Tag: shipbuilding

According to Nikkei, Mitsubishi Heavy Industries, the Japanese conglomerate, is in talks to sell its Koyagi plant, the main one of two located in Nagasaki, to Oshima Shipbuilding, the country's third-largest shipbuilder based in Saikai, Nagasaki Prefecture.

Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in Europe due to serious EU antitrust concerns. Reuters now reports that the European Commission will launch an investigation into the deal in the following days, after a preliminary review ends on Tuesday, December 17.

CGR Arctic Marine along with Wuzhou Shipbuilding and Merchant Ship Design & Research Institute (SDARI) inked an agreement for the design and establishment of a 6.000 cbm LNG bunkering vessel. Through the construction of the LNG-bunkering vessel, CGR Arctic Marine aims to expand its operations in southeast Asia and South America.

According to the "Advanced Manufacturing Shipbuilding Application" report published by KETmaritime, a rapid growth was seen in shipbuilding's patent application. The study analyzes the recent use and future potential of ‘new-age’ technology, involving 3D-scanning, 3D-printing, robotics, virtual and augmented reality.

Imabari Shipbuilding Co., Ltd. (Imabari Shipbuilding) and Japan Marine United Co., Ltd. (JMU) decided to form a capital and business alliance, aiming to strengthen the international competitiveness of both companies' merchant shipping business. 

China officially announced the launch of the "China Shipbuilding Group", which the country's state broadcaster commented as the world's largest shipbuilder, as Reuters reports. Specifically, the launch of the group was firstly reported by the China Central Teelvision (CCTV). 

An Arctic shipbuilding and repair center is to be created in Russia's Murmansk Region, which is expected to consolidate resources and optimize costs. The center will be set up on the basis of three affiliates of the United Shipbuilding Corporation (USC).

Dalian Shipbuilding Industry (DSIC), North China-based shipyard, will construct the first LNG powered VLCC for Cosco Shipping Energy Transportation. The VLCC is amongst the four VLCCs Cosco Shipping Energy Transportation ordered earlier.

As Yonhap reports, Hyundai Heavy Industries Group issued an application to the European Union, waiting for approval for its proposed takeover of local Daewoo Shipbuilding and Marine Engineering Co. The company informed that the submission will be reviewed by anti-trust authorities at the European Commission, expecting the results of their call in 2020. 

According to Yonhap news agency, in October, South Korea regained its first position in global shipbuilding orders, followed from the country's dominance in the LNG carrier sector. This is the first time in 2019 that South Korea signed over 1 million CGTs in monthly orders.