SMM: 3D Printing revolutionises maritime sector
Similar to the automotive and aerospace industries, the maritime sector has no choice but to embrace the complex topic of additive manufacturing. SMM is at the cutting edge: For the first time the leading international trade fair of the maritime ...
Seaspan Shipyards names Mark Lamarre CEO
Seaspan Shipyards today announced that Mark Lamarre, who most recently served as Chief Executive Officer of Australian Shipbuilding Company (ASC), has been named Chief Executive Officer of Seaspan Shipyards, effective immediately. Mr. Lamarre suc...
VARD nets new cruise ship duo
Fincantieri-affiliated Vard Holdings, a Singaporean offshore and specialized vessel builder, announced on July 24 that it has won two expedition cruise ships from Viking Cruises, the US cruise operator. The value of a contract the two companie...
"FLNG market tipped for ‘2nd wave’"
Around $53bn will be invested in the global FLNG project from 2019 to 2024, a report said. Westwood Global Energy Group, a UK energy market consulting firm, said in a recent report that 80% of the investment (about $42bn) will be spent o...
Panasia harvested successful scrubber trial
Last February, Panasia installed Full Multi inlet U-type Scrubber in OPEN Mode at one of three new 66,000 dwt oil & chemical tankers which are built by Samkang M&T for Woomin Shipping. And during July 17-19, inspectors from shipowner, ...
'Smart Ship & Shipbuilding Forum' held initial sem...
Experts from industry, academia, and research institutes were gathered to innovate maritime industry through ICT convergence. Ulsan city and Maritime ICT Convergence Council announced that they held a seminar on ‘Smart Ship & Shipbuild...
HHI supports workers in heat
Hyundai Heavy Industries (HHI) announced on July 24 that the Korean shipbuilding heavy weight has urgently ordered about 56,000 'cool towels' for its workers to maximize cooling effects on their bodies. The cool towel is can be used semiperman...
HMD's 2Q profit reaches $12.3m
Hyundai Mipo Dockyard (HMD) announced through a regulatory filing on July 23 that its 2Q operating profit (on a separate basis) was KRW 13.97bn (approximately $12.3m), representing a 63.1% year-on-year decrease. The revenue in the same p...
HHI reduces stocks in Wartsila Hyundai Engine
Hyundai Heavy Industries (HHI) announced through a regulatory filing on July 23 that the company has decided to reduce its 1.6965m stakes in Wartsila Hyundai Engine, a joint venture established by Wartsila and HHI. The value of shares which wi...
POSCO continuingly sees strong profit
POSCO announced on July 23 that the Korean steel giant marked KRW 1.2523trn (approximately $1.13bn) of operating profit for the second quarter of 2018, up by 27.9% over the same period of 2017. From April to June this year, the company p...
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