"Split sale of Sungdong means loss of competitive edge" [Shipbuilding]
Korean local commerce and industry players requested for withdrawal of the split sale plan on Sungdong Shipbuilding & Marine Engineering. Chamber of Commerce and Industry in Tongyeong, South Gyeongsang Province, where the Korean middle-sta...
2018-11-23 08:41:16
COSCO won up to nine pulp carriers. [Shipbuilding]
COSCO Shipping Specialized Carriers under China Ocean Shipping (Group) Company (COSCO) has ordered some multipurpose pulp carriers at COSCO Shipping Heavy Industry (Dalian) shipyard. According to foreign media and industry, the company has ord...
2018-11-23 08:40:40
Korea government seeking to supplement 52-hour policy [Shipbuilding]
The Prime Minister of Korea Lee Nak-yeon has ordered the Ministry of Employment and Labor (MOEL) to complement 52-hour work policy. In a meeting on the day, the Prime Minister commented that the shipbuilding industry is facing difficulties due...
2018-11-23 08:40:03
New Dayang inks LOI for up to 12 BCs [Shipbuilding]
China Development Bank Financial Leasing(CDB FL) turns out to have signed a letter of intent (LOI) with its compatriot New Dayang Shipbuilding for construction of up to 12 bulkers.  According to industrial source and foreign press, the ...
2018-11-23 08:39:38
JMU nets BC duo from Norway [Shipbuilding]
Japan Marine United (JMU) has been awarded two Kamsarmax bulkers by Kristian Gerhard Jebsen Group (KGJG) of Norway.  According to industrial source and foreign press, the 82,000 dwt newbuilds will be operated by Bulk Trading Group, a join...
2018-11-23 08:38:59
Korea announces shipbuilding revival plan [Shipbuilding]
The Ministry of Trade, Industry and Energy (MOTIE) of Korea revealed a plan for enhancing the vitality of domestic shipbuilding and equipment industries on November 22 at Central Government Complex, Seoul, Korea.  Under the plan, a total ...
2018-11-23 08:38:31
Korean players promote win-win cooperation [Shipbuilding]
Key players in Korean shipbuilding industry such as the Ministry of Trade, Industry and Energy (MOTIE), five local governments from Busan Metropolitan City, Ulsan Metropolitan City, South Gyeongsang Province, North Jeolla Province and South Jeoll...
2018-11-23 08:19:07
STX O&S sold off assets, finalizing MR contracts [General]
STX Offshore & Shipbuilding announced on November 21 that it had completed the disposal of its non-operating assets by selling its Haengam factory, thus increasing the possibility for RG issuance on 3+2 50K product/chemical tankers the compan...
2018-11-23 08:18:38
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