Page 17 - Offshore Engineering News Today : Breaking News, Live Updates & Top Stories | Vimarsana

South Korea’s leading shipbuilders have been scoring massive order after order all this year, welcoming the revival of the shipbuilding industry. Despite the upbeat numbers on paper, they are facing the daunting task of securing a skilled workforce capable of carrying out difficult tasks in the long term. Clarksons Research, a global shipping and shipbuilding analysis firm based in the United Kingdom, measured ...

HD Korea Shipbuilding & Offshore Engineering, the shipbuilding unit under HD Hyundai, announced Monday that it is set to construct two of the world’s first ammonia-powered medium-sized vessels, with targeted delivery by 2026. The company said it has decided to adopt a dual-fuel engine using both ammonia and liquefied petroleum gas for two ship orders made by Belgian shipping firm Exmas in March. The ships, ...

Robots have emerged as a solution for Korean shipbuilders in dealing with an intensifying shortage of labor, amid a soaring number of shipbuilding orders from global clients.

Saipem SpA (OTCMKTS:SAPMF – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 13,001,400 shares, an increase of 36.5% from the September 15th total of 9,523,900 shares. Based on an average trading volume of 500 shares, the […]

Korean investment in an Estonian developer of clean energy technology is likely to be the first of many innovative collaborations between firms from the two countries.