Japanese face high-yen crisis [Shipbuilding]
Japanese shipbuilders, which were set to resume newbuilding sales activity since early autumn, are faced with continuing strengthening of yen against US dollar. The yards are taking a direct hit from the high yen of JPY 80 mark against US dollar d...
2010-08-27 07:36:00
Jiangsu ship export hits $7.8bn [Shipbuilding]
From January to July, ship exports of Jiangsu Province China reached 509 units, totaling $7.8bn. It rose by 27.9% and 60.1% respectively against that of last year. Generally the ship export of Jiangsu keeps high speed growth. In January, February,...
2010-08-27 01:11:03
Jiujiang: Tough time [Shipbuilding]
Global shipbuilding industry experienced unprecedented winter in 2009. Jiujiang, located in Anhui Province, is a hub city connecting Chinese main cities along Yangtze River such as Wuhan, Chongqing, Nanjing and Shanghai. In addition, Jiujiang is ...
2010-08-27 01:10:17
Rongsheng: Behind VLCC orders [Shipbuilding]
Jiangsu Rongsheng Heavy Industries Group, which is the leading private shipbuilder in China, announced on 24th that they secured two VLCC oders from Greek shipowner. Experts thought the tanker serial orders from European shipowners raised China...
2010-08-27 01:09:19
Pours in BC orders [Offshore]
The flow of orders for Handysize-Handymax bulkers continues to evolve on a bullish tone for far east shipyards. In Handymax sector, STX Offshore & Shipbuilding bagged an order for two 57,300-dwt bulkers, with one more on option, from Greek owner ...
2010-08-26 09:33:51
Yangzijiang bags four 93K BCs [Shipbuilding]
Yangzijiang Shipbuilding which has listed Singapore Stock Exchange has received an order for four 92,500-dwt bulkers from compatriot Oriental Ocean Shipping. The newbuildings, to be completed in 2011-2012, are believed to have been priced at $39 ...
2010-08-26 09:24:15
Hyde Marine wins $20m BWTS order [Equipment]
Calgon Carbon Corporation said that its wholly owned subsidiary, Hyde Marine, Inc., has been awarded a contract by a leading South Korean shipyard to supply Hyde Guardian ballast water treatment systems (BWTS) for a series of tankers being built for ...
2010-08-26 08:24:30
Northrop Grumman announces layoffs [General]
Northrop Grumman Corporation says its Northrop Grumman Shipbuilding subsidiary has issued a Worker Adjustment and Retraining Notification (WARN) for 292 employees at its Gulf Coast shipbuilding facility at Pascagoula, Miss. Reductions will impact uni...
2010-08-26 08:21:53
Box heavyweights launch new service [Shipping]
CMA CGM, CSCL, Hanjin Shipping and Hyundai Merchant Marine have banded together to launch a new ACSA 2 direct service between Asia, Mexico and the West Coast of South America. This new joint service is expected to appeal to customers as it provid...
2010-08-26 08:19:34
Oman Drydock aims high [General]
State-owned Oman Drydock Company's (ODC) ship repair yard, under construction at the Port of Duqm on the Wusta coast, will provide more than just vessel maintenance and repair services. The world-class facility, scheduled to come into operation n...
2010-08-26 08:17:42
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