IPK paints 2,000 newbuildings [Equipment]
Korea's ship-painter, IPK, has revealed that its 2,000th-painted new ship has been delivered. This record to paint 2,000 new ships has been made for the first time in the world ship-painting industry, and the 2,000th newbuilding is Hanjin Shippin...
2011-03-27 23:03:45
Two LNG ships may be ordered [Offshore]
It is forecast a newbuidling order for two LNG ships to be put into Canada's LNG export project would be placed. The project planned by BC LNG Export Co-Op is a middle-scale LNG project to export 1.8m tons of LNG a year from British Columbia's li...
2011-03-25 12:32:09
Sanoyas Hishino fuels ship-tech [Finance]
Japan's Sanoyas Hishino Meisho will establish a 'ship technology division' as of 1st April to make immediate responses to energy-saving or environment issues for their new products through the professional research division. The yard is also arra...
2011-03-25 12:11:17
Daewoo, labor-management conflicts [Finance]
S. Korea's Daewoo Shipbuilding & Marine Engineering cannot open the shareholders' meeting supposed to take place in its headquarters office at 10 a.m. today since the labor union blocks the main entrance. The labor and management of Daewoo has be...
2011-03-25 11:42:11
Hyundai-Steel increases production [Equipment]
Korea's Hyundai-Steel plans to steadily increase its market share in the shipbuilding steel plate market. The steel producer, for now, provides only small amount of steel plates to Daewoo Shipbuilding & Marine Engineering and STX Offshore & Shipb...
2011-03-25 11:01:35
CSSC forms shipbuilding complex [General]
China State Shipbuilding Corporation (CSSC) signed a 'strategic cooperation agreement for shipbuilding and offshore facility-building' with Guangzhou, Zhuhai and Zhongshan city in Guangdong province on 14th March. With this, CSSC plans to increase in...
2011-03-25 10:44:25
Korea big3 to enjoy LNG boom [General]
Since a fear over nuclear power is rising due to the recent nuclear power plant shock in Japan, there are growing demands for alternative energy, LNG, raising a high expectation for new LNG ship orders to be placed. Yu Jae-hoon, analyst of Seoul...
2011-03-25 10:14:10
Supramax stealing Pax. trade [Shipping]
Bigger newbuilding supramaxes are taking trade from panamaxes in coal and grain shipping market. Increased fuel efficiency, as smaller bulkers burn less bunkers, combined with lower rates are making supramaxes a preferable choice. “These new ...
2011-03-25 07:53:11
SCI in tender for VLCC & Kamsarmax [Shipbuilding]
Shipping Corporation of India (SCI) is in the process of acquiring eight very large vessels to augment its capacity, besides buying second-hand vessels on offer at a low cost in the aftermath of the global economic crisis. The state-owned firm pla...
2011-03-25 07:46:22
Pearl GTL plant 'Onstream' [Offshore]
Qatar Petroleum and Shell announced Wednesday (23 March) the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar. Shell, which is the operator of the Pearl GTL plant developed...
2011-03-25 07:38:58
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