"HFO may cause serious problems" [Shipbuilding]
An analyst argued that HFO usage with scrubber might cause serious corrosion problems, leaving LNG as the best option for marine fuel. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, commented in November 14 report that “re...
2018-11-16 08:40:14
Korea feels warm breeze from Greece [Shipbuilding]
It turned out through statistics that Korean shipbuilding industry has benefitted from an LNG carrier order boom in Greece.   Clarkson Research recently released a report and noted that LNG carrier contracting has been firm in 2018 s...
2018-11-16 08:39:50
DSME revising restructuring plan? [Shipbuilding]
It seems Daewoo Shipbuilding & Marine Engineering (DSME) is reviewing its restructuring plan. DSME CEO Jung Sung-Lip commented in a press conference on November 15 that “while it is true that we had planned to reduce the workforce to 9,0...
2018-11-16 08:39:14
The base effect may make a dent in 2018 [Shipbuilding]
While the Korean shipbuilding is expected to enjoy replacement demands from increasing scrapping activity, the base effect may drag its order intake by 2% at $21.4bn, according to a recent report. During the 2020-2022 period, the industry is expe...
2018-11-16 08:38:49
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