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Kang Nam News

15 Sep 2022

Shipbuilding: Kangnam Delivers 41-knot Korea Express Ferry

Image courtesy Incat Crowther

The 72m passenger ferry Korea Pride, designed by Incat Crowther and built by Kangnam Corporation in Busan, South Korea, was delivered to Korea Express Ferry.The ship that will operate from Incheon on the west coast of South Korea, and it is unique in that it is reportedly the first ship of its type to be built in South Korea, which remains the world's shipbuilding powerhouse for large oceangoing ships.From the outset, Korea Express Ferry set high safety, comfort and performance standards…

05 Feb 2018

US Coast Guard Publishes Banned Vessels List

© Mariusz Niedzwiedzki / Adobe Stock photo

The U.S. Coast Guard posted a list of vessels that are prohibited from entering the navigable waters of the U.S. or transferring cargo in the U.S., absent a specific determination from the U.S. Secretary of State or other limited provisional entry allowed by law. This list, which is published pursuant to the North Korea Sanction and Policy Enhancement Act of 2016 and the Ports and Waterways Safety Act (PWSA) as amended by the Countering America’s Adversaries Through Sanctions Act (CAATSA), was last updated on February 2, 2018. DONG NAM NO. HIYOSHI MARU No.

21 Feb 2017

Marine Jet Power Wins Korean Coast Guard Contracts

Photo: Maritne Jet Power

Marine Jet Power has been awarded two new contracts to supply waterjets for another eight units 500T Patrol Vessels for the Korean Coast Guard: five vessels to be built by Hanjin Heavy Industries & Construction and three vessels to be built by Kangnam Corporation. The propulsion system comprises a MJP 950 double drive and MJP 750 double booster waterjets. Powered by four diesel engines at a total of 14 MW the top speed is over 35 knots. The eight new vessels will be delivered during 2018, continuing the existing 500T-program and extending the series to now comprise a total of 23 vessels.

22 Nov 2016

FORAN Expands User Base in Korea

Hansung Ship Eng. Power station (Photo: FORAN)

These are difficult times for the shipbuilding industry, in particular that of Korea, which faces its worst-ever order drought. Big, medium-sized and small shipbuilders are undergoing deep restructuring as a consequence of the workload downturn. However, despite the crisis Korea is still the global leader in newbuilding deliveries, and its shipyards continue to demand, and now more than ever appreciate, improvements in all areas of management, design and production. At a time of difficulty…

07 Aug 2016

Kangnam To Build Minesweepers Ships in India

South Korea's Kangnam Corporation will jointly build 12 mine countermeasure vessels (MCMV) in India in collaboration with India's state-owned Goa Shipyard Limited (GSL), reports Hindustan Times. The project comes under under the Modi government’s Make in India programme and is likely to cost more than Rs 32,000 crore ($4.8 billion). “We are in the final stage of concluding the contract. It should be done in three to four weeks,” Hindustan Times quoted GSL chairman Rear Admiral Shekhar Mital as saying. The navy needs to fill gaps in its mine warfare capability. Its existing mine counter-measures force consists of six vessels bought from the erstwhile Soviet Union in the late 1970s. It requires 24 minesweepers.

04 May 2015

Indian Navy To Limit Ship Buys to Domestic Yards

The Indian Ministry of Defence has directed future warship and submarine building orders be given only to domestic shipyards. The Navy has potential orders worth more than US $50 billion over the next 10 years for ship and submarine builds, said a Defence Ministry source. However, the $12 billion purchase of six conventional submarines with air independent propulsion, for which a request for proposals is being prepared, will still allow foreign participation in the design phase, although the subs will be built only by domestic shipyards, the MoD source added. As state-owned shipyards have their hands full, private sector yards, which have the facilities but fewer orders, are likely to be the biggest beneficiaries under the new directive, analysts said.

21 Feb 2012

AVEVA Expands in Korea

AVEVA opened a new office in Seoul, Korea, that incorporates a dedicated product training center, following an increased demand for AVEVA solutions. The office will also host sales, marketing, product support, and administration functions for AVEVA customers in Korea. “This new office, in particular the product training centre, enables AVEVA to offer a better service to our customers”, said EunJoo Park, Senior Executive Vice President of Korea and Japan division, AVEVA. “We can vastly increase the number of participants at this new training centre, as well as host more meetings. AVEVA has had offices in Korea for over ten years. In this time we have seen an increased demand for trained users in AVEVA products and solutions across the Plant and Marine industries.

19 Jun 2009

U.S. Navy Tracks North Korean Ship

According to a June 18 report from Reuters, the United States is monitoring a North Korean ship for weapons and has deployed anti-missile assets to the Pacific in case Pyongyang launches more missiles, U.S. officials said. The U.S. Navy is monitoring a vessel called Kang Nam at sea under new U.N. sanctions that bar North Korea from exporting weapons, including missile parts and nuclear materials, they said. (Source: Reuters)