Japan eyes 70% rise in new orders [Shipbuilding]
Japan Ship Exporter's Association reported on April 12th that the combined ship export orders of Japanese yards during three-month period from January to March this year came to 65 ships of 3.05m GT and 1.29m CGT, which is a 71% increase year-on-year...
2011-04-15 06:26:28
Samsung passes $5bn for new orders [Shipbuilding]
Korea's Samsung Heavy Industries has become the second yard in Korea to hit $5bn in new orders this year, following Hyundai Heavy Industries. Samsung has recently won an additional newbuilding order for a $600m-worth drillship from Norway's Seadri...
2011-04-15 06:24:16
Offshore plant orders up 54.5% [Offshore]
Korean yards' combined new orders for offshore plants during the first quarter came to $4.363bn, increasing by 54.5% year-on-year. Korea Plant Industries Association (KOPIA) has announced Korea's plant industries won $12.4bn of new orders, in tota...
2011-04-15 06:22:21
CSSC wins Fishery Patrol Ship [Shipping]
China's CSSC Guangxi Xijiang Shipbuilding has won an order for 300-ton class Fishery Patrol Ship. It inked the newbuilding contract with Guangxi Fishery Administration, Ministry of Justice, on March 28th. The official duty vessel measures 47 me...
2011-04-14 12:54:28
Damen Twin Axe wind farm support vessel [Equipment]
Damen Shipyards, Gorinchem, Netherlands, is currently finalizing the first "Twin Axe" catamaran designed to provide a wide range of support services to offshore wind farms in the widest sense. It says that its High Speed Support Vessel 2610 is on...
2011-04-14 08:16:13
Odense shipyard bought by auctioneers [Equipment]
Maynards Europe GmbH and Hilco Industrial Europe (Hilco) announced their purchase of the equipment of the Odense Steel Shipyard (OSS) in Denmark. A wholly-owned subsidiary of AP Moller Maersk, OSS is one of the largest shipyards in Europe and for...
2011-04-14 08:07:35
Hyundai has most loyal workforce [Equipment]
South Korea's Hyundai Heavy Industries staff serve the longest at 19.1 years on average, according to a survey of the top 100 listed companies in terms of market capitalization as of Monday. It was followed by POSCO (18.9 years), the largest steel...
2011-04-14 08:00:21
Qingdao Hyundai delivers bunkering ship [Shipping]
Aegean Marine Petroleum Network Inc. announced Tuesday that it has taken delivery of the Tilos, a 5,500 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipbuilding in China. The vessel is being deployed to Singapore to support the...
2011-04-14 07:53:43
Chinese ship financing distorts market [Finance]
China’s pledge to provide massive ship financing to assist Greek shipowners build ships in China constitutes market interference that threatens to lead to overtonnaging, insists International Chamber of Shipping chairman Spyros Polemis. “It is...
2011-04-14 07:49:24
Grand Bahama relies on foreigners [General]
Grand Bahama Shipyard is gearing up to bring in more than 200 foreign workers amid a skills shortage. Joseph Darville, director of workforce development at the Caribbean yard, said the shiprepairer cannot find enough trained Bahamians to fill 221...
2011-04-14 07:40:43
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