STX christens two sister PCs [Shipbuilding]
STX Offshore & Shipbuilding has named 11,200-dwt two product oil & chemical tankers it had built for SamBong Shipping on October 4 at Jinhae yard. Now the sister ships will be called SAMBONG HERA and SAMBONG ARTEMIS. STX won the dea...
2018-10-05 07:22:43
South Gyeongsang attracts new investments [Shipbuilding]
Based on its differentiated investment incentive strategy, South Gyeongsang Province of Korea has succeeded in making investment agreements worth KRW 3trn (approximately $2.655bn) with 17 companies at home and abroad.   The province ...
2018-10-05 07:21:06
This year's 'Offshore Korea' coming soon [Offshore]
With the goal of preparing for the upcoming recovery of global offshore plant market and improving the competitiveness of Korean equipment providers, 'Offshore Korea 2018 (OK 2018)' takes place during October 10-12 at Busan Exhibition and Convent...
2018-10-05 07:20:26
"IMO rules to boost Korean shipyards' growth" [Shipbuilding]
A Korean industry expert opined that international environmental regulations will finally boost the growth of Korean shipbuilding industry.   Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, said in his October 1 rep...
2018-10-05 07:19:47
Sale of entire Sungdong failed [Shipbuilding]
It turned out that the sale of the entire Sungdong Shipbuilding & Marine Engineering has been failed. After spinning off its business assets, the Korean conglomerate will carry forward the sale again in the middle of November this year. ...
2018-10-05 07:18:19
Developing standards for all-electric ships with LOHC techno... [Equipment]
H2-Industries and LR are working together on developing standards for all-electric vessels powered by emission-free Liquid Organic Hydrogen Carrier (LOHC) technology. This week at the Monaco Yacht Show, H2-Industries and LR announced a collabo...
2018-10-04 08:36:27
VSY, Siemens, and LR to research hydrogen fuel cells [Equipment]
Viareggio Super Yachts (VSY) has signed an agreement with Siemens and LR to develop a project for the application of hydrogen fuel cells technology on a special version of the new VSY 65m WATERECHO project by Espen Øino. Designed for true sea lo...
2018-10-04 08:34:32
Three partners announce $182m injection in Avenir [Shipping]
Golar LNG Limited ("Golar LNG" or "Golar") announced an investment of USD 24.75 million in Avenir LNG Ltd. The investment is part of a combined commitment of up to USD 182 million from Stolt-Nielsen Ltd. ("Stolt-Nielsen"), Höegh LNG Holdings Ltd...
2018-10-04 08:33:59
Foreship expertise to build West Coast cruise ship business [Shipbuilding]
Naval architecture, design and marine engineering specialist Foreship has transferred a senior member of its management team in Finland to head its Seattle operation, in a move aiming to expand West Coast activities and provide a new focus for it...
2018-10-04 08:31:29
GTMaritime celebrates 20 years [Equipment]
GTMaritime, the maritime communication experts, are celebrating 20 years of delivering essential maritime communications with excellence. Since 1998 GTMaritime has been providing a range of technology solutions to the maritime industry that serve...
2018-10-04 08:30:38
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