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Steel manufacturers aim high
Korea's two big steel companies - Posco and Hyundai-Steel - are said to have expanded their sales target for next year by about 2m tons and 4m tons higher than this year's, respectively. Therefore, Posco's annual sales target for 2011 is to be 34...
2010-12-24 07:29:20
High yen damages Japanese
Takao Motoyama, the chairman of the Shipbuilder's Association of Japan (SAJ) revealed in SAJ's regular meeting on Wednesday that a high yen and steel price would be the biggest concern for Japan's shipbuilding industry in the future. Regarding a high...
2010-12-23 08:55:13
ClassNK Guidelines on Corrosion Steel
ClassNK has developed and released the world’s first set of standards for the application of corrosion resistant steels to the cargo oil tanks of oil tankers. The new Guidelines on Corrosion Resistant Steel for COT are the first guidelines to l...
2010-12-23 08:36:57
Baosteel ship plates sales hit new high
China's Baoshan Iron and Steel (Baosteel) may sell a record high of more than 1.4 million tons of shipbuilding plates in 2010, said Baosteel Group Corporation, parent of the listed company. Baoshan Iron and Steel sold 1.36 million tons of shipbuil...
2010-12-21 08:13:30
Hitachi reveals IMO Tier III NOx engine
Japan's Hitachi Shipbuilding Corporation revealed last Wednesday that it set up the practical use of the ship engine developed in response to IMO Tier III NOx regulations. The new regulations limit NOx emissions to under 3.4 g/kWh and will be app...
2010-12-20 08:34:57
Vietnam produces 1st electric cables for ships
The Middle Area Construction and Shipbuilding Industry Company (Macshinco), an affiliate of Vinashin Group, officially handed over 20 tonnes of ship electric cables to the Saigon Shipbuilding Industry Corporation on December 16 at the Hoa Khanh Indus...
2010-12-20 07:16:03
Van Oord orders 2nd dredger
Van Oord, a marine contractor of the Netherlands, has ordered a second self-propelled cutter suction dredger at IHC Merwede. This new vessel will be a sister to the Athena, the self-propelled cutter suction dredger that is already under construct...
2010-12-20 06:59:42
Shipbuilders see polarization
Large shipyards and ship block suppliers based in South Jeolla Province, Korea are expected to see an economic recovery while small- and medium-sized yards would continue to have difficulties in their management further. According to an economic ...
2010-12-17 08:31:10
Hempel opens new factory in China
Leading protective coatings supplier Hempel officially opened a new, state-of-the-art manufacturing facility this week in Guangzhou, China. Hempel’s new factory will help the company meet the increasing demand for coatings in the region. The fa...
2010-12-17 07:53:23
Yangzijiang acquires equipment supplier
China’s Yangzijiang Shipbuilding has taken over a neighbouring marine equipment supplier to boost its Jiangsu operation. It is paying CNY 420m ($63m) for 100% of Jiangsu Zhongzhou Marine Equipment (JZME) in Jingjiang City. The company owns s...
2010-12-17 07:42:23
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