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Photo News
KFTC virtually lost appeal against Sungdong
[General]
It turned out that the Supreme Court of Korea has virtually decided in Sungdong Shipbuilding & Marine Engineering's favour in an appeal for correction order and penalty surcharge, which were issued by the Korea Fair Trade Commission (KFTC) to...
2018-08-28 07:17:50
Maersk's boxship set sails to NSR
[Shipping]
A containership that passes through the Northern Sea Route (NSR) for the first time in the world has set sails from the Port of Busan, Korea. The Busan Port Authority (BPA) has recently announced that AP Moller-Maersk's 3,600 teu ice-c...
2018-08-28 07:17:15
Korea localizes LNG level transmitter
[Shipbuilding]
The Korea Marine Equipment Research Institute (KOMERI) has recently announced that it completed 'LNG volume test facility for ship' that is capable of analyzing and testing uncertainty of ±1mm (on a 10m basis) in the height of LNG stored in ship...
2018-08-28 07:16:40
Shanghai Shipyard stops operation
[Shipbuilding]
Established back in 1862, one of the oldest shipyards in China, Shanghai Shipyard is closing its operation in this year, it is told. Industry sources said back in June that the yard is reviewing an option to relocate its place. Back then, a co...
2018-08-28 07:16:07
Who will win the first Aussie FSRU?
[Offshore]
Industry players are observing a competition for the first Aussie FSRU. On August 20, Australian Industrial Energy (AIE), a joint venture led by Australia announced that it signed a contract with Hoegh LNG for the provision of one FSRU for Por...
2018-08-28 07:15:36
HHI union go on partial strike
[General]
The Korean Metal Workers’ Union (KMWU)’s HHI branch went into a partial strike from August 27 to express oppositions to the voluntary retirement program. The union would rally for three days during August 27 to 29, which is the second time...
2018-08-28 07:15:04
SHI Egina set sail
[Photo News]
Samsung Heavy Industries (SHI) announced on the August 26 that the world's largest FPSO Egina departed for its worksite leaving Lagos construction base in Nigeria. After sea trial in this year, Egina will produce up to 200,000b/d of crude oil, or...
2018-08-28 07:14:00
SHI Egina set sail
[Offshore]
Samsung Heavy Industries (SHI) announced on the August 26 that the world's largest FPSO Egina departed for its worksite leaving Lagos construction base in Nigeria. After sea trial in this year, Egina will produce up to 200,000b/d of crude oil, or...
2018-08-28 07:13:13
HHI wins 101 NBs in Jan-Jul
[Shipbuilding]
Hyundai Heavy Industries (HHI) Group has recently announced that its accumulated order intakes at the end of July recorded KRW 4.369trn (approximately $3.9bn), representing a 31% downturn over the same period of 2017. The revenue HHI has...
2018-08-28 07:12:21
KR leading IACS in the age of transition
[Photo News]
“It is of great significance that KR assumes chairmanship of IACS in an age of transition in the maritime industry.” Lee Jeong-kie, Chairman of the Korean Register of Shipping (KR), said at the press conference held at the Korean Press C...
2018-08-28 07:11:06
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