KT-HHI tie for IoT/DT [General]
KT announced that it signed a business agreement for joint development of IoT and Digital Transformation (DT) with Hyundai Heavy Industries (HHI) on October 22. Two parties agreed to develop ‘Intelligent Location Information System’ applyi...
2018-10-25 08:17:45
Chinese leasing cuts brilliant figure [Finance]
It is said that China cuts a brilliant figure in global ship financing circles.  During the 'Greek Ship Finance Forum' that has recently been held in Athens, Greece, about 400 industry experts maintained that Chinese leasing, which accoun...
2018-10-25 08:17:13
"Sulfur cap schedule won't back down" [Shipping]
With Trump Administration moving against the current enforcement schedule of the global sulfur cap, all interested parties including shipping, shipbuilding, and refinery industry are on the alert on how things would move on. It seems the refining...
2018-10-25 08:16:43
58% of global orderbook all delivered by 2019 [Shipbuilding]
Global newbuilding orderbook recorded 202m dwt (77.8m cgt, 3,058 units) at the end of September this year, which is 6% lower compared to a year ago in terms of dwt. Of the current orderbook, 58% in dwt terms is scheduled to be delivered by the en...
2018-10-25 08:10:42
Minerva behind SHI LNGC [Shipbuilding]
It is reported that a Greek shipping company Minerva Marine is behind an order for one 174,000-cbm LNG carrier Samsung Heavy Industries (SHI) said it won from an Oceanian owner at around KRW211.8bn. According to IHS Fairplay on October 23, Min...
2018-10-25 08:09:30
Uljanik workers ignite another strike [General]
Uljanik shipbuilding of Croatia is entangled with yet another strike. Foreign media reported that workers of the yard initiated a strike on Monday (local time) due to unpaid September salary, in less than two months since they waged a strike b...
2018-10-25 08:09:04
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