Equipment
China fast growth side effects
Chinese shipbuilding industry's rapid quantitative growth hinders its qualitative development. China having sized-up in capacity is brought up on its overall problems in shipbuilding, quality control, worker training and management of human resour...
2011-09-30 07:32:31
China heavy plates oversupply
Chinese steel industry predicted annual heavy steel plate consumption during 2011-2015 to be 21 million tons, considering China's 12th five-year economic development plan for shipbuilding and marine steel's consumption. Detailed consumption includ...
2011-09-29 10:08:17
1st VLCC for G-Type engine
Greek ship management company Almi Tankers S.A. is set to establish itself as a market front runner with the new ultra long stroke G-type engine tailor-made for Very Large Crude Carriers. Athens-based ship management company Almi Tankers S.A. will...
2011-09-28 07:48:20
India think 'Mega yard'
The Union Shipping Secretary, Mr K. Mohandas, has said that any proposal for a second shipyard for Kerala should be pursued on a scale and size that befits the true intent of investment and potential thrown up by the location of choice. He was re...
2011-09-27 07:51:00
SCI to order 24 newbuilds
The state-run Shipping Corporation of India on Friday said that it would invest Rs 3,700 crore in the ongoing fiscal to acquire 24 new vessels across categories. "Our capital expenditure for 2011-12 is Rs 3,700 crore and this will be used for acqu...
2011-09-27 07:47:47
Yangzijiang Promising
AmFraser slaps a buy tag on Yangzijiang Shipbuilding, expecting the Chinese yard will rack up a record profit during the next three years. Analyst Lee Yue Jer says the fact the Singapore-listed yard beat Korean rivals to a series of 10,000-teu ve...
2011-09-27 07:40:54
Wartsila gas engine meets Tier III
On-going tests show that the Wärtsilä two-stroke gas engine performance is in compliance with the upcoming IMO Tier III NOx emission limits, setting a new benchmark for low-speed engines running on gas. Wärtsilä has successfull...
2011-09-26 07:31:13
Korean heavy plate weak
It is reported that South Korea's heavy plate market has become weak since June 2011. Industry sources analyzed that the high inventory in South Korean shipbuilding companies and low priced imports from China were the two major reasons to depress ...
2011-09-26 07:23:28
Samkang builds offshore parts
South Korea's mega-block manufacturer Samkang M&T booked a new order for a stern and side cell of offshore platform carrier. Hyundai Heavy Industries booked the newbuilding offshore platform carrier from Dockwise, an oil and gas service provider, ...
2011-09-23 14:04:25
Tanker orders freefall
Tanker newbuilding ordering activity has plummeted this year with Clarkson Research Services (CRS) data showing just $2.1bn was invested in ordering tankers during the first eight months of this year. On an annualised basis, says the broking hous...
2011-09-23 10:21:16
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