New challenger emerges in MJ FPSO bid [Offshore]
A battle to provide MJ FPSO vessel for India's Reliance Industries is becoming more intense as a Korean shipyard enters a bid in addition to the existing three competitors.  According to industrial source and foreign media, it seems that ...
2018-10-31 08:21:27
Balearia orders DF ferry from home [Shipbuilding]
Spanish ferry operator Balearia turns out to have had the largest passenger and cargo fast ferry in the world under construction in its compatriot shipyard.  According to industrial source and foreign media, Adolfo Utor, President at Bale...
2018-10-31 08:21:02
M&A of Sungdong proceeded again [Shipbuilding]
Samil PwC, advisor for the sale of Sungdong Shipbuilding & Marine Engineering, plans to receive letters of intent (LOIs) from buyers by December 14, before opening a formal bid on December 19.  According to industrial sources, an offi...
2018-10-31 08:20:31
"Low carbon shipping boosts new ship orders" [Shipbuilding]
An industry expert forecasted that shipbuilding sector could face the new order boom as global shipping business steps forward to a low carbon era.   Martin Stopford, non-executive president at Clarkson Research Services, attended th...
2018-10-31 08:19:50
HHI labor & management resume negotiation [General]
It emerged that the labor and management of Hyundai Heavy Industries (HHI) reached an agreement on October 29 at the office building of the Ulsan National Labor Relations Commission, Ulsan Metropolitan City, Korea, to resume negotiations between ...
2018-10-31 08:19:25
DSME expected to have surplus in 3Q [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) is expected to reveal the 3Q business results soon, before announcing its restructuring plan on November 15.   According to industrial sources, the Korean shipbuilding heavyweight p...
2018-10-31 08:19:02
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