Ulsan attracted autonomous navigation center
Ulsan city announced that it is selected by the Ministry of Trade, Industry and Energy (MOTIE) of Korea for ‘Smart Autonomous Navigation Test Center,’ in a competition between five entities. The development project costs around KRW44.5bn t...
Arcadia signs ABS asset management
Arcadia Shipmanagement Co. Ltd. selected ABS Advanced Solutions to implement an Enterprise Asset Management (EAM) Program to further enhance the reliability of its 15 tanker fleet. “Arcadia Shipmanagement Co. Ltd.’s implementation of the A...
MOL to Issue green bonds
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced a plan to issue green bonds (its 20th and 21st series unsecured corporate bonds) through a public offering in Japan's domestic market. It also announced the acquisiti...
Fincantieri-MER MEC agreed on acquision of Vitrocise
Fincantieri, one of world’s leaders in shipbuilding, and Mer Mec,world leader in measuring trains and safety systems – company belonging to the Angelgroup of Vito Pertosa, a high-tech industrial player that designs and develops high-tech solu...
Dayang secures new cavalry
Jiangsu-based machinery manufacturer SUMEC Group is participating in Yangzhou Dayang Shipbuilding with compatriot partner, Yangzhou Yunhe Xincheng Construction. According to industry sources and foreign media, SUMEC and Yunhe Xincheng are prov...
SHI selects AWS as its preferred cloud provider
Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Samsung Heavy Industries selected AWS as its preferred cloud provider to support its digital transformation. Samsung Heavy Industries is turning to AWS’s ex...
New buyer for Sungdong emerges
A group of citizens established an organization aiming to buy distressed Sungdong Shipbuilding & Marine Engineering through the participation of local community investors. The group of around 10 investors, including former Tongyeong mayor,...
Would Singapore retrieve its offshore heyday?
While the maritime industry is welcoming long-waited recovery, it seems Singapore needs much more to retrieve its past glories in the offshore industry. The Singaporean industry, which has been struck hard since 2014 from plummeting oil price,...
CJC strengthens teams in London and Singapore
Specialised international shipping law firm Campbell Johnston Clark (CJC) has announced new senior appointments to the Admiralty and Casualty teams in its London and Singapore offices. Paul Apostolis is joining CJC’s Singapore office f...
"Need to set up autonomous ship test center in Geoje"
Kim Han-pyo of the Liberty Korea Party has recently urged Minister of Trade, Industry and Energy Paik Un-gyu to set up the 'test run center for smart autonomous ship' in Geoje City, South Gyeongsang Province, Korea. The two Korean giant ...
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