Rongsheng eyes LNG carriers [Offshore]
China's Jiangsu Rongsheng Heavy Industries is beefing up its efforts to break into the LNG-carrier and offshore sectors. The company said, “We have been proactively participating in international project-bidding processes and are well positione...
2011-03-14 06:53:46
Vinnen books wide-beam boxships [Shipbuilding]
German owner FA Vinnen has inked two 3,800-teu containerships in China and has upgraded a third newbuilding under construction in Korea to a wider beam. Shipowner Michael Vinnen said that the latest two wide-beam newbuildings have been ordered at...
2011-03-14 06:47:59
STX worries about GNMTC cruiseship [General]
Last year, Libya’s General National Maritime Transport Co (GNMTC) ordered a 140,000-gt cruiseship at STX France’s St Nazaire shipyard. With Libyan turmoil continuing, now it is unsure whether the ship will ever be completed. Cruise-indust...
2011-03-14 06:32:02
Samsung inks 2nd wind vessel [Offshore]
Swire Blue Ocean has executed its option with Samsung Heavy Industries (Samsung) in Korea to build a second Windfarm Installation Vessel. The new vessel, Pacific Osprey, will be the same specification as Pacific Orca, inked in August last year an...
2011-03-14 06:26:14
Shandong to be offshore plant base [Offshore]
2010's combined production values of the shipbuilding businesses in China's Shandong area came to CNY 53.63bn ($8.15bn), combined sales to CNY 51.5bn and net profit to CNY 3.61bn, increasing by 3.2 times, 3.3 times and 3.6 times respectively against ...
2011-03-13 22:45:02
Japan tsunami effect on Korean limited [Equipment]
Korea's steel and shipbuilding industry expect the recent terrible shock and tsunami that happened in Japan not to have a considerable influence on market situations right now. Even though Japan's major steel producers, such as JFE Steel and New ...
2011-03-13 22:42:00
USA finalizes BWTS regulations [Equipment]
US COAST GUARD (USCG), which is now conducting a review over an independent regulations of each area for ballast water treatment system (BWTS), seems to make the final policies related to BWTS by April and to conduct concrete procedures to make them ...
2011-03-13 22:40:58
Hyundai initiates knowhow [General]
A number of Korean government officials learn the knowhow of labor-management harmony from Hyundai Heavy Industries known for coexistence between labor and management. Hyundai has revealed that it conducts a joint training for 240 government offi...
2011-03-13 22:39:03
Dae Sun made a big loss in 2010 [Finance]
Korea's Dae Sun Shipbuilding & Engineering announced on 11th March it made operating loss of KRW 92.5bn ($82m) for last year, increasing the degree of loss compared with the previous year. During the same period, the yard saw a 39.1% decrease in ...
2011-03-13 22:36:55
Newbuilding orders slowdown [Shipping]
It is raised that the total of newbuilding orders for this year would somewhat decrease due to a slowdown of shipping market situations while there were more newbuilding orders placed than expected last year. According to the Clarkson Research Servic...
2011-03-13 22:35:51
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