"Sungdong layoff plan is illegal" [General]
Korean Metal Workers' Union (KMWU) Sungdong Shipbuilding & Marine Engineering branch argued on June 25 that the court should not approve the company’s restructuring plan through its legal representative. The representative, Yeoneun (law ...
2018-06-27 07:09:28
US wind power business to deal with gas [Offshore]
There is expectation that the unit cost of electricity production in offshore wind power generation projects, which has slowly decreased amid a growing trend of bigger turbines, is likely to be lower than that in gas power plants.  In add...
2018-06-27 07:08:57
Ulsan carries out floating wind power projects [Offshore]
Ulsan Metropolitan City of Korea has recently announced that its two R&D tasks have been chosen for the 'project for developing core technologies related to new and renewable energy' led by the Ministry of Trade, Industry, and, Energy (MOTIE)...
2018-06-27 07:08:24
KOGAS-Novatek sign MOU for Arctic LNG 2 [General]
KOGAS and Russian natural gas producer Novatek signed MOU for a joint effort in LNG projects. Two parties agreed to further discuss KOGAS’ participation in Arctic LNG 2 project and a possible LNG off-take from the project. Novatek also re...
2018-06-27 07:07:58
HMD wins LPGC from Nigeria [Shipbuilding]
E.A. Temile & Sons Development Company, a Nigerian marine/offshore support vessel owner, turns out to have awarded 1+1 eco-friendly LPG carriers to Hyundai Mipo Dockyard.   Temile's CEO Alfred Temile said, "Whilst Temile has exte...
2018-06-27 07:07:17
Korean 'Big3' to go on summer vacation [General]
Korean 'Big3' shipbuilders such as Hyundai Heavy Industries (HHI), Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI) are to encourage their employees to take a vacation this summer. According to industrial ...
2018-06-27 07:06:27
Samkang nets ship block deal from SHI [Shipbuilding]
Samkang M&T, a Korean manufacturer of heavy wall pipes, marine equipment and newbuildings, announced on June 25 that the company and its subsidiary Samkang S&C signed a contract with Samsung Heavy Industries (SHI) for supplying 40,000 ton...
2018-06-27 07:03:58
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