Korea holds equipment localization presentation [Equipment]
A briefing session on 'localization of equipment for oil and gas production plants' was held on September 19 at the Changwon Exhibition & Convention Center (CECO), Changwon City, South Gyeongsang Province, Korea.  The presentation on ...
2018-09-04 07:15:42
Dae Sun succeeds in trial of coastal passenger ship [Shipbuilding]
Dae Sun Shipbuilding and Engineering has successfully conducted sea trials of a coastal passenger ship during August 27-29 in the sea area off Daemado Island, South Jeolla Province, Korea. The Yeongdo-based shipbuilder won the vessel from its com...
2018-09-04 07:15:31
"IMO rules brings repair yards' upturn" [Shipbuilding]
It turned out that ship retrofit·conversion costs are rising sharply for dealing with the International Maritime Organization's (IMO's) upcoming Global Sulfur Cap and Ballast Water Management (BWM) Convention. According to Greece's Intermodal...
2018-09-04 07:15:11
Dongsung nets insulator deal from SHI [Equipment]
Dongsung Finetec, a Korean maker of cryogenic insulation products, announced through a regulatory filing on August 31 that it signed a contract with Samsung Heavy Industries (SHI) to supply cryogenic insulation for containment system in LNG carri...
2018-09-04 07:14:53
Voice raised against multi-level subcontracting [General]
Labor groups urged the Korean government to legislate against multi-level subcontracting. The Joint Countermeasure Committee for Samsung Crane Accident released a statement: “accident investigation report, after six months of inspection of t...
2018-09-04 07:14:40
Odfjell going for new drilling rig? [Offshore]
It is heard that Odfjell Drilling is planning an offshore drilling rig fleet expansion. According to foreign media, the company, whose fleet mainly consists of semi-submersible drilling rigs, is pursuing fleet expansion through either newbuild...
2018-09-04 07:14:10
Korean Industry finding opportunities in SMM [General]
The Korean maritime industry is launching a massive appearance in SMM 2018. KOTRA (Korea Trade-Investment Promotion Agency) is jointly opening Korean pavilion in the event with KITA (Korea International Trade Association) and Incheon Business ...
2018-09-04 07:13:39
KHAN got ABS approval for LNG supplier [Shipbuilding]
KHAN has obtained class approval for new multi-purpose LNG supply vessel (LNG ISO Tank Container Feed Vessel) through cooperation with Korea Maritime Consultants (KOMAC). On August 29, KHAN received AIP certification for LNG ISO Tank Container...
2018-09-04 07:13:00
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