Equipment
Chinese S&M to close
Chinese builders face a chain-reaction bankruptcy due to troubled newbuilding commercial ship market and following decrease in new order this year. According to Economic Information on 30 November, among 24 yards located in shipbuilding industrial...
2011-12-02 07:15:03
Thick plate over-supply to continue
Over-supply of thick plate hit South Korea is expected to last in 2012, as well. Analyst Kim Min-Soo from Samsung Securities said, "Over-supply of thick plate would be exacerbated next year and increased export is likely to lower profit." Added...
2011-12-01 09:58:26
CleanBallast for 4,800TEU's
Bremen-based RWO GmbH - Marine Water Technology, a leading supplier of systems for treating water and wastewater on board ships and offshore platforms, has been a reliable partner of the maritime industry for more than 30 years, and has once again fo...
2011-12-01 08:04:54
Korea record steel production
South Korea has produced a record monthly volume of 6.1m tonnes of steel in October. According to figures provided by ICAP Shipping in its daily report, the country exported 2.1m tonnes in the same month. The country’s growing production is ...
2011-12-01 07:47:30
STX wins two convoys
STX Offshore & Shipbuilding signed a newbuilding contract for two convoys with Defense Acquisition Program Administration (DAPA) on 29 November. The South Korean builder is to build two 'Batch-1' Future Frigate eXperimentals (FFX), no.4 and no.5. ...
2011-11-30 11:12:56
MHI licenses MET Turbocharger to STX
Japan's Mitsubishi Heavy Industries, Ltd. (MHI) and STX Metal Co., Ltd., a marine diesel engine manufacturer in Korea, have signed an agreement under which MHI will license production and marketing of its MET Turbocharger, a supercharger for marine d...
2011-11-30 10:36:34
Damen bags seismic vessels
The Dutch arm of Damen Shipyards Group has received an order from shipping outfit Groen to build a pair of seismic research and support vessels (SRSVs). The order will be the first SRSVs built by Maaskant Shipyards Stellendam, Damen’s subsidiar...
2011-11-30 08:24:34
Doosan Engine wins big order
South Korea's Doosan Engine announced on 29 November that it signed KRW 303bn ($261.5m) of supply contract for marine engines. The engines will be delivered starting from November 2012 to November 2014, in order. Doosan's 40 main engines and 40 au...
2011-11-29 11:50:02
Korean equip enters M&S America
South Korea's Ulsan city dispatches shipbuilding and offshore plant trade delegation to Rio de Janeiro (Brazil), Lima (Peru), etc., to develop new markets for small- and medium-sized companies. A total of seven companies, including Cheong Gu Tech,...
2011-11-29 07:11:27
Subsea 7 wins subsea order
Oslo-listed Subsea 7 has won a $75m contract with Total E&P Norge for subsea construction, umbilicals, risers and flowlines at Total E&P Atla field. Subsea 7 will be responsible for the management, engineering, procurement and installation of a se...
2011-11-27 23:07:04
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