India to relax rules for shipbuilders [Shipbuilding]
The shipping ministry proposes to check Chinese shipbuilders from grabbing orders from Indian shipowners by relaxing eligibility rules and granting purchase price preference for local shipyards to undertake contracts. “We are trying to create a ...
2010-11-29 06:43:34
Changxing offshore plant base comes out [Offshore]
The world’s largest offshore plant manufacturing base, namely Shanghai Changxing offshore plant base, was formally put into use and passed inspection. The coast line of Shanghai Changxing offshore plant base reached 12.5 kilometers, with 44 ber...
2010-11-29 01:25:00
NYK enters shuttle tanker market [Shipping]
Nippon Yusen Kaisha Line (NYK) announced in Tokyo that it would purchase 50% stock of Knutsen Offshore Tankers, which was the world’s No.2 shuttle tanker company. It was the first time that NYK involved shuttle tanker business. In future, NYK wa...
2010-11-29 01:24:22
CSSC and Sinosure cooperate [Equipment]
On November 22nd, China State Shipbuilding Corporation (CSSC) signed strategic cooperation agreement with compatriot China Export and Credit Insurance Corporation (Sinosure). Before the signing ceremony, General Manager Tan Zuojun of CSSC and Gene...
2010-11-29 01:23:20
Shinan Heavy launches heavy-lifter [General]
Korea's all-around logistics company Hanjin Corporation said Thursday that it has held a launching ceremony for the heavy-lift carrier 'Hanjin Pioneer' at Shinan Heavy Industries on November 24th. The keel for the vessel was laid in January this y...
2010-11-26 13:27:03
Taizhou Kouan bags 1,100TEUs [Shipbuilding]
China's Taizhou Kouan Shipbuilding announced that it has won an order for five 1,100-teu containerships from Norse Management of the UK. Delivery is slated between January and December, 2013. Taizhou Kouan has been focussing on building bulk ca...
2010-11-26 13:18:11
Taizhou: To wipe out ‘half-way’ ships! [Shipbuilding]
As is showed in picture, a gantry crane has been abandoned without maintenance and repairing. Seen from the window, a ‘half-way’ chemical tanker ordered by Spanish owner was abandoned on the berth. From October 2008, global financial crisis st...
2010-11-26 12:43:24
Yangzhou to ‘shrink’ shipbuilders [Shipbuilding]
Yangzhou, located in Jiangsu Province, is well known for charming scenery and shipbuilding industry. At the end of next five years, the amount of shipbuilders in Yangzhou will be reduced to less than 30 units. It means that local government will ...
2010-11-26 12:03:40
New Century wins two bulkers [Shipbuilding]
On the morning of November 22nd 2010, Jinagsu New Century Shipbuilding signed with compatriot Datong Shipping to build two-unit 82,000dwt bulk carriers. The LOA of the ship reached 229m, with 32.26m in breadth and 20.05m in depth. The draft came u...
2010-11-26 11:35:47
Hyundai revenue rises in Oct. [Finance]
Hyundai Heavy Industries announced Wednesday that its revenue for October was estimated at KRW 1.933trn (about $1.7bn). The figure is up by 8.66% against the same month of last year, and up 3.33% month-on-month. The accumulated revenue during J...
2010-11-26 09:34:07
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