Hanjin's new launching method [Shipbuilding]
South Korean large shipbuilder Hanjin Heavy Industries & Construction has developed a new launching method called ‘Barge To Floating Dock Launching’ which floats on-land built ship using barge and floating dock. Hanjin said it has successfully...
2009-09-10 13:25:13
Hyundai passes 90m bhp mark [Equipment]
Hyundai Heavy Industries exceeded 90 million bhp in large engine aggregate production for the first time on the planet. This milestone was reached in just 30 years after Hyundai completed its first large ship engine. The production pace of the Sou...
2009-09-10 11:57:16
Rickmers delays five 7,000-teu ships [Shipbuilding]
According to foreign media sources, Hyundai Heavy Industries of South Korea has reportedly delayed delivery of five 7,000-teu containerships ordered by German owner Rickmers Group. Originally, delivery of the ships was set between the third quarter o...
2009-09-10 08:00:28
Mitsubishi adopts new welding [Equipment]
Japan’s Mitsubishi Heavy Industries (MHI) announced on September 8th that it will apply the new welding method called the Laser-Arc Hybrid Welding on a general commercial vessel for the first time in the country. The Nagasaki Shipyard of MHI has re...
2009-09-10 07:56:33
France mulls €1bn bailout fund [Finance]
France is the latest country to consider financial support for cash-strapped shipowners after the German government promised help for struggling Hapag-Lloyd as other container lines hover perilously close to collapse. Some of the world’s top ocean ...
2009-09-10 07:54:25
CSBC hit by cancellations and delays [Shipbuilding]
Taiwan’s largest shipbuilder CSBC Corp has taken a big hit by order cancellations and delivery delays after it posted a 6.4% drop in sales to $T21.8bn ($667.4m) in the first eight months of this year compared with $T23.3bn last year. The figures...
2009-09-10 07:51:55
Polish yards sale deadline extended [Finance]
Brussels has extended its deadline for Poland to sell the assets of its two largest shipyards until the end of the year. The Polish Ministry of the Treasury had agreed to sell off the two state-owned yards in Gdynia and Szczecin following an onlin...
2009-09-10 07:48:29
Odense boss quits after restructuring [General]
Odense Shipyard managing director Finn Buus Nielsen has resigned following a decision to divide the organization into two separate divisions. The company restructuring represents the final details of a plan to close down the Lindø Shipyard first ...
2009-09-10 07:46:16
German shipyard turns wind yard [General]
Hamburg-based wind turbine manufacturer Siag Schaaf is to take over Emden-based shipyard Nordseewerke from ThyssenKrupp Marine Systems. Siag chief executive Rüdiger Schaaf and TKMS chief executive Hans Christoph Atzpodien have agreed on a dra...
2009-09-10 07:43:37
STX Europe bags French navy deal [General]
The STX Europe shipyard at Saint Nazaire in France has landed a contract worth more than €40m ($58m) for maintenance work on four French navy oil supply tankers. The contract is to run until 2013 and covers four vessels, Meuse, Var, Marne and So...
2009-09-10 07:40:18
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