Equipment
MAN's new Liquid ME-GI Engine
MAN Diesel & Turbo has announced the introduction of its Liquid ME-GI (Liquid Gas Injection) engine. The Liquid ME-GI is powered by LPG (Liquid Petroleum Gas), a smaller market than LNG but of significance in certain segments such as the small ta...
2011-02-01 07:32:31
SWS refreshes Chinese record
On January 21st, Shanghai Waigaoqiao Shipbuilding (SWS) delivered two-unit 176,000dwt Capesize bulk carriers. So far, the output and delivery volume of SWS in January reached 1.001m dwt, which refreshed Chinese monthly output and delivery record. ...
2011-01-31 12:44:36
KSEG sings $150m export contract
The joint brand, KSEG (Korea Shipbuilding Engineering Group), formed by some Busan-based small- and medium-size shipyards and marine- and harbor-related enterprises has made an export contract worth $150m. The authority of Busan city has recently rev...
2011-01-31 10:11:22
Wartsila expects better performance
Finnish engine maker Wartsila's bottom line of EUR 176m ($241.80m) for the fourth quarter of 2010 was down on the EUR 396m booked a year ago but smashed forecasts. Having completed a cull of around 1,000 staff the company is expecting margins to ...
2011-01-31 07:22:59
Deliveries peak, Orders recover
2010 saw the greatest performance in history in deliveries causing a sharp drop in the total orderbook. Plus, new orders have recovered even faster than expected with newbuilding prices having increased by 3.4%. According to Clarkson Research Ser...
2011-01-31 06:38:47
Royal new cruiseship order coming!
Royal Caribbean Cruises may be ready to look to building a new cruiseship. "We feel time may now be right for such a move," Chariman and CEO Richard Fain said. The new ship would be a new class of ship, not another Oasis class ship. There's...
2011-01-28 12:40:29
KR inspects engines & pumps for PPS
Korean Register of Shipping (KR) revealed yesterday that it has been designated as a professional inspection agency of Korea's Public Procurement Service (PPS) and will conduct a specialized product quality inspection from the 1st of March. The items...
2011-01-28 07:24:49
'Big 4' expand plates use
As Korea's big four shipbuilders target to increase deliveries this year, the consumption of steel plates is expected to rise by 12% year-on-year to 8m tons. Hyundai Heavy Industries Group (Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyund...
2011-01-28 07:04:19
Hanjin sees increasing retirees
Amid continuing labor-management conflict on the matter of the large-scale layoff issued by Korea's Hanjin Heavy Industries & Construction, the number of voluntary retirees has increased again to 163 production workers. According to Hanjin yester...
2011-01-27 10:50:50
Hyundai to use 14% more plates
Hyundai Heavy Industries (HHI) is to use 14% more steel plates this year as its shipbuilding volume ramps up. It expects to get through 4m tons as the business recovers from the global slump, it told Bloomberg. Consumption among the world’s...
2011-01-27 09:06:07
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