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Dhirubhai -1 got contract extension
[Offshore]
Ocean Yield ASA ("Ocean Yield") currently has an option agreement with Aker Energy AS ("Aker Energy") for a long-term bareboat charter of the FPSO Dhirubhai -1. The option expires on 1st September 2019. Ocean Yield has agreed with Aker Energy ...
2019-08-22 08:21:29
Mocean Energy selects C-GEN technology
[Offshore]
Wave energy pioneers Mocean Energy have selected the University of Edinburgh’s C-GEN technology to provide the power take-off (PTO) for their first half-scale wave energy prototype. In January this year Mocean Energy secured £3.3 million fr...
2019-08-22 08:19:51
Korea sets up act on port air quality
[Shipping]
The Ministry of Oceans and Fisheries (MOF) of Korea has set up the enforcement ordinance and enforcement regulation draft of the 'special act on improving air quality in port area and so on' and will make a pre-announcement of legislation to enac...
2019-08-22 08:18:22
KCG-KOTRA to support small shipyards
[Shipbuilding]
The Korea Coast Guard (KCG) announced on August 20 that it entered into an agreement with the Korea Trade-Investment Promotion Agency (KOTRA) for increasing the exports of Korean small- and mid-sized companies in marine security business. With...
2019-08-22 08:17:55
Korea had talks to reduce yard accident
[General]
A briefing session was held on safety and health policy for partner companies of large shipyards in South Jeolla Province of Korea. The South Jeolla branch of the Korea Occupational Safety and Health Agency (KOSHA) and the Mokpo branch of the ...
2019-08-22 08:17:09
"POSCO still likely to raise steel price"
[Shipbuilding]
A Korean industry expert sees there is still a possibility of POSCO raising the price of thick plate for shipbuilding segment in the second half of 2019. Jeong Ha-neul, analyst at Korea Investment & Securities, noted on August 21, "T...
2019-08-22 08:15:44
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