01
KR launches SeaTrust-HullScan 2nd version [General]
Korean Register of Shipping (KR) announced on May 14 the launch of the second version of SeaTrust-HullScan, a globally renowned structural analysis program. SeaTrust-HullScan is developed by KR back in 2014 for structural analysis of bulker, d...
2018-05-16 07:24:17
SLLP123 presents offshore production Buoy [Offshore]
SLLP134 Ltd, a Scottish offshore engineering company introduced Offshore Production Buoy (OPB). OPB can be deployed to stranded offshore oil and gas fields with low profitability or can replace manned offshore platform which became less produc...
2018-05-16 07:23:46
"100 ethane carriers expected to be needed" [Shipbuilding]
While there is a great demand for new LNG carriers all around the world against a backdrop of large scale shale gas development·export projects in the US, a niche market for transporting ethane and ethylene, which are by-products of shale gas, i...
2018-05-16 07:23:10
What will follow after Far East summit? [General]
The Shipbuilding industry is keen to follow the wake of Korea-Japan-China summit which was held on May 9 at Tokyo. Some Japanese presses reported that Japanese Prime Minister Abe Shinzo brought the excessive supply of steel and shipbuilding in...
2018-05-16 07:21:56
DSME's 1Q operating profit turning black [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) said through a regulatory filing on May 15 that its 1Q revenue, operating profit and net profit amount to KRW 2.2561trn (approximately $2.097bn), KRW 298.6bn and KRW 226.3bn, respectively. ...
2018-05-16 07:21:12
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