World Best, Korea Marine Equipment with KOMEC

KOMEC is the hub of global networks o communicate live with the world. Through its extraordinary service and efforts, KOMEC will be a successful business partner that links marine equipment firms of Korea with companies all over the world. 

KOMEC has built an e-Market place in which buyers of marine equipment across the world (ship owners, ship management firms, shipyards, ship repair companies, equipment distributors, etc) can access easily on information of marine spare parts, equipment, and manufacturers, and others shipbuilding and marine information at anytime, 24 hours a day, 365 days a year, and any where

Over the past few years, mobile web users have considerably increased all over the world. So we might think we need to support Korea marine company’s mobile website. KOMEC also has offered consulting service in various ways and helped companies solve problems while buying marine equipment and spare parts. If you would like to know more about KOMEC or Shipsol (e-market place), feel free to leave your message.

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

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Samsung to win LNGC

Golar LNG is about to order further LNG carriers in South Korea.

Brokers say the company is expected to confirm another two berths at Samsung Heavy Industries shortly.

Golar currently has nine newbuilds on order at Samsung, two of which are floating storage and regasification units (FSRUs).

Golar says it had signed up for two 162,000-cbm tri-fuel LNG newbuildings with Hyundai Samho Heavy Industries priced at slightly over $200m each.

The ships are set for delivery in the third and fourth quarters of 2014. The company also secured two fixed-price optional slots at the yard.

This latest order beefs up Golar’s LNG newbuilding tally to nine LNG carriers and FSRUs for delivery in 2013 and 2014.


Published : February 17, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

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KOGAS aids Big3 for LNG-FPSO

The Korea Gas Corporation (KOGAS) is to actively assist Korean Big 3 shipbuilders in winning offshore plant orders, expecially LNG-FPSO.

In particular, KOGAS has decided to support Korean companies' overseas offshore plant and equipment order intake in order to lower the barrier of global offshore plant service industry, which is know to be very conservative.

KOGAS said on 16 February, "KOGAS would put all its efforts for Korean companies to place top in offshore plant equipment and LNG-FPSO, etc., which hopefully contribute to inter-corporate cooperation and job creation, by taking advantage of its foreign gas exploration/development/production/introduction project."

In particular, KOGAS plans to actively support Korean major yards to secure LNG-FPSO contracts, by requesting oil majors to award LNG-FPSO orders at the Korean builders. In its role, KOGAS would participate in LNG development projects by taking stake in the projects or signing LNG purchase agreement from them, etc.

Furthermore, for small-and-medium local equipment companies with offshore plant equipment technology, KOGAS would aggressively request global oil majors to register domestic manufacturers on their vendor list, utilizing its cooperative relationships with them.

Published : February 17, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

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KR opens research center

Korean Register of Shipping (KR) had a opening ceremony for 'HAN Future Strategic Research Center' at KR's Seoul office on 15 February.

The HAN Future Strategic Research Center is to research and study for KR's steady growth as well as give measures for development of maritime industries on neutral ground.

The research center would study comprehensive policy for co-existence of KR and maritime industries, including macroscopic industrial analysis about maritime industrial trend, KR's countermeasures to external conditions, etc.

Published : February 16, 2012

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Korea to sweep LNGC again

South Korean shipbuilders are pushing ahead with securing LNG carrier orders, which is in an upward cycle.

Hyundai Heavy Industries inked an order for one newbuilding LNG-FSRU from Hoegh LNG of Norway on 13 February, after successfully sealing a contract for two 162,000-cbm LNG carriers from a European owner on 8 Feb.

Hyundai Samho HI and STX Offshore & Shipbuilding won two 162,000-cbm and 170,200-cbm LNG carriers from UK's Golar LNG and Russia's Sovcomflot, respectively, on 10 Feb, and showed green light toward achieving new order target for 2012.

Golar LNG, in particular, is in final negotiations with yards to place additional newbuilding LNG carrier orders.

According to Clarksons, LNG carrier is booming these days, having contracted overall six vessels in 2010, 51 in 2011, while orders plummeted from a total of 25 newbuildings in 2007 to five in 2008 and zero in 2009, in the wake of the global financial crisis.

Korean shipbuilders' massive contracts for LNG carriers, taking over 80% of all those ordered last year, contributed Korea to take back the new order top position in 2011 from China, which has been overly dependent on ordinary commercial ship, such as tanker, bulker, etc.

LNG carrier costing around $200m apiece would be a breakthrough in a troubled shipbuilding market, with less new order for commercial ships.

South Korean shipbuilding player said, "Major yards in Korea have strength in high-value LNG carrier, along with offshore plant. This year would see as many as orders contracted for LNG carrier as seen in 2011."

Published : February 16, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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Big3 dominate offshore

South Korea's major three shipbuilders' share price would grow more by dominating offshore plant market, especially in the floating production facilities arena.

Analyst Huh Sung-Duk, Hi Investment & Securities forecast, "Big three now preoccupy the offshore plant market, by which poor contract for commercial ship would be recovered."

Huh said, "Big3 seem to increase orders for offshore plants, more than market consensus, with increased delayed volume from 2011, as high oil price continues and Eurozone financial crisis is being eased."

He explained, "As for offshore plant, unlike commercial ship, the market is competed only by Big three builders and IOCs (international oil company) and NOCs (national oil company) in the world are considering to award offshore plants among them."

Added, "The trend would last for a long term, considering conservative offshore plant market. Big3's cash flow would be improved when they are paid down-payment."

Huh said, "Huge orders would be more proportioned in the first half of this year. Recent increase in share prices of Big3 by foreigners' purchasing has been reflected of market expectancy that Big3 would secure massive offshore plant orders any time soon."


Published : February 16, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

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Daewoo's SMART yard

Daewoo Shipbuilding & Marine Engineering is dressed into Smart yard, said on 15 February.

Daewoo and SK Telecom have been working together to develop mobile applications for four systems; goods carried out; material tracking; real-time quality control; handling test result.

With applications, various works can be done on field, using tablet PCs and smart phones.

Also, LTE network has been constructed in the 4.6m square meter yard.

The South Korean shipbuilder would test-run the mobile service for a while to conduct a full-scale smart shipbuilding.

Daewoo's chief manager said, "LTE would contribute to making safer and more efficient yard. Thanks to SMART Shipbuilding, Daewoo would reinforce its market competitiveness."

Published : February 15, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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[Catalogs] Damper Solution

Damper Solution

- Pneumatic Fire & Gas Damper 
A0/A60 Fire Class

Pneumatic Fire & Gas Damper has been developed for A0/A60 class bulkheads/decks, to prevent fire and gas spreading through ductworks. The damper is open on pneumatic actuation and closed by spring, ensuring fall-safe operation in case of emergency situation such as power failure. Flexible control options are available to suit various customer need.

-Electric Fire & Gas Camper
A0/A60 Fire Class

It has been developed for A0/A60 class bulkheads/decks, to prevent fire and gas spreading through ductworks. The damper is open on pneumatic actuation and closed by spring, ensuring fall-safe operation in case of emergency situation such as power failure. Flexible control options are available to suit various customer need.


-Balancing (Volume) Damper

Balancing Damper has been designed for controlling airflow through ventilation systems. Adjusting mechanism can be implemented in manual, pneumatic or electric actuation.


- Shut-Off Damper

Shut-Off Damper is for isolating airflow through ventilation systems. Controlling mechanism can be implemented in manual, pneumatic or electric actuation.


- Pressure Relief Damper

Pressure Relief Damper (Modulating Damper) has been developed for controlling airflow in the ventilation system to be unidirectional. The damper flap is switched on the designated air pressure set by appropriate weighting.

- Non Return (Back Draft) Damper

It has been developed for controlling airflow in the ventilation system to be unidirectional.

- Jalousie Damper

It has been designed for isolation airflow through ventilation systems. Controlling mechanism can be implemented in manual, pneumatic or electric actuation.


CONTACT INFO
Daejin Industry.
1589-7 Songjung-dong, Kangseo-gu, Busan, Korea
Tel : 82-51- 831- 4551~3
email : daejinqc@daejinqc.co.kr

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

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Top 10 to occupy 70%: China

China's mid-to-long term industrial development plan, led by the Central People's Government of China, underlines the importance of shipbuilding industry, in particular.

The plan is to increase Chinese major ten shipbuilders' market share in overall China to 70% from 48.9% in 2010 and to focus on development of shipbuilding and offshore sectors.

First of all, Chinese builders would make a latest modern ship model, which meets international standard, and upgrade China's major vessels of bulker, tanker, boxship, etc.

Secondly, Chinese yards are to improve design and construction skills of high-value vessels as well as those of marine equipment and to make progress in offshore oil/gas development facility. Also, China would industrialize seawater-related business, such as desalination, etc., and offshore observation facility and build up industrial cluster for offshore facility in Yangtze River Delta, Pearl River Delta and Circum-Bohai-Sea Regions, as the plan states.

Lastly but not least, the Chinese government would promote development of new businesses, for instance, green ship, propulsion system, deep-sea exploration facility and support for green ship, smart ship. Moreover, it would concentrate on marine equipment localization and raise proportion of Chinese equipment up to 80% by 2015. In case of offshore sector, China targets world market share of 20% and securing design and construction capacity of deep-sea energy-related facilities.


Published : February 15, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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STX OSV profit doubles

STX OSV posts record financial results. The Korean shipbuilder, continuously tipped by analysts to cash in on growing demand for high end vessel construction, saw earnings almost double in the final quarter of the year.

Net profit grew by 96% to NOK 640m ($112m) from NOK 326m during the corresponding period last year despite a 13% drop in revenue to NOK 3.1bn.

For the full year the company booked a 50% rise in net income to NOK 1.6bn while revenue for the period was up 4% to a company record NOK 12.4bn.

STX OSV said: "The increase from FY 2010 was largely due to the Group’s stable operating performance, improved productivity levels and well-utilized yards.

"Successful project deliveries and the release of risk contingencies to profit at the end of complex projects contributed to the exceptional financial results."

STX OSV booked orders during the year for 28 new vessels worth NOK 11.12bn with just over half coming in the final period.

That includes NOK 3.29bn order for eight LPG carriers from Transpetro in November.


Published : February 15, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

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Golar to order more LNGC

John Fredriksen’s latest visit to Hyundai Heavy Industries for new LNG carriers has not satisfied his hunger for LNG newbuildings.

Fredriksen’s Golar LNG, which booked 2+2 LNG carriers at the world’s largest shipbuilder on February 10th, is close to adding even more vessels to its newbuild tally.

The owner said: “Golar is in final discussions with regards to further increasing the company's newbuilding investment.

“This includes ordinary LNG carriers as well as ordering more infrastructure type LNG assets.”

Analysts say FSRUs are the most likely infrastructure investment for Golar, with floating power plants another option.

Golar, which now has 11 LNG firm vessels and two FSRUs on order, says the general low price of newbuildings and more economical tri-fuel engines are sparking its interest.

Fredriksen said in a statement: “We are excited to see the rapid developments in the LNG market.

“We clearly see LNG as one of the key parts in the future energy supply chain. The increased flexibility provided by floating production and regas solutions has transformed the LNG industry and made it significantly more competitive versus other energy types.

“The large global spreads in gas prices, the high growth in trade, and the tight availability of shipping gives this investment a solid foundation.”

Published : February 15, 2012

Komec Website: www.komec.kr, B2B Marketplace: www.shipsol.com

Chinese Blog : blog.sina.com.cn/komec

General Support: +82-51-972-6474, +82-51-972-6478

E-mail: gsc@komea.kr

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