China: To roll out birth certificate [General]
From January 1st of 2011, the important shipbuilding dates of China registered ships above 500GRT must be confirmed on site. As is reported earlier, in 2010 Chinese output hit 60m tons. About 70% came from Zhejiang, Shanghai and Jiangsu. Zhejia...
2011-01-27 14:36:27
Namura surprised by KLC filing [Finance]
Japan's Namura Shipbuilding, which had delivered a newbuilding to Korea Line Corp just last year, is surprised at the news of the South Korean shipping company's application for court receivership. KLC has two vessels on order at Namura, one 177,0...
2011-01-27 13:00:08
Daewoo buys local vouchers [General]
Geoje-based shipyard, Korea's Daewoo Shipbuilding & Marine Engineering has purchased a bulk of local vouchers to contribute to the development of local economy, facing the Korea's biggest holiday. Daewoo announced yesterday that it has bought vou...
2011-01-27 11:59:57
Greek: biggest investor in secondhand [Shipping]
It is disclosed that Greek shipowners actively engaged in the S&P (Sale & Purchase) market of secondhand vessels to acquire secondhand ships last year. They invested the overwhelming amount of capital of overall $9.3bn into the S&P market, beatin...
2011-01-27 11:22:42
Hanjin sees increasing retirees [Equipment]
Amid continuing labor-management conflict on the matter of the large-scale layoff issued by Korea's Hanjin Heavy Industries & Construction, the number of voluntary retirees has increased again to 163 production workers. According to Hanjin yester...
2011-01-27 10:50:50
2011 marine R&D presentation [General]
Korea Institute of Marine Science & Technology Promotion will hold '2011 Marine R&D General Presentation of Ministry of Land, Transport and Maritime Affairs (MLTM)' from the 8th of next month, starting with Jeolla Province from Gwangju Institute of S...
2011-01-27 10:24:06
Boxships orders to reach 1.6m TEUs [Shipping]
A new research from BIMCO’s shipping analyst, Peter Sand, revealed that the total containership orderbook has fallen by 1 million TEUs, or 21% from 4.9 million TEUs this time last year to 3.9 million TEUs today. In total, 2010 saw the deliveries...
2011-01-27 09:36:36
Taizhou Catic inks six 76K BCs [Shipbuilding]
China’s Taizhou Catic Shipbuilding & Heavy Industry has won six 76,000-dwt panamax bulkers reportedly from Germany’s Harren & Partner. The contract value stands at $180m in total. It seems the owner was led to order the panamaxes by the at...
2011-01-27 09:18:18
Hyundai to use 14% more plates [Equipment]
Hyundai Heavy Industries (HHI) is to use 14% more steel plates this year as its shipbuilding volume ramps up. It expects to get through 4m tons as the business recovers from the global slump, it told Bloomberg. Consumption among the world’s...
2011-01-27 09:06:07
Van Oord to install offshore windfarm [Offshore]
Dutch dredging and marine-construction giant Van Oord announced it has joined forces with green investment firm Typhoon Offshore in signing a letter of intent for the construction of Bard Netherland’s newest offshore windfarm. The project, whic...
2011-01-27 08:57:01
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