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HHIC achieves good business results
[Shipbuilding]
Hanjin Heavy Industries and Construction (HHIC) announced on December 5 that the Korean conglomerate's Construction business division posted an operating profit of about KRW 26bn (approximately $21.9m) during the first nine months of 2019, repres...
2019-12-09 08:55:22
Ulsan completes 'shipbuilding offshore high-tech town...
[General]
The Ulsan city government held a ceremony to mark the completion of the "Shipbuilding Offshore High-Tech Town" at Techno Industrial Complex in Duwang-dong, Nam-gu, at 2 p.m. on Friday December 6. About 200 people attended the ceremony, includi...
2019-12-09 08:54:07
Shipowners hesitant to order newbuildings now
[Shipbuilding]
Many first generation double-hull tankers are turning their scrapping / recycling ages in the next couple of years, but shipowners are reluctant to order newbuildings for replacement now, amid uncertainties over regulation and technology. “S...
2019-12-09 08:48:54
Onomichi wins 1 BC
[Shipbuilding]
Wisdom Marine Lines has come to the newbuilding market again, placing an order for a handysize bulker from Onomichi Dockyard of Japan. The Taiwanese shipowner explained that the newbuilding will be built at Onomich Dockyard or Saiki Heavy Indu...
2019-12-09 08:46:14
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