Equipment
Cargotec wins EUR 20m orders
Cargotec has confirmed new orders worth more than EUR 20 million to deliver fully electric driven MacGregor cargo handling cranes, together with hatch cover design and key components. The equipment will be delivered for eight general cargo vessels to...
2011-03-24 08:04:03
Doosan to enjoy eco-japan
S. Korea's Doosan Engine (pictured) is expected to benefit from increasing new boxship and LNG carrier orders. Choi Won-kyeong, analyst of Seoul-based Kium Securties, says, "The company's sales for the first quarter of the year is likely to be KR...
2011-03-23 10:39:18
AVEVA new contract with Hyundai
AVEVA, a leader in engineering design and information management solutions for the plant, power and marine industries, announced a significant new contract win with South Korea's Hyundai Heavy Industries (HHI), further increasing its investment in AV...
2011-03-23 08:21:39
2Q steel price becomes known
Korea's steel industry seems to announce the price advance of steel products for the second quarter of the year (from April to June) as early as this week. According to the steel industry, domestic steel suppliers would increase the prices of typ...
2011-03-22 22:26:00
Sea Speed release windfarm cat
Australia-based Sea Speed Design has completed and released its new 17 meter windfarm catamaran design. Developed in accordance with Ireland's Norfolk Marine, the design, named the Tern Class Catamaran, is based on Sea Speed's Deep-Sea cat hull&...
2011-03-22 08:23:50
Hyundai orders azimuth thrusters
Hyundai Heavy Industries contracted Thrustmaster of Texas to supply and install multiple sets of 5 megawatt azimuth thrusters for their next generation deep-water drillships being built at Hyundai. The vessels are of the Gusto P10,000 design and ...
2011-03-22 06:43:00
China substitutes for Japan?
Since Japan's exports of high-end steel plates are seriously hit by the recent earthquake, Chinese steel makers expect to increase their market share over the next three to six months. For example, some China's major steel suppliers - WISCO, Ba...
2011-03-22 01:26:51
Posco produces more steel
S. Korea's large shipyards - Hyundai, Samsung, Daewoo and STX O&S, etc. - have asked Posco to increase the supply volume of steel plates by 300,000 tons for now. The shipyards assume the steel maker would have better production capacity since it ...
2011-03-21 10:50:30
ST Marine gets cancellation notice
ST Marine, the shipbuilding unit of Singapore's ST Engineering, reports that it has received a notice of termination dated March 17, 2011 from French shipowner Louis Dreyfus Armateurs (LDA) in respect of the shipbuilding contract for a Roll-on/Roll-...
2011-03-21 08:23:57
RINA develops CNG guideline
Italy's classification society RINA has used its offshore gas expertise to develop rules and guidelines for the exploitation, transport and storage of Compressed Natural Gas. Angelo Lo Nigro, Oil and Gas Manager, RINA, says, "Compressed Natural Ga...
2011-03-21 08:16:53
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