Japan's equip makers target China [Equipment]
Japan's shipbuilding equipment makers are reviewing their strategy to enter Chinese market. With Chinese shipbuilding output expected to hit the largest volume in the world this year, Japanese ship parts suppliers are examining ways to expand thei...
2010-12-08 11:24:50
STX develops optical communications welding [Equipment]
STX Offshore & Shipbuilding developed the first optical communications welding system in the world. Welding is one of core processes in shipbuilding. In the traditional analog welding system, 10 welding cables had to be mobilized, but by introd...
2010-12-08 11:02:36
World Shipbuilding 2011: Slight fall [Shipping]
The performance of global shipbuilding market is obviously beyond previous expectation. In 2011 the market may fall slightly because delivery peak will occur next year and overcapacity will become more serious. The weakening of bulk carrier market is...
2010-12-08 10:04:02
Shanghai wins 8 boxships again [Shipbuilding]
As is reported earlier, Shanghai Shipyard won four plus four 3,800TEU boxships from Germany shipowners. Recently Shanghai Shipyard signed contract with Nile Dutch (NDS), to build another four plus four 3,500TEU boxships. The first ship among them was...
2010-12-08 10:03:37
Chinese ship export breaks $30bn [Shipbuilding]
With sustainable growth, Chinese ship export broke $30bn for the first time. According to customs statistics, Chinese ship export value reached $33.11bn, rising by 50.64% against that of last year. On the other hand, the ship import achieved $1.48bn,...
2010-12-08 10:03:14
Big 3 CEOs continue in office [General]
The CEOs of Korea's large-sized heavy industries companies are seen to have continued at their post or been promoted in 2010's CEO reshuffle, which is a good news for warm end of the year. This is probably because it is only one year since the la...
2010-12-08 09:09:56
Japan expands plant export financing [Finance]
The Japanese Government is getting heated again in the industrial and offshore plant export support policy. Japan's prime minister, Kan Naoto, revealed in the 'strategy meeting to achieve a new growth' held in the official residence of the prime ...
2010-12-08 08:50:38
Japan bolsters its shipbuilders [Shipbuilding]
Japan's Ministry of Land, Infrastructure, Transport and Tourism is said to have decided to come up with comprehensive measures to shore up its 'weakened' shipbuilding business sector. According to its plan, the supporting measures will have been ...
2010-12-08 08:40:49
Acute confrontation: S&M yards & subcontractors [Equipment]
As the recession of the shipbuilding business has been dragging out for too long, conflicts between small- and medium-sized shipbuilders and their subcontractors are getting intensified. Some subcontractors of a certain shipyard in Tongyeong, Gye...
2010-12-08 08:29:55
Hyundai to continue upturn [Shipbuilding]
Korea's Hyundai Heavy Industries (HHI) is prospected to continue its upward trend in business results for the Q4 and next year, following the Q3. Lee Ji-hoon, an analyst of Korea's SK Securities, examined the shipbuilding business for next year a...
2010-12-08 08:20:51
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