Author: adrian

Maritime Cluster Networking in Korea (Mac-Net) Hosted Seminar on Digital Platform for Vessels

On November 23rd, Mac-Net hosted ‘Digital Platform of Vessels and Smart Ship 2030’. While more than 200 professionals from the related industries, academia, government departments participated in this seminar, presentations and open discussions were held under the topic of ‘The Present Situation and Future Challenges of the Fourth Industrial Revolution.’

Opens New Route of Korea-China-Russia

In collaboration with Sinokor Merchant Marine, Hyundai Merchant Marine decided to commence with a new container liner service that will link major ports of Korea-China-Russia from late December of this year.

Daewoo Shipbuilding & Marine Engineering Has Developed the World’s Best LNG Cargo Hold For Themselves

Daewoo Shipbuilding & Marine Engineering has successfully developed the world's best LNG cargo hold with optimum levels of performance. The product is SOLIDUS, the cargo hold system with the lowest naturally veporized LNG ratio compared to the ratio of the existing LNG cargo hold

HMM Asks KDB for 9.9 Trillion Won in Support Funds

According to industry sources including Hyundai Merchant Marine (HMM) on July 25, HMM recently submitted consulting firm AT Kearney’s report about HMM to the Korea Development Bank (KDB). The report says that HMM should receive a total of 9.9 trillion won (US$8.9 billion) in funds to grow into the 8th largest global shipping company in the future. The KDB is reviewing this report. HMM requested th...

Samsung Heavy Industries to Shut Down Dock for Lack of Work

According to industry sources, Samsung Heavy Industries is planning to shut down its floating dock G1 located in Geoje on August 1. Late last month, its oldest dry dock was shut down. At present, Samsung Heavy Industries has three dry docks, four floating docks, and one dock for offshore plant construction. The G1 dock was put into operation in November 2001. In January 2002, it succeeded in build...



South Korean Workers Recorded Particularly Long Working Hours

  According to an OECD report released on August 15, South Korean workers worked for an average of 2,113 hours last year, 347 hours longer than the average of the 34 OECD member countries. In the same year, South Korean employees’ PPP-based average real wage was US$33,110 whereas the OECD average was US$41,253. When it comes to hourly real wage, which is obtained by dividing the annual real w...

Kogas to promote .5 bn LNG project in Mexico

The state-run Korea Gas Corporation (Kogas) is expected to build a liquefied natural gas (LNG) terminal and install gas pipe lines in Mexico that would be worth up to .5 billion in a package deal. Kogas said on Thursday that it has signed a memorandum understanding with the state government of Yucatan in southeastern Mexico to build a LNG terminal and gas pipe lines. The LNG terminal will be built...

Daewoo Shipbuilding Posts Worse-Than-Expected Loss on Delays

Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a bigger-than-estimated loss for the second quarter as the global shipbuilding industry struggles to come out of a prolonged downturn. The net loss, excluding minority interest, widened to 1.19 trillion won ($1.1 billion) in the three months ended June, from a restated loss of 436.2 billion won a year ...

What is post delivery work ?

KHAN has been provide post delivery work on offshore plant and you will know the process of post delivery work from this post. Furthermore, KHAN has been providing multi-discipline package installation and manufacturing of Onboard items Equipments & System to be installed by Owner/Client – 3rd Party equipments – Installation equipment / system itself – Work for interfacing with existing facili...

Design and construction of the Eneco Luchterduinen offshore wind farm

In September 2015, the Eneco Luchterduinen offshore wind park has been officially opened. As an EPC contractor, Van Oord was responsible for the engineering, procurement and construction of the foundations, electrical infrastructure and turbines. With a total capacity of 129 megawatts, almost 150,000 Dutch households are now being provided with renewable energy.

What is HSTS system ?

„HSTS System is developed for effective worker’s management by Real-Time tracking and human safety in a distress for on boarded persons to Offshore Plants (FPSO, FLNG, Drillship & etc.) during shipbuilding & operation at sea.

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