Revival plan passed for STX Heavy [Shipbuilding]
STX Heavy Industries attained an approval for its amended rehabilitation plan from the justice department on November 2. After obtaining approval for its rehabilitation plan on January 13 2017, the Korean conglomerate submitted amended program...
2018-11-12 08:32:23
FSG suspects there is sabotage [Shipbuilding]
Flensburger Schiffbau-Gesellschaft (FSG) turns out to have called in the police to investigate potential sabotage on a ferry it built.  According to industrial sources, the German shipbuilder has recently found that a valve in the cooling...
2018-11-12 08:31:57
Who’s taking SNE Subsea system deal? [Shipbuilding]
Subsea 7/OneSubsea consortium and TechnipFMC is competing in an EPC tender for the integrated subsea systems package to equip SNE field development in Senegal by Cairn Energy, industry observers said. According to sources, the $1bn package inc...
2018-11-12 08:31:32
KHI to weave LNGC management system [Equipment]
Kawasaki Heavy Industries (KHI) of Japan recently announced that it is providing its vessel operation management system SOPass to JERA, a joint venture between Tokyo Electric Power Company and Chubu Electric Power Company, for four LNG carriers. ...
2018-11-12 08:30:39
China demonstrates surprising endurance? [Shipbuilding]
The China Association of the National Shipbuilding Industry (CANSI) has recently announced statistics which summarize the performance its compatriot shipbuilding industry recorded from January to September this year.  According to the sta...
2018-11-12 08:30:09
DSME expecting Indonesian submarine contract [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) is expecting a considerable defense contract from Indonesia, according to sources. A market observer said that “DSME is going to sign an export deal for type 209 submarines, and the negotia...
2018-11-12 08:28:47
LPV approved by USCG [Equipment]
LATTICE Technology announced on October 31 that the Korean R&D company has received a formal letter (No. 16703/2018-885) from the U.S. Coast Guard (USCG), which indicates that its LPV (Lattice Pressure Vessel) fuel tank is approved for use in...
2018-11-12 08:28:13
Ulsan to learn German lessons [Offshore]
Ulsan is benchmarking Germany’s successful cases in integrating shipbuilding industry and offshore wind industry. Ulsan mayor Song Cheol-ho has visited offshore wind port at Bremerhaven, Germany on October 30. He and delegates visited Offsho...
2018-11-12 08:27:49
Korea exceeded 10m cgt, first in three years [Market Information]
During January to October period, global newbuilding order recorded 23.05m cgt, which is more than double of the same period in 2016. And Korea took 10.26m cgt, or 45% of market share, claiming the global top place. According to Clarksons, Kor...
2018-11-09 16:48:56
Royal Australian Navy orders bridge simulator from Kongsberg [Equipment]
Kongsberg Digital has been selected to deliver and support a suite of sophisticated K-Sim Navigation ready ship’s bridge simulators for the Royal Austalian Navy. The contract will enable the Royal Australian to significantly increase its traini...
2018-11-09 08:44:12
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