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Ship Building & Recycling

MOL Orders 2 Next-generation ‘EeneX’ Coal Carriers

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the company has ordered two 'EeneX' next-generation coal carriers from Oshima Shipbuilding Co., Ltd. (President: Eiichi Hiraga; Headquarters: Saikai City, Nagasaki...

Analyst: Fuel costs set to double, box lines rush for scrubbers

With high-sulfur fuels currently around half the price of low-sulfur options, container lines are rushing vessels to shipyards to get scrubbers fitted ahead of new International Maritime Organization (IMO) rules that become mandatory at...

DSME Lands US$380 Mil. Order for 3 Ships

Daewoo Shipbuilding & Marine Engineering (DSME) has won a US$380 million order for three high-value-added vessels including one LNG carrier. DSME announced on Dec. 9 that it received an order for one LNG carrier and...

SKT, Samsung Heavy succeed in testing 5G-based remote control ship

SK Telecom Co., South Korea's leading telecommunications operator, and Samsung Heavy Industries Co., a major shipbuilder, said Tuesday their 5G-powered remote control ship operation test was successful. A 3.3-meter model ship made by Samsung Heavy...

ABS and DSME Sign Digitalization and Decarbonization JDP Agreement

ABS and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have signed a joint development project (JDP) agreement to explore decarbonization and digitalization strategies for Very Large Crude Carriers (VLCC) and Ultra Large Container...

Ballast Water Management – new requirements and operational challenges

This statutory news provides a summary of relevant guidance on various aspects of ballast water management such as on new IMO requirements for biological testing by sampling at commissioning of ballast water management systems...

Exclusive: Hyundai’s $1.8 billion shipbuilding deal with Daewoo faces full EU probe – sources

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s (267250.KS) $1.8 billion merger with rival shipbuilder Daewoo (042660.KS) will face a full-scale investigation in Europe due to serious EU antitrust concerns, two...

Maran Gas orders seventh LNG carrier from DSME

Greek shipowner Maran Gas Maritime has ordered another LNG carrier from Daewoo Shipbuilding and Marine Engineering (DSME), its seventh such purchase from the South Korean firm this year. The tanker will have capacity of 174,000m³,...

Daewoo Shipbuilding bags US$380 mln order for 3 ships

Daewoo Shipbuilding & Marine Engineering Co., a major shipbuilder in South Korea, said Monday it has secured a US$380 million order from Greece's Angelicoussis Shipping Group to build three vessels. Under the deal, Daewoo Shipbuilding...

Hyundai Heavy says trying to allay Singapore concerns over Daewoo shipyard merger

Hyundai Heavy Industries Holdings Co Ltd (267250.KS) said on Wednesday it is working with Singaporean regulators to alleviate concerns of its $2 billion merger with rival shipbuilder Daewoo crimping competition in the Southeast Asian...