HSD Engine inks deal with POSCO [Equipment]
HSD Engine of Korea signed a contract with its compatriot steel giant POSCO on May 31 for the supply of denitrification catalyst for sintering furnace.   With the latest deal, POSCO is expected to reduce ultrafine particles in its si...
2019-06-07 08:47:57
Korean ship exports up by 44.5% in May [Shipbuilding]
Last May, Korea posted exports of $45.91bn, down by 9.4% year-on-year, as well as imports of $43.64bn, representing a 1.9% y-o-y downturn. As a result, the country achieved the 88th consecutive profitable month with a trade balance of $2.27bn.&nb...
2019-06-07 08:47:17
HHIC receiving retirement application [Shipbuilding]
Hanjin Heavy Industries and Construction (HHIC) is receiving applications for voluntary retirements amid its normalization efforts. HHIC stated that the company is receiving applications for “voluntary retirements with up to 12-month compens...
2019-06-05 15:40:18
Seaspan in LNG portfolio development [Shipbuilding]
Canadian company Seaspan is empowering its LNG-related businesses for more diverse cash source. Company CEO Bing Chen said in a recent interview that the market interest in LNG-fueled and dual fuel vessels is growing, and Seaspan wants to expa...
2019-06-05 15:19:05
Qatar extended LNGC fleet tender [Shipbuilding]
Qatargas, an affiliated company of Qatar Petroleum, has extended the proposal deadline for 40+40 LNG carriers from May 27 to June 17. Sources told that yards are facing difficulties in pricing the ships, as the earliest delivery should be in 2...
2019-06-05 14:57:30
DSME envisioning digital twin applications with partners [Shipbuilding]
DSME envisioning digital twin applications with partners Daewoo Shipbuilding & Marine Engineering (DSME) announced on June 5 that the company and partners including Korea Maritime and Ocean University (KMOU), NAPA, and AVL LIST signed stra...
2019-06-05 14:45:48
PureSOx provides future-proof answer [Equipment]
Alfa Laval PureSOx gives customers the option of scrubbing in closed loop, either by choosing a fully equipped hybrid system or by installing a hybrid-ready system that can be upgraded for closed-loop operation later. With the launch of a modular...
2019-06-05 10:51:42
ABB Ability integrates DP2 features [Equipment]
ABB adds dynamic positioning 2 (DP2) functionality to ABB Ability™ Marine Pilot Control, the solution that enhances vessel command execution and enables operators to focus on safer maneuvering Designed to optimize vessel responsiveness, effi...
2019-06-05 10:49:58
LR supports offshore community in China with AiP [Offshore]
LR has presented Shanghai Merchant Ship Design and Research Institute with approval in principle (AiP) for a J-lay heavy lift vessel concept design. The vessel’s primary function will be deep-water pipe-laying, subsea installation and heavy lif...
2019-06-05 10:48:55
DNV GL emphasizes safety at Nor-Shipping [Offshore]
At its Nor-Shipping press conference in Oslo, DNV GL - Maritime CEO Knut Ørbeck-Nilssen emphasized the classification society’s dedication to maritime safety. Although shipping losses have declined over the last decade, challenging markets, de...
2019-06-05 08:49:40
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