Gdynia shipyard unveils car freighter [Shipbuilding]
The third-to-last ship to be produced at the Gdynia shipyards on the Baltic Sea was unveiled Wednesday. The automobile freight ship has thirteen inner decks, is 200 metres long and is the height of a 10-story building. It has the capacity to trans...
2009-03-27 07:01:15
ThyssenKrupp cuts work hours at shipyards-union [Shipbuilding]
ThyssenKrupp is shortening work hours at its two key shipyards in north Germany, union IG Metall said on Wednesday. Wolfgang Maedel, IG Metall's regional head in northern Germany, told Reuters the shortened work hours programme will start in April...
2009-03-27 06:58:43
ThyssenKrupp to sell Greek shipyard [Finance]
ThyssenKrupp AG is to put Hellenic Shipyards up for sale on April 1, as part of a shake-up announced last week when it was announced that a new group structure was being put in place. Now Kathimerini reports that part of the shake up will include the...
2009-03-27 06:52:22
China needs 13m tons of shipbuilding steel [Equipment]
The China Boat Industry & Trade Association (CBITA) projects that the country's demand for steel materials for use in shipbuilding in 2009 will jump 10.8% from the previous year to 13.3 million tons, according to local newspaper reports. The organiza...
2009-03-27 06:49:19
Daewoo No.1 Productivity [Finance]
Daewoo Shipbuilding & Marine Engineering (DSME) recorded the highest labor productivity last year among the big 4 shipbuilders in South Korea. Last year, DSME, whose employees amount to 11,830, posted revenue of KRW 11.0746trn ($8.289bn) which mea...
2009-03-27 06:17:30
Daehan launches its fifth ship [Shipbuilding]
Daehan Shipbuilding of South Korea on March 26th held a launching ceremony for a 170,500-dwt bulk carrier. The ship floated this time was the fourth of the eight bulkers ordered by Norway’s Golden Ocean Group and it is the fifth ship Daehan buil...
2009-03-27 06:13:03
MacGREGOR wins RoRo outfit contract [Equipment]
Two logistic support vessels for the Australian Navy will be fitted with specialist systems from Cargotec’s MacGREGOR that enable the recovery of amphibious vehicles at sea. MacGREGOR has won the contract to deliver a specially-designed RoRo outfit...
2009-03-26 14:54:08
Hyundai Lifeboats completes No.2 Factory [Shipbuilding]
Hyundai Lifeboats, South Korea’s only manufacturer of lifeboats and other special vessels, said on March 25th that it held a ceremony for the completion of its No. 2 Factory after 18-month-long construction, and started operation of the plant in ea...
2009-03-26 13:08:00
ADNOC signs 13 newbuilds [Shipbuilding]
Abu Dhabi National Oil Co. shipping subsidiary Abu Dhabi National Tanker Co. has signed contracts for the construction of 13 new ships for its fleet. All are scheduled for delivery by yearend 2011. "ADNOC has signed shipbuilding contracts with F...
2009-03-26 09:46:28
Daewoo to sell KWD 500bn in bonds [Finance]
Daewoo Shipbuilding & Marine Engineering, the world's No. 2 shipbuilder, said on Tuesday it would sell 500 billion won ($361.4 million) in three-year domestic corporate bonds. Daewoo said in a filing with the financial regulator that proceeds from th...
2009-03-26 07:43:30
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