Uljanik Group suitors on the increase [Shipbuilding]
Struggling Croatian shipbuilder Uljanik Group now has an increasing number of potential buyers. Italy's Fincantieri and Croatia's Brodosplit have added to the list of potential buyers of Uljanik shipyard and 3. Maj shipyard under Uljanik Group...
2018-11-02 08:43:28
'12th Marine Money Forum' is held [Finance]
Under a partnership with the Export-Import Bank of Korea (KEXIM), the Korea Development Bank (KDB), the Korea Trade Insurance Corporation (K-sure), the Busan Economic Promotion Agency (BEPA) and Marine Money, Busan Metropolitan City hosted the 12...
2018-11-02 08:43:02
CMB plans to introduce hydrogen-powered ship [Equipment]
Compagnie Maritime Belge (CMB) has recently announced a plan to introduce hydrogen-powered ship as early as 2023.  CEO Alexander Saverys noted through an interview with foreign press that scrubber is not the right solution for global mari...
2018-11-02 08:42:30
Korea reveals shipbuilding support plan in Nov [Shipbuilding]
Sung Yun-mo, Minister of Trade, Industry and Energy of Korea, has recently noted that he will reveal countermeasures to vitalize his struggling compatriot auto-component and shipbuilding industries within November this year.  He said duri...
2018-11-02 08:41:05
"HHI may exceed expectation this year" [Shipbuilding]
Hyundai Heavy Industries (HHI) announced that the company might exceed yearly order intake expectation, citing its excellent results in Q3 thanks to LNGC demand growth. In a Q3 result conference call on October 31, HHI stated that its shipbuil...
2018-11-02 08:40:28
HMD logged KRW21.5bn profit in Q3 [Shipbuilding]
Hyundai Mipo Dockyard (HMD) announced on October 31 through a regulatory filing that it logged KRW582.2bn of revenue and KRW21.5bn of operating profit in Q3 this year. Revenue showed yoy 12.4% growth while operating profit got yoy 60% decrease. ...
2018-11-02 08:40:01
SHI revised yearly result prediction [Shipbuilding]
Samsung Heavy Industries (SHI) put up a regulatory filing containing revised 2018 result prediction, as its accumulated operating loss (KRW275.6bn) already exceeded its prediction, KRW240bn. The revised loss prediction went all the way up to K...
2018-11-02 08:39:30
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