Topaz ship won employment in renewable market [Offshore]
Topaz Energy and Marine (“Topaz”), a leading offshore marine logistics company, has signed a substantial agreement with a large north European contractor. The contractor will charter Topaz’s newbuild subsea vessel, Topaz Tangaroa, for work ...
2019-01-04 09:58:29
UniSea takes stakes in Yxney [Equipment]
UniSea, a leading provider of software tools for operational support and HSEQ to the offshore industry, has agreed to take part ownership of Yxney, an energy efficiency expertise with an impressive record of wins in it two-year history.  ...
2019-01-04 08:30:35
Equinor deepens in offshore wind in Poland [Offshore]
Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 20...
2019-01-04 08:29:13
[2019 New Year's Address] Imabari President, Yukito Hig... [General]
Yukito Higaki, President of Imabari Shipbuilding, stated in his New Year's greeting on January 1 2019 that “in 2018, the maritime industry continued its recovery from 2017 with Yen staying relatively weak. However, it seems the full-fledged rec...
2019-01-04 08:28:50
[2019 New Year's Address] SHI CEO Nam [General]
Nam Joon-Ou, CEO at Samsung Heavy Industries (SHI), presented new catch phrase 'new leap forward, first year of revival' on January 3 through his new year's address this year.  He said, "We need to focus on securing cost competitiveness a...
2019-01-04 08:28:28
[2019 New Year's Address] DSME CEO Jung [General]
"While global LNG trades and new orders for eco-friendly vessel are currently on a rapid increase, expectations are growing that shipbuilding industry will be bouncing back. However, optimistic view is still our enemy. There is growing concern ab...
2019-01-04 08:27:27
[2019 New Year's Address] HHI CEOs Han and Ka [General]
"We want all executive and staff members to make efforts to regain Hyundai Heavy Industries' (HHI's) status as the world's top shipbuilding and offshore company," Han Young-Seok and Ka Sam-Hyun, co-CEOs of HHI, said on January 3 in their new year...
2019-01-04 08:27:02
Korean ship exports expected to rise in 2H [Shipbuilding]
The Korean industry exported $605.47bn (5.5% y-o-y increase) and imported $534.99bn (11.8% y-o-y increase) last 2018, presenting the largest trade volume ever ($1.1405trn) and recording 10th consecutive profitable year with a trade balance of $70...
2019-01-04 08:26:32
KEXIM provided Korean operators with 800bn finances [Finance]
Among operators which received financial supports from the Export-Import Bank of Korea (KEXIM) last 2018, it turned out that the number of Korean ones surpassed that of non-Korean ones (for export).  According to the Korea Shipowners' Ass...
2019-01-04 08:26:07
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