Ominous signals hovering over the market recovery
Clarksons added a voice to the market’s growing concern over bad influences the global economy might inflict on the maritime industry. A report, written by Frode Morkedal, Erik Hovi, and Henriette Vevstad at Clarksons Platou Securities...
Kongsberg wins LTSSP deal with AMC
Kongsberg Digital AS has cemented its long-standing position as the primary supplier of simulation software and hardware to the Australian Maritime College (AMC), with the recent confirmation of a new Long-Term System Support Program (LTSSP). ...
SHIN shortlisted in 'Shipyard of the Year'
Samsung Heavy Industries Nigeria Ltd. (SHIN), a Vietnamese arm of Samsung Heavy Industries (SHI), has been nominated for the '2019 Seatrade Maritime Awards' in the categories of ▲Shipyard of the Year ▲Education and Training Award ▲Contribut...
Construction of HHI R&D center begins in 4Q
The construction of Hyundai Heavy Industries (HHI) Group's 'Global R&D Center (GRC)' is expected to begin in the fourth quarter of 2019. According to industrial source, the construction of HHI Group's GRC is due to begin as early as ...
Ouhua found a new owner in China
Chinese private shipyard Zhoushan Changhong International Shipyard has acquired a bankrupted compatriot yard, Zhejiang Ouhua Shipbuilding, at CNY958m ($136m), sources said. Zhoushan Changhong is owned by a JV New Changjiang Group and state-run CI...
BHGE won works for Calcasieu Pass
Baker Hughes, a GE company (NYSE: BHGE) announced that it has been awarded a contract and granted notice to proceed on the construction of its comprehensive LNG technology solution for Venture Global LNG’s Calcasieu Pass project. The final n...
Sailors’ Society welcomes new Greek Ambassador
Sailors’ Society has welcomed a new Greek Ambassador to its fold ahead of the maritime charity’s plans to further expand its existing work in Greece. Costis Frangoulis, CEO, President and Founder of Franman, which provides ship building, c...
Wallem-managed bulker rescues fishermen
ISL Star, a bulk carrier managed by Wallem Group, together with the U.S. Coast Guard successfully retrieved a crew of eight Indonesian fishermen adrift for over a week after their boat lost power in the middle of the western Pacific. The Hallelu...
Korea had talks to reduce yard accident
A briefing session was held on safety and health policy for partner companies of large shipyards in South Jeolla Province of Korea. The South Jeolla branch of the Korea Occupational Safety and Health Agency (KOSHA) and the Mokpo branch of the ...
HHI labor union to go on partial strike
In line with the announced general strike of the Korean Metal Workers' Union (KMWU), the labor union of Hyundai Heavy Industries (HHI) is to call partial strike for three hours on August 21. The HHI workers had a meeting on August 19 and...
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