CSSC-CSIC officialized merger [Shipbuilding]
The merger between two giant Chinese shipbuilding groups was just officialized. CSSC announced on July 1 through a regulatory filing that the company and CSIC are taking a strategic restructuring. It said that while the decision is still subje...
2019-07-02 15:36:37
HMM joins 'THE Alliance' coalition [Shipping]
Korean operator Hyundai Merchant Marine (HMM) jointed THE Alliance, a shipping coalition of German and Asian liners. It seems HMM’s 20 newbuildings of ultra-large containerships worth KRW3trn has impressed the members. HMM announced on J...
2019-07-02 15:05:12
HHI filed application for DSME merger [General]
Hyundai Heavy Industries (HHI) Group has started the process to secure official approval for DSME (Daewoo Shipbuilding & Marine Engineering) acquisition. Korea Shipbuilding & Offshore Engineering (KSOE) announced on July 1 that the com...
2019-07-02 14:30:14
HHI Group announced leadership change [People]
Hyundai Heavy Industries (HHI) Group appointed new leadership on July 1. The Group promoted Hyundai Construction Equipment (HCE) Senior Executive Director Jeong Jun-cheol to Senior Executive Vice President. Korea Shipbuilding & Offshore En...
2019-07-02 13:56:59
HHI Group announced leadership change [General]
Hyundai Heavy Industries (HHI) Group appointed new leadership on July 1. The Group promoted Hyundai Construction Equipment (HCE) Senior Executive Director Jeong Jun-cheol to Senior Executive Vice President. Korea Shipbuilding & Offshore En...
2019-07-02 13:55:47
Asian players set LNGC owning JV [Shipping]
Kawasaki Kisen Kaisha, Ltd. (hereinafter “K” Line), Taiwan Power Company (hereinafter Taipower), U-Ming Marine Transport Corporation (hereinafter U-Ming), and Kuang Ming Shipping Corporation (hereinafter Kuang Ming) have agreed to establish a...
2019-07-02 10:16:35
LNT A-BOX completed gas trials [Equipment]
Saga LNG Shipping and China Merchants Industry Holdings (CMIH) signed a contract for the 45,000m3-capacity LNG carrier in late 2015, with the yard subsequently entering into a license agreement with Singapore’s LNT Marine for the game-changing ...
2019-07-02 10:14:40
EGCSA release database for scrubber [Equipment]
With just six months until the entry into force of a global marine fuel sulphur cap of 0.50%, the number of ships fitted with exhaust gas cleaning systems (EGCS) by 1 January 2020 is set to be around 4,000. The EGCSA has today launched a free to ...
2019-07-02 08:37:21
ABS introduces advisory for marine fuel [Shipping]
ABS published its Advisory on Gas and Other Low Flashpoint Fuels providing guidance on available technologies, regulatory requirements and installation and operational considerations for adopting gas or other low flash point fuels. “The majo...
2019-07-02 08:36:04
Volvo Penta to charge ships on water [Equipment]
Volvo Penta has announced that it is to complete a feasibility study together with ABB in Sweden and Chalmers University of Technology in Gothenburg to evaluate technology concepts that can meet the challenge of providing fast charging of electri...
2019-07-02 08:34:53
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