Hanwha to go after Daewoo deposit [General]
Hanwha Group said recently it plans to file a lawsuit to reclaim a deposit seized by a state-run bank after the group’s aborted deal to buy a shipbuilder. The Korea Development Bank on Thursday nixed the deal to sell Daewoo Shipbuilding and Mar...
2009-01-28 07:18:03
Post Cabotage: Continental Shipyard dry-docks 148 vessels [General]
Five years after the Federal Government passed the Inland and Coastal Shipping Act otherwise known as Cabotage Act, ship repair yards are beginning to enjoy the benefit of the law as the Continental Shipyard in Nigeria has recorded a total of 148 ves...
2009-01-28 07:14:02
Berlian Laju may buy LNG carrier and tankers [Shipbuilding]
Indonesia’s Berlian Laju Tanker (BLT) could splash $280m on buying one LNG carrier and four chemical tankers this year. Financial chief Kevin Wong told Investor Daily Indonesia that the owner would raise its debt levels and use internal cash reserv...
2009-01-28 07:02:18
30 tanker newbuilds axed [Shipbuilding]
As for tankers which are taking a smaller hit from the global market slump, around 30 newbuildings have been cancelled since last October. According to the market report recently released by Drewry Shipping Consultants, newbuilding contracts for a...
2009-01-28 06:22:08
Newbuilding ordering: '0' level [Shipbuilding]
Newbuilding ordering activity has ceased following global shipping market collapse, and shipyards kept receiving ‘zero’ newbuilding order. According to reports released by leading shipping market analysis firms, no official newbuilding contrac...
2009-01-28 06:13:18
Strike at Turku Shipyard [General]
All employees at the Turku Shipyard walked off the job at noon on Thursday to protest what they saw as a lack of flexibility by their employer STX Europe. The hottest dispute between labour and management was the elimination of flexible working ho...
2009-01-23 16:12:01
Shipyard accident kills two, injures 20 in Japan [General]
Two people died and about 20 others sustained injuries after a 27-meter-long gangway at a shipyard in Oita, Kyushu Prefecture of Japan, collapsed Friday, local media reported. The gangway to a ship that is under construction collapsed at around 9:...
2009-01-23 15:56:39
Vale splashes out for massive newbuildings [Shipbuilding]
Vale will pay domestic shipyards BRL 399m ($170m) for 49 tugs and barges, the Brazilian miner said Thursday. The order by the company, the world's largest iron ore producer, includes two river barge convoys, each made up 16 barges and two pushboat...
2009-01-23 07:55:31
Samsung wins FLNG : Kanfa Aragon [Offshore]
Kanfa Aragon AS, a subsidiary of Sevan Marine ASA, on January 22th signed a contract with Samsung Heavy Industries in South Korea for the development of a liquefied natural gas production topside to the world’s first Floating Liquefied Natural Gas ...
2009-01-23 07:48:37
"Welding in Shipbuilding and Construction Engineering" Sympo... [General]
Higher structures, larger ships, more sophisticated steel constructions - welding technology is constantly confronted with new challenges. Complex welded structures call for new designs, materials, welding techniques and test concepts. The latest sol...
2009-01-23 07:39:13
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