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Shipbuilding
BMT wins Arctic fleet support contract
Underscoring its strengths in ship design and Arctic operations, Ontario-based BMT Fleet Technology has been entrusted with the definition, engineering, logistics and management support contract for Canada’s Arctic offshore patrol ship project. A s...
2009-04-08 06:53:14
Prepare a party for survivors
South Korean shipbuilding industry, leading the world shipbuilding market, has received virtually no orders during the past half year or so and atmosphere of crisis has been mounting. Nevertheless, order-intakes are expected to take place in April...
2009-04-08 05:50:32
Austal wins ferry order again
Austal, the Australian fast ferry specialist, has secured its second newbuilding contract in less than a week. Maltese ferry operator Virtu Ferries is the owner behind the latest order which is for a 107 metre vessel worth AUD106m ($77m). The f...
2009-04-07 07:44:51
Massive order cancellations to come
It is reported that shipbuilders are suffering from order cancellation which is expected to make another two comebacks in 2009 and 2010 hammered by spreading financial crisis and overcapacity. Barry Rogliano Salles Group, a French shipping brokerage ...
2009-04-07 07:22:49
Gloomy days ahead for Indian shipbuilding
The shipbuilding industry in India has no respite even if the central government has announced heavy subsidy package for the industry as the implementation hurdles make things blurred for the companies. The Government of India had approved the su...
2009-04-07 07:16:12
30% growth for Indian shipbuilding
Braving the ongoing economic slowdown, Indian shipbuilding industry can grow at a rate of more than 30 per cent and this momentum can be maintained for the next 10 years. This was observed by Garden Reach Shipbuilders and Engineers Limited (GRSEL) Ch...
2009-04-07 07:04:59
STX Europe’s new cruiseship design
STX Europe recently revealed a new cruiseship design called ‘exTRAY’ of which all passenger quarters are of the first-class. All passenger rooms of the exTRAY ship design, disclosed at the Cruise Shipping Convention held in Miami, the US, are ...
2009-04-06 13:55:27
Libya steps in to save Croatia yards
An unlikely figure in the form of Libyan leader Moamer Gadafi is being hailed as a saviour of some Croatian shipyards. Work totalling hundreds of millions of dollars has been secured involving Zagreb-based project specialist Adria Mar, as well as ...
2009-04-06 07:42:35
Samsung aims to be the top
Samsung Heavy Industries is making a point of not following the crowd. Samsung Heavy Industries is striving to be the industry leader through its product development, advanced software systems and production efficiency. The Koje-based shipbuild...
2009-04-06 07:29:41
Chinese stubborn on newbuilding prices
Far Eastern shipyards say they will not bow to pressure to cut prices because of the fall in the cost of steel plate. Chinese shipbuilders say steel prices have already bottomed out and mills, which have lowered prices by more than half since Augu...
2009-04-06 07:17:05
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