Korea Shipbuilding Industry, The Biggest Crisis Ever In 2012 [Shipbuilding]
Shipbuilding Industry is seen as the lynchpin of the Korean economy amid three crises such as soaring oil prices, high exchange rates and high raw material prices. According to the last year study of export status by industry, shipbuilding indust...
2008-07-18 10:25:14
STX Group Expanding Recruitment In The Second Half Of 2008 [General]
STX Group is slated to substantially expand recruitment in the second half of 2008. STX made a statement on July 16th that they are going to recruit a total of around 1,250 employees, including 750 entry-level university graduates and 500 experie...
2008-07-18 10:24:47
Shipbuilding Industry, Tepid R&D Investment [Shipbuilding]
The world’s leading shipbuilding companies, Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering, are seen to be investing just one percent of total sales on R&D. The ratio is not up to the level of an...
2008-07-18 10:23:55
Japanese Steel makers, Anxiety over short steel supply [Shipping]
The uncertainty over short steel supplies from Japanese Steel industry seems to be persisting. According to 18 affiliated companies’ survey, under the Shipbuilders’ Association of Japan (SAJ), the steel delivery to shipyard can be delayed by up ...
2008-07-17 11:37:09
Big 3, Seeking to differentiate strategies [Shipbuilding]
Hyundai Heavy Industries Co., Samsung Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering, which are leading the shipbuilding industry in the world, are seeking different order strategies. According to Shipbuilding industry source c...
2008-07-17 11:36:48
Shipbuilders, strengthening technology security system [Equipment]
Security and control division in Daewoo Shipbuilding & Marine Engineering get into so-called ‘strategy’ mode when all employees leave the office. And then they analyze the suspected worker’s personal computer hard disk and then put back into th...
2008-07-17 11:36:28
The largest cruise ship to be unleashed [Shipping]
It is reported that the largest cruise ship is about to be released, with features such as soccer-field- sized park inside the cruise ship on July 2009. According to the industry sources, the Aker Yards’ Turku shipyard in Finland, which is the ...
2008-07-17 11:36:08
FLEX orders LNG-P every half year [Shipbuilding]
FLEX•LNG(British Virgin Islands), LNG-producing shipping agent whose major stockholder is Kawasaki Kisen Kaisha(K Line) in Japan, has signed up for a contract entitling it to order LNG production ships(LNG-producers) every half year from Samsun...
2008-07-17 11:35:13
Nippon Steel Engineering, expanding orders for marine equipm... [General]
Nippon Steel Engineering Co. plans to expand receiving orders for equipments for handling crude oil and gas, to be installed on the sea, from Southeast Asia. Based on Indonesia, plan, procurement, construction and comprehensive order system are to be...
2008-07-17 11:34:35
JFE/IHI (Japan) Accelerate Shipbuilding Merger Negotiation [General]
A merger negotiation between JFE Holdings (Japanese biggest conglomerate consisting of various shipbuilding companies) and IHI shipbuilding department is under way, aiming to start a united corporation on April next year at the earliest. According...
2008-07-17 11:33:29
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