Korean beef up cost-cutting [Shipbuilding]
South Korean shipbuilders employ various measures to deal with recent sharp increase in thick steel plate prices. Hyundai Heavy Industries put raw materials procurement and production process information into two-dimensional bar codes to sha...
2011-05-17 06:20:37
MODEC into the red [Finance]
Consolidated financial results in Q1 (from January to March) 2011 of Mitsui Ocean Development & Engineering Co., Ltd (MODEC) announced in May 12 showed that its operating loss posted 2.3bn yen in Q1; operating profit turned red from surplus in 1.7bn ...
2011-05-17 06:16:05
Korean-Danish cooperation [Shipbuilding]
South Korean president Lee Myung-bak, on a state visit to Denmark, met with Nils Andersen, CEO of AP Moller Maersk, the world largest shipping company, in Copenhagen on May 12 and exchanged opinions on ways to strengthening bilateral cooperation betw...
2011-05-17 06:12:15
Universal adds goliath cranes [Equipment]
Ariake Shipyard of Universal Shipbuilding Corporation announced on May 12th that it will introduce two 1,200-ton goliath cranes to Ariake Shipyard additionally. The introduction of cranes into the shipyard will be completed in the autumn next yea...
2011-05-16 13:02:59
Hitachi Zosen ups sales by 40% [General]
According to the three-year mid-term management plan announced by Hitachi Zosen Corporation on May 11th, it predicted that its sales in 2013 will increase 140% to 400bn yen (USD 4.94bn) and its operating profit will increase 150% to 20bn. It also ...
2011-05-16 12:59:39
Sungdong Wins FSO: Setting Milestone [Offshore]
Sungdong Shipbuilding & Marine Engineering has scored its first contract to build an offshore facility worth around KRW 70bn ($64m). The South Korean shipbuilder announced today that it has won a contract to build one floating storage and offloadi...
2011-05-16 11:28:22
Daewoo boosts wind turbine orders [General]
Canada-based DeWind, which is subsidiary of Daewoo Shipbuilding & Marine Engineering and takes the lead in DSME's wind turbine business, won wind turbine orders, signing contracts to supply 55 wind turbines so far this year. In April, Dewind wo...
2011-05-16 07:47:17
Samho went bankrupt [Finance]
Samho Shipbuilding, situated in Tongyeoung, Southern Gyengsang province, South Korea, went bankrupt due to financial difficulties. According to Samho's creditors on May 13, Samho was supposed to honor a promissory note of KRW 2.1bn (USD 1.93m) bu...
2011-05-16 07:34:43
Technomar to book 6,600TEU's [Shipping]
Greek shipowner Technomar Shipping is said to be mulling an order for up to four ships of 6,600 teu in South Korea. Technomar is widely reported to be in negotiations with South Korean yards for a series of wide-beam, post-panamax ships of 6,600 ...
2011-05-16 07:25:49
Samsung tops 1,000 patent applications [General]
Samsung Heavy Industries opened up new era in patent applications; it became the first South Korean shipbuilder to have applied for more than 1,000 applications annually. According to the Korean Intellectual Property Office, Samsung applied ...
2011-05-16 07:23:43
Start  Prev  3921  3922  3923  3924  3925  3926  3927  3928  3929  3930  Next  End
« 2024 - 6 »
Sun Mon Tue Wed Thu Fri Sat
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30            
Most Read Articles
There is no data
Related Media News
Navy Chooses Evolution Over Re…
Women encouraged to take up sh…
$765M Research Vessel Highligh…
Latest NB Fixtures
STX, up to 3 tankers
DSME, 3 VLGCs
DSME, 10 VLCCs
Column/Contribution
Steps toward Operational Excellence in Shipbuilding: Elimina…
Reportage/Interview
[Interview: Danfoss Group] "NB market to be recovered"