MDT suggests new business vision [Equipment]
MAN Diesel & Turbo (MDT) has changed its name 'MAN Energy Solutions', declaring a strategic and technological transformation. Following a process that the company had already begun back in 2017 with the goal of expanding its business with ...
2018-06-28 07:20:15
KR develops boxship structural rules [Shipbuilding]
The Korean Register of Shipping (KR) has recently announced that it developed containership structural rules which are applicable to containerships which are ordered from July 1 this year.   By using latest technologies, the KR has c...
2018-06-28 07:19:25
Gyeongnam to build KRW40bn aiding fund [Finance]
Gyeongnam Provincial Government announced on June 26 that it has raised KRW40bn of ‘shipbuilding reorganization fund.’ The government explained that the fund is formed to support local shipbuilding and equipment industries which are plague...
2018-06-28 07:18:55
Top 10 yard list shuffles in turmoil [Shipbuilding]
Global newbuilding orderbook recorded 198.5m dwt (75.3m cgt, 2,996 units) at the end of May, which is 8% lower compared to a year ago in terms of cgt. As of the end of May, according to Clarkson Research, bulker segment have stacked 720 units,...
2018-06-28 07:18:26
"Offshore wind can stimulate local economy and industry" [Offshore]
Baek Woon-Kyu, the Minister of Trade, Industry & Energy of Korea, emphasized on June 26 that there should be a ‘virtuous circle’ between offshore wind and shipbuilding industry. The minister, at ‘offshore wind forum’ held in Seoul,...
2018-06-28 07:17:58
STIC chooses YZJ for feeder duo [Shipbuilding]
Hong Kong operator SITC International Holdings have added its booking at Yangzijiang Shipbuilding (Holdings) Group (YZJ). SITC have ordered two feeder containerships at YZJ-affiliated Jiangsu Yangzijiang Shipbuilding and Jiangsu New Yangzi Shi...
2018-06-28 07:17:30
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