Keppel delivers 4th Sinvest jackup drilling rig on time [Shipbuilding]
Keppel FELS Limited (Keppel FELS) has delivered the jackup drilling rig, Deep Driller 6, to Sinvest AS (Sinvest), a subsidiary of Aban Singapore Pte Ltd (ASPL) on time and within budget. Deep Driller 6 is the fourth unit to be delivered in a seri...
2008-10-20 20:00:46
Sungdong names 4 tankers in a day [Shipbuilding]
On October 20, Sungdong Shipbuilding & Marine Engineering held a naming ceremony for four 75,000-dwt product carriers ordered from Dynacom Tankers Management, one of the ten largest tanker operators in the world. In the ceremony, Sungdong presiden...
2008-10-20 16:23:43
STX discuss Chinese business with Governor [General]
STX Business Group Chairman Duk-Soo Kang met with Chen Zhenggao, Governor of Liaoning Province, China on October 19 at a hotel in Dalian Changxing Island, and discussed matters of interest. In the meeting, Chinese high-ranking government officials...
2008-10-20 15:08:53
Universal-IHIMU discussing its integration [Shipbuilding]
The discussion for integration of Japan’s JFE Holdings and IHI seems to be in progress through the working-level discussion between the involved subsidiaries of shipbuilding companies, Universal Shipping Cor. (USC) and IHIMU. Their basic idea on...
2008-10-20 12:03:11
DSME union mulling over counterplans [General]
The labor union of Daewoo Shipbuilding & Marine Engineering (DSME) is busy coping with changed situations as POSCO got disqualified for DSME bidding and the bidding battle became two-cornered between Hanwha and Hyundai Heavy Industries (HHI). The ...
2008-10-20 12:03:07
Croatia targets shipyards sale in 2009 [Shipbuilding]
Croatia government plans to publish international tenders for the sale of its ailing shipbuilding industry in the second half of November and will completed the sale during Next year, a government source said on last Friday. Croatia government con...
2008-10-20 11:24:09
Slowed needs in shipbuilding [Shipbuilding]
The newbuilding price showing the shipbuilding industry’s cycle seems highly likely to plunge. This is based on the fact that the freight rate is likely to drop quicker than expected as the decrease in demand has brought together before the supp...
2008-10-20 09:19:36
Newbuilding order decrease by 30% [Shipbuilding]
The volume of orders for ships to carry raw materials and consumer products will decline 30% by 2012 due to the credit stringency which gave a blow to the entire industrial world, according to a prospect. A foreign media report says the world ship...
2008-10-20 07:07:35
Hanwha wins the bidding race for DSME? [Finance]
As POSCO got ‘disqualified’ in the bidding battle for Daewoo Shipbuilding & Marine Engineering (DSME), the battle became a two-sided contest between Hanwha and Hyundai Heavy Industries (HHI). With the final decision a couple of days ahead, exp...
2008-10-20 07:05:50
Fincantieri net Income drops [Shipbuilding]
FIRST HALF 2008 CONSOLIDATED RESULTS SHOW A POSITIVE TREND OF THE GROUP DESPITE THE ADVERSE AND RADICALLY CHANGED MARKET SITUATION. THE BOARD OF DIRECTORS EXPRESS HIS SYMPATHY AND SUPPORT TO THE FAMILY OF THE WORKER DIED IN AN INCIDENT OCCURRED AT ...
2008-10-18 12:30:18
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