Equipment
Wartsila closes Dutch plants
Finnish engine maker Wartsila is pressing ahead with 570 redundancies in the Netherlands following "positive advice" from a works council. It will close the propeller plant in Drunen and component production in Zwolle. Wartsila employs 1,500 in t...
2010-06-09 08:24:00
Cargotec signs EUR 20m order
Cargotec has signed EUR 20 million contract for MacGregor subsea load and module handling systems to be installed on Hallin Marine Subsea International PLC’s ‘ground-breaking’ design of compact semi-submersible (CSS) offshore vessel. The eq...
2010-06-09 07:29:06
Samkang continues to win orders
South Korean steel pipe specialist Samkang M&T said on Friday that it has signed a $1.413m contract with Steel Plate & Section of the UK to supply steel pipes. The contract value equals 1.75% of the company's recent annual revenue. Samkang will...
2010-06-04 13:07:33
Sudan to order $10m yachts in China
On June 3rd, a procurement delegation of Sudan government visited Zhuhai China, to negotiate yacht order totaling $10m. As is revealed, Dongguan Jieteng Shipbuilding became the luck boy. ‘Our products were characterized with long endurance ...
2010-06-04 10:09:04
Equip Market Bounces Back
Marine equipment firms are increasingly receiving new orders as new ship orders pick up for shipbuilders in South Korea and Japan. Accordingly, they plan to win workload not only from domestic customers but from overseas, particularly in the offsh...
2010-06-04 06:56:40
Hamworthy performance weakens
UK ship systems company Hamworthy has posted a profit drop as shipbuilding markets weakened in 2009. The LNG vessel specialist said net earnings in the 12 months to 31 March were £15.09m ($22.15m) from £16.54m in the previous year. Rev...
2010-06-03 08:15:17
Japan starts Q3 plate export deals
Negotiations are marking time without any disturbance so far on Japanese integrated steelmakers' export deals of ship plates with South Korean shipbuilding companies for shipments in the July to September 2010 quarter. The negotiations are on tra...
2010-06-03 07:18:06
Mitsubishi eyes cruiseship
Japan’s Mitsubishi Heavy Industries is trying again to re-enter the cruiseship building sector after six years out. The yard group is reportedly deploying 700 engineers in Nagasaki to develop low-emission vessels. The company is targeting J...
2010-06-03 07:10:41
WAS Korea seems unviable
Wartsila Accommodation Systems Korea (WAS Korea), a Korean marine equipment manufacturer specializing in ship's cabin unit, modular bathroom, wall & ceiling panel, etc., seems financially unviable as its company value turned to minus figures after it...
2010-06-01 12:55:02
'New Shipbuilding Cluster' Plan
South Korea's Saemangeum Gunsan Free Economic Zone Authority said Monday that it is set to establish a shipbuilding and marine engineering cluster on a 10,000㎢ site within the SGFEZ. It said it has set up a consortium for the project, consisting...
2010-06-01 11:39:55
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