Jeonnam TP had business meeting [Shipbuilding]
Jeonnam Technopark (TP) had a council meeting on April 18 at its office building, Yeongam, South Jeolla Province, Korea, with executives from member companies of the Daebul branch of Korea Industrial Complex Corporation (KICOX) and the Jeonnam Ma...
2019-04-24 08:33:01
LNG-fueled ships to account 60% of 2025 NB orders [Shipbuilding]
There is a forecast of over six of 10 newbuilds to be built equipped with LNG-fuel propulsion system in 2025 as the International Maritime Organization's (IMO's) global sulfur cap rule requires shipowners to burn 0.5% sulfur-compliant bunker fuel...
2019-04-24 08:32:33
SHI sees fine order intakes [Shipbuilding]
Samsung Heavy Industries (SHI) announced through a regulatory filing on April 22 that the Korean mammoth shipbuilder concluded a construction deal of an FPSO worth KRW 1.1trn (around $970m) with an Asian owner, on a condition of the approval of t...
2019-04-24 08:32:02
Offshore O&G investment to jump in 2019 [Offshore]
Halliburton of the US forecasts that this year's investment in offshore oil & gas segment will grow sharply.  The one of the world's largest oil field service companies has recently announced its 1Q business results, expecting total g...
2019-04-24 08:31:37
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