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Equipment
Universal markets "G Series"
Japan's Universal Shipbuilding announced Tuesday it has started marketing the next generation 209,000-dwt capesize bulker, as the first of the "G (Green) Bulker Series", which reduces greenhouse gas emissions by 25%. Hull was optimized by introduc...
2011-08-10 06:46:58
Wartsila wins "Bangkok-max"
Finland’s engine maker Wartsila will supply engines for the new series of "Bangkok-max" containerships being built in China. The company said the eight vessels will use RT-flex60C main engines. The 1,700-teu ships will serve as feeder vesse...
2011-08-09 06:43:37
Japan steel dumping
Japanese steel companies are recently dumping export steel products, such as hot-rolled steel plate, thick plate, etc., to Korea. Exporting price is at most 30% lower than Japan's domestic price and South Korea's steel players are paying sharp attent...
2011-08-09 06:00:52
STX Europe enters mega yachts
South Korean STX-owned STX Europe is in consideration of expanding its new business with mega yachts. STX Europe examines to take advantages of its operation network and design technology, accumulated from cruise ship business. Yachts are clas...
2011-08-08 10:57:56
Mitsubishi-Hitachi in merger talks
One of Japan’s major shipbuilders, Mitsubishi Heavy Industries, is reportedly in talks to merge with one of the country’s largest industrial electronics manufacturers, Hitachi. An MHI statement said: “While there was a series of reports rela...
2011-08-08 07:25:34
Japan promotes yard mergers
Japan, dethroned as the world’s No.1 shipbuilding nation over the past decade, is promoting mergers among local shipyards to help compete with China and South Korea. The Maritime Bureau, which oversees the industry, is surveying companies to he...
2011-08-08 07:03:08
Small boxships to lead H2
Newbuilding orders for containerships in the second half of 2011 are expected to be dominated by contracts for smaller vessels in the 1,000 teu-3,000 teu bracket. Lines became more hesitant about ordering ultra-large ships and demand for feedershi...
2011-08-08 06:39:40
Steel & Shipbuilding smile
South Korea's steel and shipbuilding industries reported satisfying results for Q2. Hyudai-Steel announced that revenue from Q2 increased to KRW 4.52trn ($4.29bn) by 48.9% from the same period last year, exceeding KRW 4trn for the first time. Also...
2011-07-29 11:34:09
JSMEA-SINAVAL cooperation
Japan Marine Equipment Association (JSMEA) is scheduled to sign an agreement for business collaboration with SINAVAL, Brazilian shipbuilders' association, on August 2nd and host "Japan Night," having related shipowners and shipbuilders in Brazil. The...
2011-07-28 16:12:58
Samsung wins LNG-fueled vessel
South Korea's Incheon Port Authority (IPA) has designated Samsung Heavy Industries as a preferred bidder for building LNG-fueled ships. Samsung has embarked on LNG-fueled newbuilding ship to promote eco-friendly Incheon Port. Construction will ...
2011-07-28 14:49:00
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