Wisdom Marine raises funds [Shipbuilding]
Wisdom Marine has recently announced that the Taiwanese operator raises about $71m from the sale of bonds and new shares for newbuilding and retrofit projects.  According to foreign press and industrial source, the company is said to rais...
2019-04-09 08:29:48
LGM targets CHN&JPN electric engine markets [Equipment]
LGM, the only provider of electric system for ship in Korea, has recently announced that Ichiro Morino (President of SAKAGAWA Electric) represented Tokushima in the Waterfront Development Association of the Japanese Ministry of Land, Infrastructu...
2019-04-09 08:28:54
Ship exports see uptrend in Mar [Shipbuilding]
The Korean whole industry exported $47.11bn (down by 8.2% year-on-year) and imported KRW 41.89bn (down by 6.7% y-o-y) last March, achieving the 86th consecutive profitable month with a trade balance of $5.22bn.   According to the Min...
2019-04-09 08:28:16
"Up to 80 LNGs needed in China" [Shipbuilding]
It is forecasted that demands for 60-80 additional LNG carriers will be created in China which is one of the largest LNG import countries.  Shu Binglin, General Manager at China LNG Shipping (International) Co (CLSICO), attended the 'LNG2...
2019-04-09 08:27:41
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