Equipment
NK pens 25-ship's BWTS
Korea's marine equipment maker, NK Co. Ltd. revealed today that it signed MOAs worth $36m this week to supply ballast water treatment system (BWTS) for 25 ships including boxships, bulkers and tankers. The just signed contracts include detailed p...
2011-03-09 11:47:20
MAN powers RoRo newbuildings
DFDS, the Danish ferry operator, recently signed a contract for the construction of two identical RoRo vessels, each to be powered by two MAN B&W 8S40ME-B9 engines with many extra MAN Diesel & Turbo specifications. Scheduled for delivery in 2012,...
2011-03-09 07:57:52
LPG boom return
London-based Clearwater Marine Investments has bought three liquefied petroleum gas carriers, signalling that investors see opportunities for the bigger vessels in the LPG market. The 1993-built, 20,542 cbm medium gas carrier Maersk Houston, the 1...
2011-03-09 07:34:19
Steel products getting expensive
Korea's major steel makers like Posco and Hyundai-Steel seem to advance steel product prices for the second quarter of this year in March as raw material prices are sharply increasing. According to the steel industry sources reported yesterday, P...
2011-03-08 22:45:25
Hyundai makes call wireless in shipyards
Korea's Hyundai Heavy Industries and SK Telecom announced today they have developed the internal communications solutions of the ships under construction based on femtocells and will conduct trial service soon. Hyundai used to combine a wireles...
2011-03-08 11:15:20
TMS creates economic ship type
Busan-based TMS, a spin-off from the technology division of Korea's Hanjin Heavy Industries & Construction, has announced that it has developed an economic ship design of a 3,800-teu containership to be constructed at Hanjin's Subic shipyard in the P...
2011-03-07 21:54:23
TIMETEC develops new CAD system
Korea's TIMETEC has released TTM(TimeTec Modeler) 2.0, domestic shipbuilding CAD system on 25th February. The company published outfitting system-centered TTM 1.0 version in last May, and the newly presented TTM 2.0 version features hull-outfitti...
2011-03-07 21:52:57
Insufficient & Expensive labors in China
Shortage of labors and an increase of labor cost that mainly happen after the springtime in coastal areas in China are seriously hitting the China's shipbuilding industry these days. It occurs every year in China's coastal areas that many labors ...
2011-03-07 11:54:13
Thick steel demand to rise
Seoul-based Hanhwa Securities expects that domestic demand for thick steel will increase and demand and supply will make a good balance, raising its investment suggestion of 'overweight' over the steel industry. Some analysts from the securities...
2011-03-07 10:16:44
World steel output soars
World steel output jumped 15% to 1.4bnt last year, recording the largest increase in over fifty years. Last year’s output marked a new record for global crude steel production as demand soared in the aftermath of the economic crisis. The rise...
2011-03-07 07:01:10
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