HMD clinches boxship quartet [Shipbuilding]
Hyundai Mipo Dockyard (HMD) announced through a regulatory filing on July 18 that the Korean shipbuilder signed a deal with a Liberia-based shipowner for the construction of four new containerships.  The value of the deal amounts to KRW 1...
2018-07-20 07:16:08
KOSHA held safety seminar for yards [General]
The Korea Occupational Safety and Health Agency (KOSHA) Busan branch held a safety seminar dealing with accident prevention and work process standardization. The seminar was arranged to present the cases of work process standardization to enha...
2018-07-20 07:15:39
"Countermeasure needed for revival of Sungdong" [Shipbuilding]
A committee for protection of shipyard workers' rights to live in South Gyeongsang Province had a press conference on July 18 at the office building of the Gyeongnam Provincial Government, urging the Korean government and the province to come up ...
2018-07-20 07:15:05
"Cruise sector enjoyed 2017 so much" [Shipbuilding]
An Italian shipbuilding association ASSONAVE (Associazione Nazionale dell'Industria Navalmeccanica) described 2017 as a ‘golden age’ of cruise shipbuilding According to the Association, cruise builders around the world won a total of 23 un...
2018-07-20 07:14:26
"Bunkering ports seeing increasing LNG sales" [Shipping]
The Port of Rotterdam, which provides 40% of global LSFO bunkering, is seeing a surge in LNG fuel sales and declining fuel oil sales. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment said in a report on July 19 that “with inc...
2018-07-20 07:12:51
YoungChang Heavy won 1.8K Chemical TK [Shipbuilding]
YoungChang Heavy Industries located in Jeonnam, Korea announced on July 19 that the company and Keo Young Shipping completed in last April the process required for the construction of a 1,800-dwt Solid Stainless Steel Chemical Tanker which is con...
2018-07-20 07:09:42
Wärtsilä to assist Transocean with thruster solutions [Equipment]
Wärtsilä and Transocean will optimise the maintenance of all Wärtsilä thrusters installed within the Transocean fleet, while seeking to significantly reduce dry-docking costs by extending the service intervals of the thrusters. The agreemen...
2018-07-19 07:28:50
OSG announces new build initiative [Shipbuilding]
Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, announced today that it has signed binding contracts with Hy...
2018-07-19 07:19:42
ICS encouraged by IMO progress in 2020 cap [Shipping]
In a statement on July 17, the International Chamber of Shipping (ICS) says it is encouraged by efforts made by IMO Member States to resolve some pressing practical challenges ahead of the global implementation of the 0.5% sulphur in fuel cap on ...
2018-07-19 07:18:34
Damen and parters to present marine access solution [Equipment]
At the end of June, Damen Shipyards Group along with Ampelmann and VEEM hosted a Marine Access Event. Over two days, delegates from both the offshore renewable and non-renewable industries had the opportunity to sail from IJmuiden in the Netherla...
2018-07-19 07:17:15
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