Komeri signs MOU for cooperation [Equipment]
A memorandum of understanding for mutual cooperation was made Wednesday between the ship electronic equipment testing and certification center of Korea Marine Equipment Research Institute and the smart electronic components technical support center o...
2010-12-24 10:57:53
2010 STX Management Award [General]
Korea's STX Group held '2010 STX Management Award' in Millennium hotel, Seoul, yesterday and awarded the grand prize to STX Pan Ocean's atlantic sales and marketing division, which made a considerable contribution for the group to achieve management ...
2010-12-24 10:13:04
Boxship: Larger and larger? [Shipping]
In 1956, the first converted boxship appeared. In the 1970s’, the world’s universal container specification standards came out. As a result, container transport entered high speed time. In the middle 1960s’, the maximum capacity of boxships...
2010-12-24 10:07:01
Sinopacific rises with 54 deliveries [Shipbuilding]
It might be hard to judge now if the global shipbuilding industry is recovering, but China’s leading private shipbuilding company, Sinopacific Shipbuilding Group is a significant driving engine of the industry development and made a rapid growth in...
2010-12-24 08:41:38
Germanish orders jump since Sept. [Shipbuilding]
German shipbuilders' newbuilding orders have jumped since September this year, Hamburger Abendblatt reported, citing the German Shipbuilding and Ocean Industries Association (VSM). German shipyards have won nine orders worth about 2bn euros ($2.6bn) ...
2010-12-24 08:34:05
Tax concessions for Vinashin [Finance]
Vietnam has granted tax concessions to nearly-bankrupt shipbuilder Vinashin. Among the concessions, the state-owned firm will get a grace period until December 31, 2011 for paying its taxes, Tuoi Tre reported, citing the Ministry of Finance. St...
2010-12-24 08:31:13
API Marine supplies equip for 10 newbuilds [Offshore]
API Marine, based in Florida, USA, has signed a new contract with JSC Volgograd Shipbuilding Plant (Russia) for delivery of full Integrated Cargo Control, Monitoring and Alarm System for a series of ten oil/chemical tankers, ordered by Palmali Group ...
2010-12-24 08:27:37
Odfjell buys SLS resales [Shipping]
Norway's Odfjell has picked up two chemical tanker resales which had previously been cancelled by Gulf Navigation. Odfjell is to pay $42m each for the ships which are being built at SLS Shipbuilding in Korea. It is thought Gulf Navigation pai...
2010-12-24 08:22:32
Bergen inks OCV [Offshore]
Norway's Bergen Group has won an order for an offshore construction vessel from regular customer Volstad Maritime. Compatriot owner Volstad also has an option for a second newbuilding, according to a statement from the shipyard. Bergen says th...
2010-12-24 08:16:24
NOL secures $926m ship financing [Finance]
Neptune Orient Lines secured a loan worth $926m to help pay for a dozen newbuildings it ordered earlier this year. Combined with cash from a recent bond issue the Singapore-listed owner now has funding for the boxships at Daewoo Shipbuilding & Mar...
2010-12-24 08:11:04
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