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Dongsung LTS attains AiP from LR
[Equipment]
Dongsung LTS has recently announced that the Korean tank engineering expert received approval in principle (AiP) from Lloyd's Register (LR) for its IMO Type B tank for large-sized ethane carrier which is made of steel material with 5% nickel for ...
2018-08-21 07:19:08
KOGAS announces gigantic LNG infra plan
[General]
Korea Gas Corporation (KOGAS) announced its long-term management plan on August 17 which marks the 35th anniversary of its founding. Under the plan, KOGAS will make investment of KRW 10trn (about $8.9bn) in total by 2025 with the g...
2018-08-21 07:18:26
"Chinese industry needs to pursue lighter hull"
[Shipbuilding]
A Chinese research center argued that its shipbuilding industry would be able to save a lot of resources by developing light-weight hull structure. It is said that CSSC's Economic and Shipbuilding Centre recently pointed out that the weight of...
2018-08-21 07:16:12
Jiangnan enters LNGC arena
[Shipbuilding]
CSSC-Jiangnan Shipyard turns out to have won its very first mid- and large-sized LNG carrier construction project. According to industrial sources and TradeWinds, the Chinese shipbuilder is said to have won two LNG carriers from its comp...
2018-08-21 07:15:14
HSHI soaring in global yard ranking
[Shipbuilding]
Global newbuilding orderbook recorded 198.9m dwt (76m cgt, 3,000 units) at the end of July, which is 6% lower compared to the beginning of the year in terms of dwt. The number means a slight yoy improvement in terms of dwt, whereas 14 years low i...
2018-08-21 07:14:34
AET orders Korean shuttle tanker for Shell charter
[Shipbuilding]
AET Inc Limited announced on August 20 that it has formally agreed its first contract with Brazil Shipping Limited 1 (“Shell”) to time charter one new-build dynamic positioning (IMO Class 2) shuttle tanker (DPST) in Brazil. “MISC Group’s ...
2018-08-21 07:13:55
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