Wärtsilä propulsion packages for Wilson ...
Wilson Shipowning AS, one of Europe's leading short sea bulk carrier operators, has ordered Wärtsilä propulsion packages for a series of eight 4500-dwt general cargo bulk carriers. The vessels will be built by Shandong Baibuting Shipbui...
Falling tendency in steel price lasts in China
In Jun 2008, the Chinese domestic steel price recorded the highest point of the first half of this year, yet, the price is currently shown to have decreased by 16%~23% or RMB 1000 per ton. Following this, the majority of the steel price was return...
Continuous decrease in prices of steel plate in China
In China, the prices of steel plates for shipbuilding keep falling. According to a local media, about 25 steel companies in China, as of September 20, have announced that they would reduce their steel material prices. The media said all of Chin...
DSME overcame Tera-block
Daewoo Shipbuilding & Marine Engineering (DSME) developed the ‘Synchronized Operation’ lifting a 6,000-ton super-size block which is about one fifth of the whole vessel’s weight, which is the breakthrough in the shipbuilding industry. This ...
Chinese shipbuilding plate likely to slide in October
Chinese SBQ plate market prices likely to slide in October According to Mr Li Zhongshuiang General Manager from Shanghai Ruikun Metal Material Co Ltd "There have been no signs showing that shipbuilding plate market price will stop declining by the ...
Hyundai engine broke record
The large-scale engines Hyundai Heavy Industries (HHI) has produced so far totaled 80 million horsepower for the first time in the world. On October 7, HHI revealed that it has successfully constructed a 70,000 h.p. large engine, ordered from Jap...
Japanese shipbuilders need more steel next year
According to the data from the Shipbuilders’ Association of Japan (SAJ), the association’s 18 member companies are expected to purchase 6.9% larger amount of steel materials (against this year) totaling 4,910,000 tons in 2009 fiscal year, which m...
Inauguration of Wärtsilä-Hyundai engine ...
Wärtsilä-Hyundai Engine Company, a joint venture between Wärtsilä Corporation and Hyundai Heavy Industries (HHI), today inaugurated its new factory in Dae-bul national industrial complex, South Jeolla province, South Korea. Du...
Falling prices of steel plate in China
It seems the prices of steel plate for shipbuilding will go down by some steel makers in China, while some steal makers in South Korea are increasing the prices. South Korea’s Dongkuk Steel made their policy clear recently that they are going to...
The prices of steel plate increased again – shipbuilde...
South Korean steel maker Dongkuk Steel Mill raised the thick steel plate prices again, and shipbuilders censured the move and requested ‘win-win’ strategies. Dongkuk has decided to hike prices of shipbuilding steel plate by KRW 150,000 per ton...
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