Sungdong plants trees with Japanese owner [General]
Korea's Sungdong Shipbuilding & Marine Engineering planted commemorative trees with some senior officers of Japan's shipowner, KUMIAI, in Mangilbong Park in Tongyoung yesterday before it holds a naming and delivery ceremony for the 180,000-dwt bulker...
2011-01-25 06:53:59
STX makes early payment [Finance]
Korea's STX Group has decided to make an early payment of bills for practicing a win-win growth with its subcontractors and for a warm welcome of New Year holidays. All of STX Group's affiliates including STX Offshore & Shipbuilding and STX Engin...
2011-01-25 06:46:52
Sinopacific signs first Order in 2011 [Shipbuilding]
Shanghai, China – Sinopacific Shipbuilding Group has managed to win its first order of 2011 from new Turkish client DENSAN SHIPPING. The order is for two 58,000 DWT 'Crown58' bulk carriers, which are scheduled to be delivered by the end of ...
2011-01-25 06:42:54
China’s ship demolition hit 283 units in 2010 [General]
According to official statistics, in 2010 Chinese ship demolition volume hit 283 units of 1.879m LDT. Statistics from China National Shiprecycling Association showed in 2009 Chinese ship demolition volume reached 3.1m LDT. Although the figure in 2...
2011-01-24 15:53:08
Mingde wins 2+2+2 tanker orders [Shipbuilding]
China’s Mingde Heavy Industry signed its first order in 2011with Norweigian Jo Tankers As, to build two plus two plus two stainless chemical tankers. It was Mingde’s first stainless chemical tanker order as well. The LOA of the tanker reached ...
2011-01-24 14:53:09
Rolls-Royce to power U.S. LCS [Equipment]
London-based Rolls-Royce, the global power systems company, will supply gas turbines and waterjets for 10 of the U.S. Navy's LCSs (Littoral Combat Ship). This is the group's largest ever marine naval surface ship contract. Two of the world's lar...
2011-01-24 12:40:26
MLIT holds new policy meeting [General]
Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Maritime Bureau in Japan held 'the 2th meeting for new policy for shipbuilding industry' on 20th January. Some executives of Japan's major shipbuilders and shipping companies expresse...
2011-01-24 11:39:46
K-Line to order large boxships [Shipping]
Japan's Kawasaki Line is said to be placing a newbuilding order for ultra-large boxships this year. The company has already booked 21 ships to be delivered by the end of 2012, but most of the ships were ordered before the Lehman Shock. And th...
2011-01-24 10:59:40
Daewoo opens new R&D institute [General]
Korea's Daewoo Shipbuilding & Marine Engineering has newly launched a 'central R&D institute', which will lead related projects to turn Daewoo into a integrated heavy industries company. According to Daewoo and industry sources on 24th January, D...
2011-01-24 10:29:31
Hudong: We are excited! [Offshore]
As China’s Hudong Zhonghua Shipbuilding won the country’s first export LNG carrier order, it seemed China broke the monopoly of Korean shipbuilders, in terms of hi-tech shipbuilding. As is reported earlier, Exxon Mobil Corporation and Mitsui O...
2011-01-24 10:18:10
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