Equipment
Grand China buys 95% stake in yard
Titan Petrochemicals Group has on Thursday approved a 95% disposal of its equity stake held by two of its subsidiaries in Titan Quanzhou Shipyard in China. Grand China Logistics, a member of Hainan Air Group, will acquire the 95% disposed equity ...
2011-01-24 08:24:34
Samsung rolls out 'Anti-Piracy Solution'
Korea's Samsung Heavy Industries has developed a 'pirate monitoring and repelling system'. The system integrates equipment necessary for surveillance and guard, such as ▲ distinguishing pirate ships from normal ones through analyzing sailing inf...
2011-01-24 06:31:13
Twist rudder developed by Haeduk
Korea's rudder assembly manufacturer, Haeduk Powerway, announced yesterday that it has invented 'twist-type rudder assembly' in cooperation with Institute for Research & Industry Cooperation, PMU. According to the company, since the twist-type rud...
2011-01-21 11:20:22
Chongqing Steel’s plate output jumps
Chinese steelmaker Chongqing Iron and Steel (Chongqing Steel) has announced that in 2010 its shipbuilding plate production rose by approximately 80 percent year on year to 1.7 million mt. Shipbuilding plate production accounts for over 70 percent...
2011-01-21 07:39:16
Rongsheng installs 1,600-ton goliath
China's biggest private-run shipyard, Jiangsu Rongsheng Heavy Industries, has installed the world's largest-grade 1,600-ton goliath crane on its 4th dock, investing overall CNY 115m ($17m). The crane features 202 meters in span and 80 meters in h...
2011-01-21 06:29:34
MOU signed between KR & KOMEA
Korean Register of Shipping (KR) signed a MOU with Korea Marine Equipment Association (KOMEA) on 13th January to share a growth in the offshore equipment sector and to increase cooperation. The MOU covers; △ information exchange necessary for devel...
2011-01-20 07:19:29
Design capacity, key to Top
The previous world's shipbuilding leader, Japanese shipbuilders have waned in a fast pace since 1990. However, Korea's shipbuilding industry, which started to develop in a full scale in the 1980s, began to get ahead of Japan's since the 1990s as ...
2011-01-20 06:54:28
Fleetway wins ferry design order
Canadian design company Fleetway has won an order to design six new ferries for Newfoundland and Labrador. Fleetway, part of shipyard group Irving, must finish its blueprints by early spring in 2012. A tender to actually build the ships will go o...
2011-01-19 09:12:48
New round of race begins
In spite of positive sign from container shipping market, CEO Wang Yougui of Seaspan still kept cautious views. He said it would be not bad this year but not so good as 2010, due to delivery storm, overcapacity, high oil price and low freight. As ...
2011-01-18 13:04:32
Hyundai worries over technical break
Korea's Hyundai Heavy Industries concerns about discontinuation of technology transfer as a large number of workers retires due to age every year. The total number of retirees at Hyundai reaches 800 this year, 637 in 2007, 659 in 2008, 675 in 200...
2011-01-18 10:27:39
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