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Offshore
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Int'l Paint builds Singapore laboratory
[Equipment]
International Paint is building a new, worldwide product development laboratory in Singapore.
2009-07-08 17:05:50
Keel laid for Queen Elizabeth at Fincantieri
[Shipbuilding]
On July 7th, at Monfalcone shipyard there was a keel laying of the passengership the Queen Elizabeth, ordered by Carnival group for the British shipowner, Cunard Line. Following the Queen Victoria, built at MarGhera shipyard in 2007, the delivery ...
2009-07-08 16:44:25
Find cool ways to beat heat ,,,
[General]
It is always difficult fighting the summer heat, even more so if you have to work out under the sun like Noh Tae-jin, a field employee at STX Offshore and Shipbuilding of South Korea. “This year, summer has come too fast and the temperature is m...
2009-07-08 14:43:18
Universal set to return to black
[Finance]
JFE Holdings' shipbuilding business is expected to post about 10bn yen ($105.7m) in pretax profit for the year ending March 2010, rebounding from 14.9bn yen of red ink a year earlier thanks to reductions in fixed costs and expenses for procuring stee...
2009-07-08 12:25:52
Hongkong shiprepairers to suffer further
[General]
Hong Kong's Yiulian Dockyards CEO Lienbo recently told local media that Hong Kong shiprepair industry is now facing downturn under the influence of global economic conditions, so ships which need repair work may not need to wait in line any more to b...
2009-07-08 11:51:57
COSL orders two offshore survey vessels
[Offshore]
China Oilfield Services Ltd (COSL) has ordered two offshore survey newbuildings at domestic shipyards. One contract, placed with Shanghai Shipyard, is for a deepwater 12-streamer seismic survey vessel to be named COSL 720. The vessel, which will b...
2009-07-08 07:33:36
Goulandris buys Metrostar newbuildings
[Shipping]
NJ Goulandris has emerged as the buyer of two newbuilding suezmaxes sold by Metrostar, brokers said Tuesday. It was reported last week that Greece's Metrostar sold the 160,000-dwt tankers under construction at Hyundai Heavy Industries for $72m api...
2009-07-08 07:29:45
Samsung postpones delivery date of LNG ships
[Shipbuilding]
A.P. Moller - Maersk will delay deliveries of two LNG carrier newbuildings on order in South Korea. According to foreign media report, the company will postpone the receipt of two 165,500-cbm LNG carriers currently under construction at Samsung He...
2009-07-08 07:25:27
Odense mulls industrial park
[General]
AP Moller Maersk-owned Odense shipyard’s remaining orders, which include seven ro-ro vessels and three Danish frigates, will see the yard’s orderbook last until 2012. After that, Odense will become more of an industrial park, if the management...
2009-07-08 07:22:02
Newbuild benchmark prices remain elusive
[Shipbuilding]
Shipbrokers agree that a realistic benchmark price for newbuildings remains as elusive as ever, despite a bundle of orders and resales over the last month. There is keen interest in the new price levels, to measure the extent of any fall since the...
2009-07-08 07:17:43
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