41+ min ago   (152+ words) Toyo Construction has secured ClassNK approval in principle for a high-output waterjet subsea power cable burial system it is developing for offshore wind construction in Japan. The Japanese contractor said the system is the first subsea power cable burial package…...

56+ min ago   (214+ words) JFE Engineering has completed what it says is Japan’s first domestically manufactured monopile for a commercial offshore wind development, rolling out the first foundation for the 315 MW Oga-Katagami-Akita project. The foundation was completed at JFE’s Kasaoka monopile plant in Okayama…...

4+ day, 16+ hour ago   (179+ words) The Vancouver Fraser Port Authority has completed a major package of road and rail upgrades serving terminals in the Fraser Surrey Port Lands, cutting inbound container truck transit times by more than half. The Fraser Surrey Port Lands Transportation Improvements…...

5+ day, 9+ hour ago   (265+ words) Hanwha is pushing deeper into the American LNG value chain, establishing a new US company that will combine procurement, trading and logistics with the Korean conglomerate’s rapidly expanding shipping and shipbuilding businesses. Hanwha Aerospace announced today the creation of Hanwha…...

6+ day, 10+ hour ago   (137+ words) South Korea’s state-run asset manager KAMCO has teamed up with Standard Chartered Singapore to widen access to foreign currency financing for smaller Korean shipowners. The partnership is kicking off with a KRW286bn ($207m) ship fund established by KAMCO for an unnamed mid-sized…...

6+ day, 13+ hour ago   (372+ words) Ten years after Hanjin Shipping’s collapse sent shockwaves through global supply chains, the Korean carrier is back in the headlines — this time at the centre of a debate over how the country decides whether troubled companies should be saved or…...

1+ week, 2+ day ago   (187+ words) US-based renewable energy company Pacifico Energy Korea has been selected as the sole developer of the 2.13GW Jindo Integrated Cluster Phase 2 offshore wind project. The Jindo Integrated Cluster Phase 2, led by Jeonnam-Gwangju Special Metropolitan City as the implementing institution, is a…...

1+ week, 3+ day ago   (196+ words) South Korea has given final approval to a KRW637.2bn (around $462m) redevelopment of Incheon Port’s Inner Harbour, clearing the way for construction on piers 1 and 8 after a decade of delays. The country’s Ministry of Oceans and Fisheries signed off on the implementation…...

1+ week, 3+ day ago   (410+ words) China’s Hudong-Zhonghua Shipbuilding is pushing ahead with another major expansion of its Changxing Island facilities as the country’s yards race to add capacity amid an extraordinary newbuilding boom. The CSSC-controlled yard plans to extend its No.2 drydock by 220 m, taking…...

1+ week, 4+ day ago   (223+ words) Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, has signed a contract with a new GCC client. This contract marks Arabian Drilling’s entry into a new GCC market, in line with the company’s long-term growth objectives. Which jackup…...