HHI to build three new VLGCs for KOTC [Shipbuilding]
Kuwait Oil Tanker Co (KOTC) turns out to have ordered three VLGC newbuildings from Hyundai Heavy Industries in Korea. According to a report by KUNA on Sunday, the trio will cost KOTC around $213.3m in total. Sheik Talal Khaled Al-Ahmad Al-Saba...
2018-11-27 08:27:59
BW made an investment decision for Tortue phase 2 [Offshore]
BW Offshore of Norway revealed that it had made the investment decision for Tortue Phase 2 in its Q3 performance report on November 20. The phase 2 work of the project, which develops Tortue/Ahmeyim offshore gas filed in Mauritania and Senegal...
2018-11-27 08:27:31
Sapura-Afcons won ONGC offshore work [Shipbuilding]
A consortium formed by Afcons and Sapura Energy was awarded an EPC package for Central Processing Platform (CPP) of KG-DWN-98/2 cluster-2 operated by Oil and Natural Gas Corporation of India. The consortium received Notification of Award for the ...
2018-11-27 08:27:07
HMD ships certified as 'World Class' [Shipbuilding]
Two types of ships under construction at Hyundai Mipo Dockyard (HMD) yard is certified as the World-Class Product by the Korean government. HMD revealed that its Bangkok-max Container Carrier and Methanol Carrier are certified as World-Class P...
2018-11-27 08:26:17
HHI SCR approved as World-Class Product [Equipment]
Hyundai Heavy Industries’ SCR product is certified as one of the World-Class Products on November 23. World-Class Product certification is granted to products which currently ranks in top-five position in the global market share in the respe...
2018-11-27 08:25:54
A survey says China is closing to Korean edge [Shipbuilding]
A survey suggested that China is closing gaps with Korean technologies. Korea Economic Research Institute, an organization under The Federation of Korean Industries (FKI) recently argued that its survey targeting companies in the eight major e...
2018-11-27 08:25:16
BMEA sends trade mission to Russia [Shipbuilding]
The Busan Marine Equipment Association (BMEA) sends a trade mission to Saint Petersburg, Russia, during November 26-30. A total of 23 companies applied for the trade mission which has business opportunities with United Shipbuilding Corporation (U...
2018-11-27 08:24:51
Maersk promotes feeder order [Shipbuilding]
It seems that AP Moller-Maersk, which had recently released its 3Q business results and announced that there will be no large containership order for a while, is eyeing fleet expansion in feeder sector.   According to TradeWinds and ...
2018-11-27 08:24:27
EU to join WTO dispute between KOR & JPN [General]
While Japan is suing Korea at the World Trade Organization (WTO) claiming unfair government subsidies to the shipbuilding industry, the European Union (EU) also intends to join settlement process.  According to the WTO, the EU notified th...
2018-11-27 08:24:03
Busan calls for governmental supports [Shipbuilding]
Choi Byung-kook, Managing Director at the Busan Marine Equipment Association (BMEA), suggested introducing LNG-powered governmental vessels and supporting the relevant practical study during a debate which was held on November 23 on innovating re...
2018-11-27 08:23:36
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