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HHI finally reaches 2018 wage agreement
[General]
The labor union and management of Hyundai Heavy Industries (HHI) made 2018 wage and collective agreement on February 20. It is after nine months since the first round of negotiation in May 2018. The HHI labor union called for the yeas an...
2019-02-21 14:23:46
CSA 2020 voices against EC's stance
[Equipment]
The Clean Shipping Alliance 2020 (CSA 2020) today expressed strong concerns about a proposal submitted by the European Commission (EC) which urges the International Maritime Organization (IMO) to change its Exhaust Gas Cleaning System (“scrubbe...
2019-02-21 11:45:30
GE to supply gas turbine equipment for Indian Frigates
[Equipment]
GE Marine will provide gas turbine auxiliary equipment for the LM2500 engines that will power the Indian Navy’s new P17A frigates. This contract is with India-based Mazagon Dock Shipbuilders Limited (MDL) and Garden Reach Shipbuilders and...
2019-02-21 11:15:59
SHI adds four LNGCs with higher price tags
[Shipbuilding]
Samsung Heavy Industries (SHI) announced on February 21 through a regulatory filing that the company won four LNG carriers worth around KRW870bn from an American owner. The ships would be delivered by September 2022. The contract was signed on...
2019-02-21 11:02:43
New JV formed for O&G automation solutions
[Offshore]
Rockwell Automation (NYSE: ROK), the world’s largest company dedicated to industrial automation and information, and Schlumberger (NYSE: SLB), the world's leading provider of technology for reservoir characterization, drilling, production, and ...
2019-02-21 10:47:39
MOL inspects vessel bottom using drone
[Equipment]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that it partnered with Sekido Co., Ltd. (President: Takayuki Oshita; Headquarters: Kunitachi-shi, Tokyo) and MOL Marine Co., Ltd. (President: Fukuichi Yamada; Headqua...
2019-02-21 08:17:54
Hatteland-Elektronix merge to form Hatteland Technology
[Equipment]
Leading maritime display and computer manufacturer Hatteland Display has announced that it is merging with advanced technology solutions provider Elektronix. Under the terms of this unification, the two subsidiaries of the EMBRON group will now b...
2019-02-21 08:17:12
EXMAR opts for LuminUltra QGA kit
[Equipment]
Belgium-headquartered EXMAR Ship Management has selected the LuminUltra Quench-Gone Aqueous (QGA) test kit to monitor the quality of the drinking water produced onboard the LPG FSO NKOSSA II. The decision follows the success of the QGA solutio...
2019-02-21 08:16:38
BMEA holds discussion for equipment industry
[Equipment]
The Busan Marine Equipment Association (BMEA) invited Kim Do-eup, a member of the National Assembly, and had a discussion on advancing Korean shipbuilding and offshore equipment business on February 19 with 20 representatives from the industry be...
2019-02-21 08:15:17
Competitiveness of open-loop scrubber
[Column/Contribution]
As the ban on the use of open-loop scrubbers is recently growing around ports in Singapore, China and Arab Emirates, the global scrubber boom slows down. Among new vessels built by eight large-sized shipyards in Korea, the Korean Register of S...
2019-02-21 08:14:45
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