CSSC and Shanghai join forces for maritime industry [Shipbuilding]
China State Shipbuilding Corporation (CSSC) recently signed a strategic cooperation agreement with Shanghai Municipal Government. Both sides will jointly promote ship and offshore engineering and other high-valued services in Shanghai. Accordi...
2018-12-14 08:30:43
CHI finalizes LR2 newbuilding contracts [Shipbuilding]
Singapore-based First Ship Lease Trust (FSL Trust) has signed formal contracts for two new LR2 tankers with a Chinese state-owned shipbuilder. The shipowner signed letters of intent (LOI) with COSCO Shipping Heavy Industry(CHI) (Yangzhou) earl...
2018-12-14 08:30:19
FSG inks Ro-Ro vessel duo [Shipbuilding]
German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) has recently won two Ro-Ro ferries from Siem Car Carriers. According to broker industry sources including Clarksons Platou, the two 4,000-lane meter newbuilds are slated for delivery ...
2018-12-14 08:29:52
SHI appoints new executives [People]
Samsung Heavy Industries (SHI) appointed new executives leadership for 2018 operation on December 13. The Korean conglomerate explained that it has appointed three Executive Vice Presidents (Kim Dong-sul, Lim Bong-suk and Jun Hong-sik) and fou...
2018-12-14 08:29:27
SHI appoints new executives [General]
Samsung Heavy Industries (SHI) appointed new executives leadership for 2018 operation on December 13. The Korean conglomerate explained that it has appointed three Executive Vice Presidents (Kim Dong-sul, Lim Bong-suk and Jun Hong-sik) and fou...
2018-12-14 08:28:49
HMD expected to win LNG-fueled car ferries [Shipbuilding]
A Korean industry expert has recently forecasted that demands for the use of LNG fuel in car ferry sector where Hyundai Mipo Dockyard (HMD) has recently seen rising new order sales will increase, considering the current demands for an investment ...
2018-12-14 08:28:03
HHIC wins MTB duo [Shipbuilding]
Hanjin Heavy Industries & Construction (HHIC) has recently announced that its Yeongdo Shipyard signed a contract worth KRW 68bn (approximately $60.55m) with the Defense Acquisition Program Administration (DAPA) of Korea for building the third...
2018-12-14 08:27:25
HHI Group achieves 2018 order goal faster [Shipbuilding]
Hyundai Heavy Industries (HHI) Group announced on December 13 that it signed a contract with the Defense Acquisition Program Administration (DAPA) of Korea for building two 2,800-ton frigates worth KRW 633.5bn (approximately $564m) in total. ...
2018-12-14 08:26:54
Mood heating up for Sungdong sell-out [General]
The tendering schedule of Sungdong Shipbuilding & Marine Engineering disposal gets a month of extension to provide enough time for increasing potential buyers. The industry says that the seller party of Sungdong and the local court has del...
2018-12-14 08:26:21
SHI clinches new LNGC deal [Shipbuilding]
Samsung Heavy Industries (SHI) announced through a regulatory filing on December 13 that the Korean shipbuilding heavyweight has won one new LNG carrier worth $187m from an Oceanian operator. The contract runs from December 12 this year until ...
2018-12-13 10:38:26
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