General
Singapore Maritime Institute held R&D forum
Over 170 leaders from the maritime industry, including industry associations, business and technology leaders, institutes of higher learning (IHLs), research institutes and government agencies took part in the annual Singapore Maritime Institut...
2019-10-14 08:54:27
Austal eyeing Subic assets
Australian shipbuilder Austal is likely to enter the competition for Subic shipyard in consortium with Cerberus Capital Management, a US investor.   Sources said that the consortium will submit the bidding by October 31, and the negotiatio...
2019-10-11 15:40:03
BOURBON got offer for takeover
As part of the reorganization proceedings opened since August 7, 2019 by the Marseilles Commercial Court to the benefit of BOURBON Corporation and its affiliate BOURBON Maritime, Court Administrators have received a takeover offer. This offer mad...
2019-10-11 08:50:25
DHI-Tongyeong ink deal to buy SPP Shipbuilding
DHI Co., Ltd., a Korean ship component provider, entered into an investment agreement with Tongyeong City on October 8 to take over its compatriot shipbuilder SPP Shipbuilding, spending KRW 50bn in setting up new facilities and hiring 600 new emp...
2019-10-11 08:31:20
MAN-Kongsberg join hands for common data infrastructure
KONGSBERG and MAN Energy Solutions have signed a Memorandum of Understanding with the purpose of exploring the potential for collaboration on a common data infrastructure for the maritime sector. The collaboration will broaden the value offering ...
2019-10-10 10:45:59
ClassNK releases "Guidelines for Remote Surveys"
Leading Classification Society ClassNK has released “Guidelines for Remote Surveys” in preparation for carrying out remote surveys (*1) using ICT (Information and Communication Technology) (*2). The guidelines outline requirements to apply to...
2019-10-10 08:39:24
KSEO posted suspended operation at HSHI
Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) posted on October 2 through a regulatory filing that its subsidiary yard Hyundai Samho Heavy Industries (HSHI) suspended production due to a strike. The production ...
2019-10-04 15:03:50
SBM to participate in ownership auction
Following the public sale notice by Serviços de Petróleo Constellation S.A. (“Constellation”), formerly Queiroz Galvão Óleo e Gás S.A., of its equity ownership in the lease and operating companies related to five Brazilian FPSOs, SBM Off...
2019-10-04 08:43:41
Sungdong's 4th efforts for M&A
Sungdong Shipbuilding & Marine Engineering made its fourth public notice for merger & acquisition (M&A) on September 30. This came after earlier failed attempts through a stalking-horse bid.  According to the public notice, le...
2019-10-02 08:19:47
LHE invests a fortune for automation
World-leading heat exchanger manufacturer LHE announced that it is investing KRW10bn to set new equipment (automated heat exchanger plate production line with 25,000t press) at its Gimhae factory.   LHE explained that the installation woul...
2019-10-01 15:09:40
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