Shipbuilding
Austal wins order for patrol craft from Malta
Austal has secured its first European defense contract with an order for four 21.2 m inshore patrol craft-plus training and spares support-for the Armed Forces of Malta (AFM). According to a stock exchange announcement the contract is worth € 9....
2009-02-20 07:43:04
ThyssenKrupp's yards may scrap commercial sector
Workers and the trade union IG Metall fear that up to 1,500 jobs could be in danger at ThyssenKrupp’s German shipyards should it decide to scrap merchant shipbuilding and concentrate on naval vessels. “On Monday, the management board of Thysse...
2009-02-20 07:29:11
Greek axes capes: Hyundai
Greek owner Marmaras Navigation has cancelled two capesize newbuildings ordered in September 2008, Lloyd’s List reported on February 19th. The pair was among the last reported capesizes ordered before the market crash in September. The contract...
2009-02-20 07:13:00
Toward high-tech industry
As shipbuilding industry is facing the worst ever crisis amid global economic recession, industry experts say development of high value-added ships is the key for the industry to ride out the storm. To that end, South Korean shipbuilders say they ...
2009-02-20 06:12:23
Canadian shipbuilders 'left in the doldrums'
Canada's shipbuilders have been told there won't be a stimulus package to jump-start jobs in the industry despite promises from the federal government just several months ago. There is an estimated $40 billion to $60 billion worth of future work in t...
2009-02-19 14:11:57
Samsung-Russia sign MOU
Samsung Heavy Industries of South Korea on February 19th signed a memorandum of understanding with Russia for the cooperation for Russian shipbuilding industry’s modernization, after a naming ceremony for an icebreaking tanker held in Samsung Heavy...
2009-02-19 12:21:42
Colombo delivers AHTS
Greatship Abha, the third 80 ton bollard pull Anchor Handling Tug Supply Vessel (AHTSV) built by Colombo Dockyard PLC (CDPLC) for Greatship Global Offshore Services Pte Limited of Singapore (GGOSL) was delivered on Wednesday. Owners representative...
2009-02-19 08:12:12
Only 8 ships: Export orders in Japan
Japan’s shipbuilders have begun to suffer the fall out from the collapse in drybulk rates, after export orders fell by over 75% in gross tonnage terms last month. Statistics from the Japan Ship Exporters’ Association (JSEA) showed that only ei...
2009-02-19 08:07:06
Hyundai Mipo delivers Eletson's first LPG carrier
Hyundai Mipo Dockyard (HMD) of South Korea has delivered the first ever liquid petroleum gas carrier to join the fleet of blue-chip Greek tanker operator Eletson Corporation. The 22,010 dwt Anafi, constructed to Lloyd's Register class, is the firs...
2009-02-19 07:39:14
Japanese mulling countermeasures
Japanese shipyards are advancing studies on possible countermeasures in case the slump in newbuilding demand gets prolonged. They have been focusing on the verification of costs and plant systems in the event that their operation volume drops due to ...
2009-02-19 07:30:53
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