Damen holds surplus material auction [Equipment]
Damen Shipyards Group’s commitment to sustainability sees the company regularly considering new initiatives that can improve its environmental performance. The quest for ever-improved sustainability can lead to some unexpected initiatives. One ...
2018-11-28 08:50:19
Fincantieri intends to buy Uljanik [Shipbuilding]
It turned out that Fincantieri has got in on the race to take over Uljanik Group of Croatia in earnest. According to industrial source and foreign media outlet, Darko Horvat, Minister of Economy, Entrepreneurship and Crafts in Croatia, has rec...
2018-11-28 08:49:52
ADNOC seeks fleet expansion [Shipbuilding]
Abu Dhabi National Oil Company's (ADNOC's) shipping arm ADNOC Logistics has recently revealed its fleet expansion plan. Choi Gwang-Sik, an analyst at Hi Investment & Securities, forecasted that this year's crude productions in the United A...
2018-11-28 08:49:32
FKI places importance on public-private system [General]
The Federation of Korean Industries (FKI) had a policy seminar on 'the take off in overseas construction, shipbuilding and offshore industries' on November 26 at the FKI Tower, Seoul, Korea, noting that a public-private joint system like Japan's ...
2018-11-28 08:49:08
Fjords secures one more electric ferry [Shipbuilding]
The Fjords, a Norwegian ferry operator, is to add one more all-electric ferry on its fleet. According to industrial source and foreign media outlet, Norway's shipbuilder Brødrene Aa is now building 'Legacy of the Fjords', a ferry that is oper...
2018-11-28 08:48:37
2019 thick plate price negotiation to be initiated [Shipbuilding]
The shipbuilding industry and the steel industry are to initiate 2019 thick plate price negotiation from next month. The market heard that steel manufacturers including POSCO, Hyundai Steel, and Dongkuk Steel Mill are going to arrange a price ...
2018-11-28 08:48:13
STX Heavy changes largest shareholder [General]
STX Heavy Industries announced through a regulatory filing on November 26 that its largest shareholder is now Pine Tree Partners, instead of Korea Development Bank. Pine Tree Partners currently holds 66.09% of shores in the company. The compan...
2018-11-28 08:47:49
COSCO launched an LNG-powered offshore boat [Shipbuilding]
A Belgian offshore contractor DEME recently announced the launching of next-generation eco-friendly offshore construction vessel. The launching ceremony of the offshore installation vessel Orion was held at COSCO (Qidong) Offshore, an affiliat...
2018-11-28 08:47:26
Mac-Net & Busan have strategy forum [Shipbuilding]
Mac-Net (Maritime Cluster Networking in Korea) and Busan Metropolitan City have a forum on 'strategies for developing eco-friendly ships and enhancing shipbuilding and shipping businesses' at Haeundae Grand Hotel, Busan, Korea, on November 28.&nb...
2018-11-28 08:47:00
Sunny days expected for Korean shipbuilding in 2019 [Shipbuilding]
A report predicted the Korean shipbuilding industry to enjoy 5-10% yoy growth in export, production, domestic demand, and import. In its report published on November 26, The Korea Institute for Industrial Economics & Trade (KIET) predicted...
2018-11-28 08:25:53
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