HHI officially signs acquisition of DSME [Photo News]
Hyundai Heavy Industries (HHI) Group and KDB signed a deal for the acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) on March 8 in the presence of heads of both companies. HHI Holdings Vice Chairman Kwon Oh-gap, HHI CEO Ka Sa...
2019-03-08 16:08:41
DSME appoints new leadership [People]
Daewoo Shipbuilding & Marine Engineering announced on March 8 that it nominated Vice President Lee Sung-geun as a new CEO. Lee graduated from Seoul National University and has built his career in DSME since 1979. During DSME management nor...
2019-03-08 16:00:32
DSME appoints new leadership [General]
Daewoo Shipbuilding & Marine Engineering announced on March 8 that it nominated Vice President Lee Sung-geun as a new CEO. Lee graduated from Seoul National University and has built his career in DSME since 1979. During DSME management nor...
2019-03-08 15:59:14
HHI officially signed acquisition of DSME [General]
Hyundai Heavy Industries (HHI) Group and KDB signed a deal for the acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) on March 8 in the presence of heads of both companies. HHI Holdings Vice Chairman Kwon Oh-gap, HHI CEO Ka Sam-Hy...
2019-03-08 15:38:10
Korea to aid construction of ocean-going ships [Shipbuilding]
The Ministry of Oceans and Fisheries (MOF) of Korea is planning to aid the construction and conversion of over 180 units of ocean-going ships this year to revitalize Korean shipping industry, expanding the industry’s revenue to KRW37trn. The Mi...
2019-03-08 15:10:45
Rates plummeting sharply so far this year [Shipping]
Early 2019 market is witnessing a sharp drop in shipping rates. Clarksons analyst Sarah Holden commented that Clarksons’ shipping index ClarkSea index (cross-sector) has dropped by 40% as of mid-February compared to the peak in December. Hol...
2019-03-08 14:20:09
MAN compressor for the Baltic energy market [Equipment]
For MAN Energy Solutions Switzerland Ltd, "Baltic 2018" is the first order within the Baltic Energy Market Interconnection Plan (BEMIP), the most important energy supply initiative for the Baltic region. "We are very proud to have convinced our c...
2019-03-08 11:53:47
DNV GL paves way to supersized turbine blades [Offshore]
DNV GL released an in-depth study, commissioned by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory, which examines the challenges associated with manufacturing and deploying next-generation, increasingly larger land-based ...
2019-03-08 11:05:35
Carnival releases third-party study to advocate scrubbers [Equipment]
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest leisure travel company, released the results of an independent, two-year scientific wash-water study that shows the company's Advanced Air Quality Systems are a safe a...
2019-03-08 10:22:16
MAN ES won boxship 'LNG' conversion deal [Equipment]
MAN Energy Solutions has signed a contract  for the conversion of a 15,000 TEU container vessel to dual-fuel operation. The container vessel MV SAJIR is owned by Hapag-Lloyd, one of the world's leading liner shipping companies, and normally ...
2019-03-08 08:39:35
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