SWS and Sunhel cooperate [Offshore]
On January 8th, Shanghai Waigaoqiao Shipbuilding Company Limited (SWS) and Jiangsu Sunhel Shipbuilding Heavy Industry Company Limited signed strategic cooperation agreement. As is known, SWS was one of Sunhel’s earliest partners. Experiencing co...
2011-01-11 15:00:09
BC orders rebound in 2010 [Shipbuilding]
According to statistics from London-based Lloyd's List, global shipowners ordered 682 bulk carriers in 2010, increased by 270 units against a year earlier and just fewer by 196 units against the figure in 2008. The report showed many shipowners held ...
2011-01-11 13:02:57
BN targets $900m sales [Equipment]
Korea's BN Group, which reserves total 14 affiliates and accounts for 30% of the world's fire-panel market share with its annual sales reaching KRW 500bn, has recently announced that it will attain KRW 1trn ($900m) in sales in 2011. The 62-year-o...
2011-01-11 12:55:55
Nippon Steel makes 5% price rise [Equipment]
Japan's Nippon Steel raised its steel plate price by JPY 5,000 ($60) per ton over the general distribution products from January this year. This is the first price rise in half a year, aiming to improve its profitability with backgrounds of main b...
2011-01-11 12:29:55
CSCL to take 16 ships by 2012 [Shipping]
China Shipping Container Lines Company Limited (CSCL), which was the largest container lines in China, expressed it would take 16 new ships by the end of 2012, totaling 146,800TEU. In this year, about 90,000TEU was about to be delivered. As more ...
2011-01-11 11:50:59
Hyundai wins Qatar offshore plants [Offshore]
Korea's Hyundai Heavy Industries has won 2011's first offshore new order by winning large-scale offshore project worth KRW 1trn ($900m). Hyundai announced today that it has recently signed a new order contract with Qatar's RasGas to build offshor...
2011-01-11 11:18:57
KOGAS to order five LNG carriers [Shipbuilding]
Korea GAS Corporation (KOGAS) is set to carry out new order talks over four or five LNG ships soon. The soon-to-be ordered newbuildings are supposed to transport 160,000-170,000-cbm LNG from Australia's Gladstone LNG (GLNG). The KOGAS's newbu...
2011-01-11 11:04:42
Jinse faces troubles reviving [Finance]
The bankruptcy division of Korea's Busan District Court decided, on 10th January, to abolish the rehabilitation procedure for Busan-based middle-standing shipbuilder, Jinse Shipbuilding, which filed for court receivership in 2009. The bankruptcy ...
2011-01-11 10:34:50
Shandong buys panamax resale [General]
China's Shandong Shipping, aiming to build up a large bulker fleet, has purchased a panamax resale from a local yard. An official from Penglai Zhongbai Jinglu Ship Industry confirms the deal for the 75,200-dwt bulker. He adds that the privately o...
2011-01-11 08:31:47
Taizhou Catic inks Pax. sextet [Shipbuilding]
China’s Taizhou Catic Shipbuilding Heavy Industries has won an order for six panamax bulkers worth at least $180m from an unnamed German shipowner. Catic Beijing, a wing of China National Aero-Technology Import and Export Corp (Catic, now known ...
2011-01-11 08:26:25
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