Equipment
ABS & Herbert form software JV
Classification society ABS and naval architectural firm Herbert Engineering Corp. (HEC) have agreed to form a joint venture company, Herbert-ABS Software Solutions, LLC (Herbert-ABS). Herbert-ABS will offer loading and salvage analysis software ...
2011-02-18 08:20:20
Rolls Royce wins £20m seismic order
Rolls-Royce has won an order from China's Sinopec to design and equip a specialist seismic research vessel. The £20m ($32m) contract includes power and propulsion systems and a range of automated handling systems for seismic equipment. ...
2011-02-18 06:44:39
China: stable growth and over steel used
In the first 11 months of 2010, Chinese shipbuilding output, new orders and orderbook showed stable growth. Experts thought the seatrade volume and shipping market were turning around, which would lead the recovery of shipbuilding market. Experts ...
2011-02-17 15:04:24
Wartsila develops low-speed gas engines
Wärtsilä has, in the autumn of 2010, initiated a major project to further develop its low-speed engine portfolio to include gas engines, alongside its medium-speed dual fuel engines, as part of the company's strategy. A new test engine ...
2011-02-17 12:25:28
High won & steel price good for Korean
It is raised that the strong won and advance of raw material prices would bring positive impacts to Korea's shipbuilders. Choi Kwang-sik, researcher at Seoul-based LIG Investment & Securities, explains that the strong won and rise of raw material...
2011-02-17 12:03:38
Steel price 66% up
The shipbuilding industry seems to soon face a new phase as raw material prices including steel are expected to increase dramatically this year. According to the Clarkson Research Services, the steel price is likely to rise by up to 66% versus th...
2011-02-17 10:58:27
Rolls-Royce books $20bn orders
Rolls-Royce Group, having booked £12.3bn ($19.9bn) in new orders in 2010, saw its orderbook increase to £59.2bn from £58.3bn a year earlier. Group revenues increased to £11,085m (2009 £10,414m). Revenues on an underl...
2011-02-17 07:01:11
CIMPS, Chinese Top 10 Exhibition
Located in the No. 1 shipbuilding base in China, with greatest support from the government sectors as strong protection and guarantee for its success, including the co-sponsoring of China Association of the National Shipbuilding Industry (CANSI), The...
2011-02-17 06:52:56
Cargotec supplies cement unloading systems
Cargotec has received an order for cement unloading systems to be installed on two barges being built in Malaysia. The MacGregor self-loading/unloading systems are to be installed on a pair of 7,000 dwt barges being built at Shin Yang Shipyard in...
2011-02-16 08:14:14
Hyundai ties up with Mitsubishi
Korea's Hyundai Heavy Industries revealed yesterday it will make a contract with Japan's Mitsubishi Heavy Industries to introduce the technology of compressors on the 17th of January. Through the contract, Hyundai will implement the technology of ...
2011-02-16 07:47:47
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