KR discusses IMO rules [General]
The Korea Register of Shipping (KR) had a seminar to discuss the International Maritime Organization's (IMO's) Greenhouse Gas Emissions and Data Collection System, jointly with the Korea Shipowners' Association (KSA), on June 14 at the office bui...
2018-06-20 07:10:14
Scrubber usage on increase [Equipment]
As the International Maritime Organization's (IMO's) global sulfur cap is just a year and a half away, shipowners have been increasingly active in the scrubber installation. Last May, according to DNV GL, the number of ships with SOx scrubber ...
2018-06-20 07:09:38
"LNG is the most sensible fuel choice" [Shipping]
What kind of change would 2020 Global Sulphur cap bring to the marine fuel market, and who would benefit from the changes? An industry researcher predicted that Daewoo Shipbuilding & Marine Engineering (DSME) will greatly benefit from the tra...
2018-06-20 07:08:38
SHI ready for LNG ship war [Shipbuilding]
It seems Samsung Heavy Industries (SHI) is ready to engage in LNG carrier segment. Eom Kyung-ah, a researcher at Shinyoung Securities commented on June 18 that “SHI is highly competitive in LNG carrier segment with its new LNG containment sy...
2018-06-20 07:07:39
STX to go for recapitalization [Finance]
STX Offshore & Shipbuilding (STX O&S) announced through a regulatory filing on June 18 that it is issuing new shares through third-party allotment worth KRW77.9bn. The company is issuing 623,223 shares of common shares at KRW125,000 pe...
2018-06-20 07:07:01
Imabari wins advanced 100K coal carrier [Shipbuilding]
Imabari Shipbuilding of Japan has won an advanced coal carrier from its compatriot shipping giant Kawasaki Kisen Kaisha (K Line). According to foreign press and industrial source, K Line placed the latest order based on a long-term contract si...
2018-06-20 07:05:15
SHI BWMS acquires USCG TA [Equipment]
The United States Coast Guard (USCG) announced on June 15 through its official blog that it has granted Type Approval Certificate for Samsung Heavy Industries’ (SHI’s) BWMS product. The product, Samsung BWMS Purimar, is the eighth BWMS whi...
2018-06-20 07:04:16
DSME delivers world's first 'FRS' LNGC [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) announced on June 19 that the Korean mammoth shipbuilder delivered an LNG carrier with the Full Re-liquefaction System (FRS) for the first time in the world.  The FRS is equipment that l...
2018-06-20 07:03:39
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