Orderbook depressing new orders [Shipbuilding]
RS Platou has forecast an imbalance in shipping supply-demand this year, as vast numbers of newbuildings are delivered from Asian shipyards. Despite it forecasting tonnage demand to grow 8% in 2011 and the same amount in following years, “the pr...
2011-03-25 07:30:56
Greek spree for wide-beam 4,800TEU's [Shipping]
Two Greek shipowners have inked firm orders for pairs of post-panamax container vessels with Zhejiang Ouhua Shipbuilding. Thenamaris Ships Management has placed contracts for two 4,800 teu widebeam vessels at the Chinese yard, finally clinching a ...
2011-03-25 07:20:38
OceanSaver launches 'Mark II' BWTS [Equipment]
OceanSaver recently announced plans to launch revolutionary next generation ballast water management technology. The Mark II technology realises OceanSaver’s strategy to roll out its high-end technology to different sized vessels. OceanSaver’s Ma...
2011-03-25 07:08:32
Kitanihon's recovery plan [Shipbuilding]
Japan’s Kitanihon Shipbuilding is planning to resume newbuilding production shortly, even though its facilities were badly damaged in the earthquake and tsunami that struck the country earlier this month. Kitanihon Shipbuilding is promising to c...
2011-03-25 07:01:25
World's first Tier-III compliant engine rolls out [Equipment]
MAN Diesel & Turbo confirms that MAN B&W 6S46MC-C8 engine with integrated SCR fulfills the IMO’s strictest emission standards. The engine, an MAN B&W 6S46MC-C8 type capable of an output of almost 7 MW, was constructed in autumn 2010 by Hitachi Z...
2011-03-25 06:53:46
Korea to enhance ship financing [Finance]
Lee Jong-chul (pictured), vice chairman of the Maritime Sector of STX Group, has been appointed the 27th chairman of the Korea Shipowners' Association (KSA). After appointed, he remarked in a press conference yesterday, "To gain a foundation for ...
2011-03-24 22:06:46
Posco increases production with price up [Equipment]
Korea's largest steel maker, Posco, has decided to increase emergency volume to replace Japanese steel products imported to domestic industry players. Plus, the steel maker seems to advance the price increase of steel products earlier than expec...
2011-03-24 22:06:02
Samsung launches 'Smart Shipyard' [Offshore]
S. Korea's Samsung Heavy Industries and KT held an opening ceremony for 'Smart Shipyard' yesterday at Samsung's Geoje shipyard. The yard said it has formed wireless internet access environment where workers can process tasks in real-time. T...
2011-03-24 22:05:20
Shipbuilders plan GTL-FPSO [Offshore]
Amid skyrocketing oil prices, Korea's shipbuilders are plunging into the GTL (GAS-To-Liquid) business. GTL is technology that switches natural gas to high quality, clean-burning oil products or chemicals such as diesel or jet fuel at lower costs....
2011-03-24 22:04:31
Daewoo to pen 20 18,000TEU's [Shipbuilding]
S. Korea's Daewoo Shipbuilding & Marine Engineering is said to have ended new order talks for 20 optional ships of 18,000 TEU with Denmark's AP Moller-Maersk and to sign a final contract for the ships in June. Daewoo and Maersk agreed on 20 optio...
2011-03-24 22:03:55
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