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FSIGC ordered one wind farm service platform
[Offshore]
Fujian Fuchuan Investment, an investment vehicle of Fujian Shipbuilding Industry Group (FSIGC) has ordered a unit of wind farm service platform at Fujian Mawei Shipbuilding through its subsidiary, Fujian Offshore Wind Farm Service Company. Acc...
2018-10-24 08:28:14
Daitoh orders Chem TK quintet
[Shipbuilding]
Daitoh Trading turns out to have ordered five chemical product carriers from two of its compatriot shipbuilders. According to foreign press and industrial source, the privately-owned Japanese trading company commissioned Fukuoka Shipbuilding a...
2018-10-24 08:27:45
Jeonbuk planning cooperative industrial complex
[General]
Jeollabuk-do (Jeonbuk) of Korea, which took a heavy blow from the suspension of Hyundai Heavy Industries’ (HHI’s) Gunsan shipyard, is envisioning a new growth with ‘Smart Joint Venture Center.’ Gunsan Marine Industry Association stated...
2018-10-24 08:27:13
Hyundai sisters hoarded high in September
[Shipbuilding]
Hyundai Heavy Industries (HHI) stated that its 2018 accumulated order intake by Q3 reached $6.578bn, which is yoy 76.7% increase. Shipbuilding division showed off a remarkable growth with $5.419bn (yoy 91.3% increase), while offshore experiencing...
2018-10-24 08:26:48
Improved profitability expected for Q3
[Shipbuilding]
A report predicted improved profitability for the shipbuilding industry in Q3. Kim Hong-kyun, a researcher at DB Financial Investment, commented that there are potential change orders for Samsung Heavy Industries (HHI) and HHI (Hyundai Heavy I...
2018-10-24 08:26:19
Troim keeps new bulkers near
[Shipping]
The industry heard that Tor Olav Troim is going to directly own and operate for himself the newcastlemax newbuildings he has ordered to a Chinese yard instead of Asset-Play that much speculated. According to TradeWinds and the industry, 2020 B...
2018-10-24 08:25:46
Busan had briefing session for equipment industry
[Shipbuilding]
Together with the Korea Marine Equipment Research Institute (KOMERI), the Busan Chamber of Commerce & Industry (BCCI), and the Korea Industrial Complex Corporation (KICOX), Busan Metropolitan City held a briefing session on October 23 at the ...
2018-10-24 08:25:13
'Hydrogen is saviour of Korean shipbuilding'
[Shipbuilding]
A Korean industry expert noted that advancing hydrogen technologies will have a positive effect on shipbuilding industry, as well as automobile industry. Through an interview with Korea Herald, Shin Jae-hang, head of H2Korea, said the ...
2018-10-24 08:17:23
NB orders see 'dwt down, cgt up'
[Shipbuilding]
The global shipbuilding industry scored a total of 738 units, 57.6m dwt (21.1m cgt) of newbuilding orders from January to September this year, representing a 10% year-on-year decline in dwt terms on an annualized basis, but a 5% y-o-y increase in...
2018-10-24 08:14:21
VesselsValue sets up subsidiary in Korea
[General]
VesselsValue, a shipping vessel database service provider in the UK, has recently established its subsidiary VesselsValue Korea Ltd. in Gwanghwamun, Seoul, Korea. VesselsValue Korea has been set up with a view to meet demands from Korea ...
2018-10-24 08:13:53
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