Chinese face lack of orders [Shipbuilding]
As new ship orders have abruptly decreased this year, many Chinese shipbuilders are said to be facing lack of orders on hold. According to industry sources, Chinese yards have secured new orders of 2.19m dwt in October but most of them were contra...
2009-12-03 06:31:48
LR & Bestway pursue green designs [General]
British ship classification society Lloyd’s Register and Shenzhen-listed Shanghai Bestway Marine Engineering Design (Bestway) are to jointly develop a new fuel-efficient bulk carrier in response to increasing pressure from owners and regulators for...
2009-12-02 14:01:46
Hyundai ‘HiMSEN’ wins design awards [Equipment]
Hyundai Heavy Industries-developed HiMSEN Engine has been awarded international design prizes successively. The South Korean ship and engine maker said HiMSEN Engine has recently won the ‘International Forum Design Award 2010’ bestowed by the ...
2009-12-02 13:04:09
STX Engine inks $45m supply contract [Equipment]
South Korean engine maker STX Engine said Wednesday that it has signed a KRW 52.3bn ($45.3m) contract with compatriot shipbuilder Hanjin Heavy Industries & Construction to supply high-speed diesel engines for patrol ships to be operated by the Korea ...
2009-12-02 11:56:00
‘Marintec China’ opens with largest scale ever [General]
‘Marintec China 2009’, Asia’s largest biennial international maritime conference and exhibition, opened in Shanghai New International Expo Centre, Shanghai, China, on December 1st. The 15th Marintec China event, which is to open until Decemb...
2009-12-02 11:17:42
Thai shipyard bags tug orders [Shipbuilding]
Thailand’s Asian Marine Services (Asimar) has secured newbuilding orders for two tractor tugs worth THB553.5m ($16.7m). The orders have been placed by the Port Authority of Thailand and are scheduled to be delivered in about two years. Both ves...
2009-12-02 07:40:49
Wartsila wins fresh order [Equipment]
Finnish engine giant Wartsila has won an order for eight main engines from China Shipping Container Lines (CSCL). The seven-cylinder RT-flex 68TD common rail two-stroke engines will be built under license by Doosan Engine in South Korea and will ...
2009-12-02 07:36:41
Finnish yard workers stage strike [General]
Members of Finland's Union of Salaried Employees have gone on strike for a week, affecting operations at STX Europe’s shipyards in the country. A total of 250 members walked out at the Turku yard, while 150 downed tools at Rauma. The strike...
2009-12-02 07:34:37
Samsung's new floating dock completed [Equipment]
COSCO Shipyard Group announced on November 27th that the floating dock ordered by South Korean shipbuilder Samsung Heavy Industries from its group yard COSCO Dalian Shipyard has been completed. With a capacity of 30,000 tons, the dock measures 19...
2009-12-02 07:28:54
HHI set for stake in Hyundai Corp [Finance]
South Korea’s Hyundai Heavy Industries is ready to hike its holding in trading firm Hyundai Corp ahead of its takeover of the company. The world’s largest shipbuilder will spend KRW 103.4bn ($89.06m) on shares owned by Hyundai Corp creditors,...
2009-12-02 07:26:19
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