South Korea: SHI Lands 1.1 Billion Shipbuilding Deal

South Korean shipbuilder Samsung Heavy Industries has secured USD 1.1 billion contract for the construction of two drill ships. The order was placed by an American company with the delivery date scheduled for August, 2014.

So far, SHI has already secured USD 3.8 billion in newbuild orders reaching 30% of its annual order target of USD 12.5 billion for 2012.

Samsung Heavy Industries has successfully completed diverse projects With the aim of securing global leadership in various sectors including shipbuilding, offshore, engineering and construction, wind power, power and control systems. Since it launched the shipbuilding business, Samsung Heavy Industries has received orders for more than 1000 units of ships from the world’s leading shippers. The company has built the world’s largest number of ships in the drill ship and FPSO sectors. SHI has made remarkable achievements in the offshore platform sector for the development of undersea resources by producing crude oil production facilities, gas production facilities and drilling facilities.

Shipbuilding Tribune Staff, February 24, 2012

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Posted on February 24, 2012

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7th Annual International Port Security Conference

The SMi Group announces the 7th annual International Port Security Conference. The event will be held in London on the 1st and 2nd of June 2016.

The conference aims to bring together key decision makers in the industry to discuss modern methods of port security and provide effective learning experiences for all delegates through the carefully selected expert speaker line up.

Interacting with delegates from across the globe and hearing from industry leading experts will ensure delegates are up-to-date with high priority information that enables you to best secure your seaports, civilians and means of trade.

Topics to be discussed include terrorism, cyber terrorism, emergency intervention procedures, optimising technology use in security checks and case studies featuring some of the largest ports across the world. Our diverse range of topics will allow delegates to learn best practices for port security and understand further how other ports are resolving core challenges.

More info

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ACI’s 6th Maritime Security Management Asia

The conference will address detailed risk management and planning strategies that can be put in place in accordance with major regulations…

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2nd Annual Global Tax Optimisation for Shipping 2016

In this expert briefing, delegates will gain insights on recent updates, strategies and solutions for strategic as well as day-to-day tax challenges…

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