south korea

Uncategorized

Statoil to Ship More North Sea Forties Crude Oil to Asia

SINGAPORE (Dow Jones)–Norwegian oil major Statoil ASA (STL.OS) has chartered a vessel to ship North Sea Forties crude oil to Asia, in what could be at

Uncategorized

South Korean Coast Guard Officer Fatally Stabbed in Skirmish with Chinese Captain

The captain of a Chinese fishing vessel has been arrested for fatally stabbing a South Korean Coast Guard officer who was trying to stop the ship in South

Blog

Shipyard Protest – Forget Occupy Wall Street And Take A Lesson From Ms. Kim

Occupy Wall Street has grabbed the headlines but momentum is slowing and their message is falling on deaf ears in Washington. Maybe they would be more

Offshore

Fred Olsen Extends Drillship Option With Hyundai Heavy

Fred Olsen today said it has reached an agreement with Hyundai Heavy Industries to extend its option for a second newbuild drillship originally set to expire

Engineering News

Keppel Shipyard Lands $142 Million In Conversion Contracts

Keppel Shipyard has secured three conversion contracts worth $142 million according to a company release.  The contracts include the conversion of a Liquefied

Engineering News

Hyundai provides a quarter of the world’s total shipbuilding capacity [INTERVIEW]

The following article originally appeared in DNV’s Tanker update No. 1 2011. by Magne A. Røe, DNV The Hyundai group of shipyards has the combined

Engineering News

South Korean Shipyards Running Aground

Samsung Shipyard in Geoje, South Korea courtesy Flickr user gCaptain Recession’s Lagging Effect on Orders Forces South Korean Shipbuilders to Cut

News

STX Expects Offshore Orders To Improve From 2Q

DALIAN, China (Dow Jones)–STX Group, a South Korean conglomerate, will catch up with its bigger rivals in offshore facility orders from the second