'Sea Japan 2018' ended in great success
It turned out that 'Sea Japan 2018', which was held at Tokyo Big Sight Exhibition Center, Japan, during April 11-13, drew more than 20,000 visitors, hitting an all-time high. Sea Japan is the biggest international maritime exhibition and...
4th Paik Jeom-Kee winner announced
Pusan National University of Korea said on April 19 that C. Rigby of BMT Defence Services was announced as winners of Jeom Kee Paik Prize, established by the Royal Institute of Naval Architects (RINA), to honor the research accomplishments of Pro...
DSME: Jung serves another term as president
Jung Sung-Leep finally took his another office to lead Daewoo Shipbuilding & Marine Engineering (DSME) by 2021. DSME, in its extraordinary board of directors on April 20, decided Jung’s reappointment as the president of DSME for another ...
China opening shipbuilding to foreigners
The Chinese government revealed its policy to abolish share-holding limits in the shipbuilding, automobile, and airplane manufacturing industry for foreign investors. The limits on shipbuilding including design, manufacturing, and repair will ...
HHI union preparing wage boost demand
Korean Metal Workers’ Union (KMWU)’s Hyundai Heavy Industries (HHI) branch determined this year’s wage demand at its extraordinary meeting of representatives. The union demanded KRW146,746 of pay raise and the new standard for the bonus ...
The first in-house scaffold trainer born
The first-yard in-house scaffold trainer is born. Korea Scaffolding Institution (KSI) announced on April 18 that the first 14 scaffold trainers finished their program complying with Korean Shipyards Safety Standardization (KSSS). For past t...
Decision made soon on Sungdong's receivership
A decision will be made sooner or later on whether to put Sungdong Shipbuilding and Marine Engineering under court receivership. The Korean debt-ridden shipbuilder filed for a court receivership to Changwon District Court on March 22. Wh...
STX preparing unpaid leave
STX has received applications for voluntary retirement again this year, but only a few have applied. STX O&S revealed that the company received the application from April 16 to 17 for retirement and outsourcing, to receive 13 application (...
BP sets out its commitment to a low carbon future
BP published a new report setting out its commitment to a low carbon future and to helping meet the dual challenge of providing the increasing energy the world demands while at the same time working to reduce greenhouse gas emissions. “The...
HMD goes voluntary retirement too
With its sister company Hyundai Heavy Industries (HHI), Hyundai Mipo Dockyard (HMD) is also going to the voluntary retirement program. According to HMD, the company is receiving the application for voluntary retirement since April 16. The m...
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