Ships & Shipbuilding

SHI Wins Order for Two LNG Carriers Worth KRW 441.6 Billion

Samsung Heavy Industries announced on the 20th that it had won the order for two LNG carriers worth about USD 0.4 billion (KRW 441.6 billion) from Gaslog, a logistics company based in Monaco. [Picture] LNG carrier SHI built The LNG carriers will have a capacity of 174,000㎥ of LNG, and will be delivered by the…

New R&D Project to Help Enhance Maritime Safety

A new three year European Research Project, part funded by the EU has been launched to help increase safety on-board vessels. CASCADe, (model-based Co-operative and Adaptive Ship-based Context Aware Design) aims to address the lack of symbiosis which exists between current bridge design, operational procedures and the end user. In the maritime environment there is…

SHI Wins Order for Seven Container Ships Worth KRW 642.9 Billion

– SHI Wins Order for Seven 9,300TEU-Class Container Ships from CSAV, Chile – Received Orders Worth KRW 1.1 Trillion Just Two Days After an Order for Two LNG Carriers Worth KRW 462.3 Billion Won on 15th   [Picture] Container Ship SHI built Samsung Heavy Industries announced on the 16th that it won an order amounting…

SHI Wins Order for Two LNG Carriers Worth KRW 462.3 Billion

– Wins the Order for Two LNG Carriers from the Consortium of SK Shipping and Marubeni – SHI Has Now Won Orders for 108 of the 374 Units of LNG Carriers Ordered Globally, a Market Share of 29% [Picture] LNG Carrier SHI built Samsung Heavy Industries announced on the 15th that it had won the…

Eco Marine Power and AIMS Global Engineering Sign MOU

Eco Marine Power (EMP) announced today that it has signed a Memorandum of Understanding (MOU) with AIMS Global Engineering (AIMS) of Kuala Terengganu, Malaysia, to market and develop renewable energy solutions for shipping. Initially the companies will focus on a project to complete the detailed design of the Medaka eco-commuter ferry with the aim to…

Korea Maintains Edge in Global Shipbuilding Market

Korea’s shipbuilding industry kept its dominance in the global market despite a recession in the sector caused by oversupply and delayed recovery of the global economy, according to a tally available at the Ministry of Knowledge Economy. New vessel orders won by the country’s shipbuilders totaled 3. 31 million compensated gross tonnage (CGT) during the…

X-BOW Came Third

X-BOW came third in the Norwegian newspaper Aftenposten’s competition “Best Norwegian innovation since 1980” with 14% of the votes. The winner, with 33% of the votes, was GMS radio technology. The life-saving Ugelstad balls came second with 16% of the votes. There were eight innovations competing for the distinction “best innovation” via Ulstein Group.