Wing-in-Ground Craft to be Jointly Developed by DSME, Wing Ship Technology

News Release
Thursday, March 29, 2012
WIG Craft: Photo credit DSME

Korean shipbuilder DSME signs a MOU with Wing Ship Technology for development of Wing-in-Ground vessels

DSME has signed a memorandum of understanding with Wing Ship Technology, a leader in wing-in-ground (WIG) craft. Through this MOU, DSME plans to assist in the commercialization of WIG crafts through mutual cooperation.

DSME agreed to co-market with Wing Ship Technology and jointly develop the WIG craft’s mooring system for use on offshore platforms, in addition, DSME also has plans to cooperate with Wing Ship Technology in the development and co-production of a 200 seat military use WIG.

Wing Ship Technology successfully built the world's first commercial WIG craft capable of seating 50 people (WSH-500) last December. DSME has supported them since the company established itself in 2007 and has helped in the successful development of the WSH-500 by providing financing of about 6.3 million dollars.

Through this cooperative agreement, it is possible to maximize both companies’ strengths and provide mutual benefits. For example, if people can use WIG craft to approach offshore platforms in the ocean, it may be safer and more economical than helicopters which are universally used these days. Through this MOU, DSME plans to increase the marketability of offshore platforms and help expand the WIG craft market.

Mr. Y.Y. Koh, the vice president of DSME, said, “WIG craft is the next generation of transportation and has a ship’s efficiency of operation and an aircraft’s immediacy. The growth potential in the WIG market is very high ..."

 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Ship as Lifeboat Concept Disputed by ICV

A recent meeting at the National Transportation Safety Board in Washington, D.C. (attended by International Cruise Victims (ICV) Board representatives) discussed

McDermott Elect G.P. Luquette Board Chairman

Provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide, McDermott International, say that Gary P.

Ill-Considered Energy Policies Threaten US Navy: Report

The United States government has pursued energy policies based on “the mistaken belief in the unproven science that claims carbon dioxide (CO2) emissions from burning

Shipbuilding

Two Navy Contracts for GD Bath Iron Works

Included in the latest listing of contracts awarded by the US Department of Defense, Navy, are two contracts with General Dynamics Bath Iron Works, Bath, Maine.

Newport News Shipbuilding's Apprentice School to partner Old Dominion University

The Signing of a memorandum of understanding between the Apprentice School and Old Dominion University (ODU) will take place tomorrow (23rd April) at 3101 Washington Ave.

Viking Welding Delivers Fire/Rescue Boats

Fire Departments in South Carolina and Minnesota have recently accepted delivery of Response FR-28 and FR-31J boats built of welded aluminum by Viking Welding & Fabrication in Kensington, N.

Offshore

BP Gulf Spill Trial Set For January

The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday,

North Sea Maintenance Offsets Lack of Sales to Asia

North Sea Forties crude differentials were unchanged on Tuesday in light trade, supported by upcoming North Sea maintenance, but the forward curve weakened due

Saipem: A Fleet Grows in Brazil

As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems.

News

GEIMS Maritime Training accorded highest grade from DGS

Great Eastern Institute of Maritime Studies (GEIMS) is now the first approved maritime training Institution in India to achieve the 'outstanding (A1)' grade. The

BP Gulf Spill Trial Set For January

The high-stakes penalty phase of BP's trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday,

Canada To Keep Keystone XL Issue Alive With White House

Far from giving up on the Keystone XL pipeline to the United States, Finance Minister Joe Oliver said on Tuesday Canadawould keep the issue alive with the Obama

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2959 sec (3 req/sec)