Bharati net up as new capacities kick in [Shipbuilding]
Shipbuilder Bharati Shipyard Ltd posted a 29 percent rise in quarterly net profit on higher sales as new capacity kicked in for timely execution of orders, a senior official said on Wednesday. Bharati posted a profit of 331.6 million rupees on a 45 p...
2008-10-30 14:59:29
Wartsila engines to power 400K VLOC [Equipment]
Wartsila engines will power the world’s largest ore carriers, 12 ships which have been contracted by a Brazilian shipowner. This is the biggest order for Wartsila RT-flex82T low-speed engines, which is one of four new engine types introduced by...
2008-10-30 14:57:17
MAN Diesel wins order for power plant engines [Equipment]
MAN Diesel announced October 23 that the British energy company Blue-NG has placed an order for a series of MAN B&W type 10L35MC-S diesel engines to be used for on-land power plants. The order represents a new, advanced application for the MAN B&W...
2008-10-30 14:27:42
SWS delivers first VLCC built to new rules [Shipbuilding]
China's Shanghai Waigaoqiao Shipyard (SWS) has delivered the first very large crude carrier (VLCC) built to Common Structural Rules (CSR). The 318,000-dwt Hua San, the first of 11 VLCCs confirmed to Lloyd's Register class at Shanghai Waigaoqiao, ...
2008-10-30 13:56:02
Keppel launches training centre [Shipbuilding]
Keppel Offshore & Marine Group Training Centre (Keppel O&M Training Centre), the technical and specialised skill training centre of Keppel Offshore & Marine Limited (Keppel O&M), has enhanced its capacity to 3,500 training places per annum with its n...
2008-10-30 13:39:56
Bohai first launches VLCC [Shipbuilding]
China’s Bohai Shipbuilding Heavy Industry first constructed 297,000-dwt class VLCC and held a launching ceremony for the ship at its 300,000-dwt dry-dock on October 21. The very large crude carrier, launched this time at the shipyard, was ordere...
2008-10-30 11:52:01
GSI’s net profit dropped [Finance]
Hong Kong stock market listed Guangzhou Shipyard International (GSI), under Chinese state-run shipbuilding Group CSSC, made public announcement that its net profit for the third quarter of this year recorded at CNY 153.5m which is a 28.84% drop again...
2008-10-30 11:10:05
Marine Tech Korea 2008 begins next month [General]
‘International Exhibition for the Korea Shipbuilding, Marine Technology Industries’ (Marine Tech Korea 2008) will be held in Changwon Exhibition Convention Center (CECO) in South Gyeongsang province, South Korea from November 11 to 14. Including ...
2008-10-30 10:54:01
NACKS expands dock [Shipbuilding]
Japanese Kawasaki Shipbuilding Corp. (KSC) and Chinese state-run shipping company COSCO’s cooperative Chinese shipyard, Nantong Cosco Khi Ship Engineering Co.,Ltd. held a ceremony on Oct 17 to celebrate the completion of its second extension work. ...
2008-10-30 09:30:26
Shipbuilders’ earnings better than expected [Finance]
South Korean major shipbuilders’ third quarter business results were shown to be better than expected, on the unconsolidated statistics. Although the prices of raw materials such as steel plates rose, low-priced steel plate stocks, enhanced prod...
2008-10-30 07:13:21
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