HHI joins hands with KT for smart shipyard [Shipbuilding]
Top executives from Hyundai Heavy Industries (HHI) Group and KT Corporation, the largest telecommunications company in Korea, checked the construction status of '5G-based smart shipyard' and discussed enhancing their cooperation on December 16 at...
2019-12-17 08:49:32
Panasia awarded the Busan Export 'Grand Prize' [Equipment]
The Busan Metropolitan Municipal Government and the Busan Regional Headquarters of the Korea International Trade Association (KITA) said that they hold the Busan Trade Day event on December 16 to find the best export companies at the Grand Ballro...
2019-12-17 08:48:13
Ulsan raised money for five projects [Shipbuilding]
The Government of Ulsan Metropolitan City, Korea, has raised KRW 108.8bn (about $93m) to cover expenses for five projects in shipbuilding industry.   The five projects include ▲establishing 'S/W convergence cluster in shipbuilding ...
2019-12-17 08:46:55
KR provides its S/W programs to Greeks [Shipbuilding]
Korean Register (KR) has signed MOU with NATIONAL TECHNICAL UNIVERSITY OF ATHENS (NTUA) based in Athens, Greece on December 11. Under the MOU, KR will provide the Greek university with its software programs free of charge, including a ship struct...
2019-12-17 08:42:06
MHI is discussing sale of major shipyard [Shipbuilding]
Japan's Mitsubishi Heavy Industries (MHI) is reportedly discussing the sale of the Koyaki shipyard, one of its major shipyards in Nagasaki. MHI is currently discussing this sale and negotiating final prices with Oshima Shipbuilding, the countr...
2019-12-17 08:39:23
Aframax tankers rising in European region [Shipping]
Aframax tanker rates have soared to $100,000 level per day in the European shipping market. Market players reported that the rates for aframax tankers on the North Sea to European Continent route have risen by more than $40,000 to reach 111,00...
2019-12-17 08:37:11
Seabulk orders harbor tug quartet [Shipbuilding]
Seabulk Towing Holdings, a subsidiary of SEACOR Holdings, announced on December 11 that it has contracted with Alabama-based Master Boat Builders, Inc. for the construction of four 80 metric ton bollard pull harbor tugs with an expected delivery ...
2019-12-16 09:45:36
MAN ES develops new instructional material [Equipment]
MAN Energy Solutions has developed a new generation of instructional material with augmented reality and featuring a mix of different multimedia. MAN CEON is MAN Energy Solutions’ umbrella brand for all its digital products. Augmented realit...
2019-12-16 09:39:44
VIKING acquires FSR division of Drew Marine [Equipment]
With the acquisition of Drew Marine’s Fire Safety and Rescue (FSR) division, it turned out that VIKING increases its global volume, reach and technical competencies for marine firefighting equipment services (MFS). VIKING Life-Saving Equipme...
2019-12-16 09:36:56
Maersk-Halliburton-Petrofac in 'Seapulse' collabor... [Offshore]
Maersk Drilling announced on December 11 that it has signed agreements with Halliburton and Petrofac to collaborate on the exploration programme to be delivered under Maersk Drilling’s master alliance agreement with Seapulse. Under the allia...
2019-12-16 09:31:45
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