HHIC exits capital impairment [General]
Hanjin Heavy Industries and Construction (HHIC) submitted a third-party audit report proving that the company ended its capital impairment. The company stated that “as the result of a third party audit, the total capital of the company as of...
2019-04-02 15:32:15
Sungdong’s taking a long walk to find a new owner [General]
It seems the disposal of Sungdong Shipbuilding & Marine Engineering, which has failed twice, would take more time. Changwon District Court announced that the advising company Samil PwC again tried the disposal through a stalking-horse bid,...
2019-04-02 14:51:25
Russian LNGC series materialize in June [Shipbuilding]
The Russian government has recently approved the NSR (Northern Sea Route) operation of 28 LNG carriers for Yamal LNG project. According to HI Investment & Securities and industry sources, only ships which have at least 15 years of charte...
2019-04-02 14:28:46
HHI-KDB starts due diligence on DSME [Shipbuilding]
Hyundai Heavy Industries (HHI) Group and KDB started due diligence on Daewoo Shipbuilding & Marine Engineering (DSME) on April 1. Sources told that the Group conducts due diligence on DSME, while KDB is conducting on HHI. The task forces o...
2019-04-02 13:44:32
Antwerp to produce sustainable methanol [Shipping]
Port of Antwerp is starting the year with an ambitious new project. By bringing various players in the port area together for sustainable production of methanol – an important raw material in the port – it is taking the next step in the trans...
2019-04-02 11:26:18
Kongsberg completes Rolls-Royce Commercial Marine acquisitio [Equipment]
Following European Commission approval, Kongsberg Maritime parent company Kongsberg Gruppen (KONGSBERG) has today completed the acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of Kongsberg Maritime, RRCM will operate under th...
2019-04-02 11:05:55
MHI selected for Rovuma LNG [Equipment]
Mitsubishi Heavy Industries, Ltd. (MHI) said that it has reached an agreement with ExxonMobil and its co-venture partners to supply H-100 gas turbine and compressor packages for the Rovuma LNG Phase 1 project in Mozambique. Subject to final inves...
2019-04-02 10:08:55
ClassNK releases its Cyber Security Approach [General]
Leading classification society ClassNK has released the ClassNK Cyber Security Approach which outlines its basic approach to ensuring onboard cyber security for ships. It was released alongside its Guidelines for Designing Cyber Security Onboard ...
2019-04-02 08:37:38
KHI delivered LPG carrier [Shipbuilding]
Kawasaki Heavy Industries, Ltd. announced today delivered the Maple Gas (Kawasaki hull no. 1738), a 82,200 m3 capacity liquefied petroleum gas (LPG) carrier, for Astomos Energy Corporation. This is the 57th LPG carrier and the 8th LPG vessel of t...
2019-04-02 08:36:54
L3 and Sonardyne introduce autonomous vessel products [Offshore]
L3 Technologies announced that together with Sonardyne International Ltd. it will offer 6G-enabled capability across its commercial autonomous vessel product range. L3’s C-Stat 2 and C-Cat 3 autonomous vessels will be offered factory-fitted ...
2019-04-02 08:35:17
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