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HMD-HSHI going for flexible hours
[General]
Hyundai Mipo Dockyard (HMD) and Hyundai Samho Heavy Industries (HSHI) are adopting flexible work system. Industry observers told that the labor and the management of both companies agreed to adopt flexible working hour system, by which a worke...
2018-08-06 06:40:15
BP charters HSHI VLCC
[Shipbuilding]
Global oil major BP is chartering a VLCC from a Greek shipowning company Neda Maritime Agency. According to the industry, BP is paying $34,000 of daily rate for three firm-years with 1+1 years of the option. $34,000 is more generous figure tha...
2018-08-06 06:38:56
Top Ships in talk for HHI tanker financing
[Shipbuilding]
A Greek major tanker operator Top Ships announced through SEC regulatory filing on July 24 that it had a discussion on ship financing. The company added that it discussed with financial institutions, receiving indicative terms to finance three...
2018-08-06 06:38:25
KIMM-DSME join hands for cryogenic technology
[Equipment]
The Korea Institute of Machinery and Materials (KIMM) signed a memorandum of understanding (MOU) with Daewoo Shipbuilding & Marine Engineering (DSME) for developing technologies of next-generation cryogenic plant on July 27. Under the MOU,...
2018-08-06 06:37:55
TMS exercises LNGC option at SHI
[Shipbuilding]
It turned out that a Greek Shipowner has chosen Samsung Heavy Industries (SHI) again for LNG carrier construction. According to foreign press and industrial source, Christos Economou, founder of TMS Cardiff Gas and son of group pri...
2018-08-06 06:37:24
Delos to order VLEC series at Korean yards
[Shipbuilding]
Delos Shipping, a private US investment outfit orders a series of VLECs worth a total of around $1.5bn at two Korean shipyards. According to TradeWinds and sources, Delos is placing orders for 3+3 93,00-cbm ethane carriers (membrane-type) at H...
2018-08-06 06:36:05
KR had seminars in Southeast Asia
[General]
The Korean Register of Shipping (KR) has recently announced that it had 'KR-Singapore technology seminar' and 'KR-Bangkok technology seminar' during July 24-26 in Singapore and Bangkok, Thailand, respectively, for Southeast Asian maritime industr...
2018-08-06 06:35:01
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