Equipment
Panasia awarded bronze prize for its BWTS
Panasia (Lee Su-tae, president, pictured below), a Korean producer of a variety of water level gauging and alarm system for ships and marine structures, won the bronze prize for its ballast water treatment system, named GloEn-Patrol TM (pictured abov...
2010-12-13 07:44:43
ABB wins Samsung drillship deals
Power and automation company ABB said Friday it has won collective orders of $35m to provide power systems for two new deep-water drillships being built by Samsung Heavy Industries in Korea. The workscope includes the power generation systems, high a...
2010-12-13 07:16:29
India eyes 5% share in global
India’s shipbuilding industry which currently accounts for only about one per cent of the global shipbuilding market, is targeting a world share of 5% by 2017, Union shipping minister GK Vasan said. “Shipbuilding in the country has a high growth ...
2010-12-13 07:13:04
STX & USC JV for arctic ships
STX Finland Oy is selling its Helsinki shipyard to new joint venture it has formed with Russia's United Shipbuilding Corporation (USC). Though it is getting only a nominal EUR 1,250 for the yard, the deal holds out the prospect of orders to build...
2010-12-13 07:07:42
Sasaki pens first coastal ship
Amid slump in main ship newbuilding orders, Japanese shipyard is entering new ship-type arena to secure workload. Japan's Sasaki Shipbuilding has won its first order for near-sea ship, which is for coastal shipping. Compatriot shipowner Daiichi...
2010-12-10 09:20:27
40% jump in new orders: 2011
Many prospect that shipbuilding businesses will see an upward trend in orderbook next year with the quality of the orderbook standing up. Choi Kwang-sik, a researcher at LIG Investment & Securities said, "Considering the circle of containerships fo...
2010-12-10 07:31:00
HMD adjusts PC orders
Hyundai Mipo Dockyard has allowed a product/chemical tanker contract to be downsized, as per the owner's request. HMD said yesterday that a contract for fourteen PCs was changed to an order for twelve. After the adjustment, contract value was c...
2010-12-10 06:57:41
Hyundai supplies HiMSEN for nuclear plant
Hyundai Heavy Industries first supplies its HiMSEN engines for Korea's nuclear power plant. The company announced today that it has recently inked a turn-key contract with Korea Hydro & Nuclear Power, to replace a time-worn emergency electric gene...
2010-12-09 12:41:45
Japan's equip makers target China
Japan's shipbuilding equipment makers are reviewing their strategy to enter Chinese market. With Chinese shipbuilding output expected to hit the largest volume in the world this year, Japanese ship parts suppliers are examining ways to expand thei...
2010-12-08 11:24:50
STX develops optical communications welding
STX Offshore & Shipbuilding developed the first optical communications welding system in the world. Welding is one of core processes in shipbuilding. In the traditional analog welding system, 10 welding cables had to be mobilized, but by introd...
2010-12-08 11:02:36
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