General
FUGRO has adverse outcome in arbitration
Fugro Singapore announced on January 6th that an unfavourable outcome in its arbitration with Tasik Toba Subsea AS (“Tasik”). Fugro Singapore has been involved in arbitration proceedings with Tasik regarding the handing back to Tasik in Ma...
2020-01-09 09:21:06
Subsea 7 executive teams changed
Subsea 7 has recently announced changes to the Executive Management Team, effective from 1 January, 2020. John Evans is now in place as Chief Executive Officer, succeeding Jean Cahuzac who retired at the end of 2019. Jean remains on the Board ...
2020-01-07 09:31:52
Cho appointed as Hyundai Electric president
Hyundai Heavy Industries Group announced on December 26th that it has appointed Cho Seok, as the new president of HYUNDAI ELECTRIC & ENERGY SYSTEMS CO., LTD., which specializing in power equipment and energy solutions. Cho Seok was born in...
2019-12-27 08:52:02
Arnout Damen chosen as new Damen CEO
Damen Shipyards Group announced on December 23 that Arnout Damen will become the new CEO as of January 1. At the same time, the shipbuilding company is switching to a divisional structure to serve the market more effectively and efficiently. A...
2019-12-26 09:04:02
KR elects 24th chairman
The Korean Register of Shipping (KR) had an extraordinary general meeting on December 23 at the office building of the Korea Chamber of Commerce & Industry (KCCI), Seoul, Korea, and elected Lee Hyung-chul as its 24th chairman.  During...
2019-12-26 08:44:55
Ulsan completes 'shipbuilding offshore high-tech town&#...
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
DNV GL releases new report
A new report from DNV GL, the global risk management and quality assurance company, has identified the ten technology trends, and their associated risks, that will shape industry and society in the coming decade. The rapid advancement of digitali...
2019-12-06 09:39:10
Havyard Group CEO retires
Havyard Group announced on December 2 that Geir Johan Bakke and the board have agreed to terminate the employment relationship. He has been employed in Havyard Group since 2001, and has been CEO since 2004. Geir Johan Bakke has been central to...
2019-12-05 09:18:49
[Interview: Danfoss Group] "NB market to be recovered"
Danfoss Korea had a 'discussion meeting with global CEO' on October 30 at Millennium Hilton Seoul Hotel, Seoul, Korea. During the meeting for Danfoss Korea's key partner and customer companies, Kim Fausing, CEO of Danfoss Group, and board members...
2019-12-05 08:57:40
Transcosmos takes over Interest Design
Transcosmos inc. has recently announced that the company will complete the acquisition of all outstanding shares of Interest Design Inc. (Headquarters: Tokyo, Japan; President & CEO: Tadayuki Togashi). As a result, Interest Design Inc. will b...
2019-12-03 09:20:40
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