Equipment
Ship demolition plunge
A total of 54 vessels were reported to have headed to the scrap yards equaling to a total deadweight of 1.787.428 tons, indicating a negative monthly change of 31.6%, a report from Golden Destiny said. In July 2009, 57 vessels reported to have he...
2010-08-12 09:59:14
Sovomflot takes Leningrad-built tugboat
The third tugboat, constructed at the Leningrad Shipyard Pella for Sovcomflot, has been delivered to the Customer. The vessel will be soon launched, the company press release said. An earlier report said the Dobrynya was designed to operate in North-...
2010-08-12 07:54:01
Fredericia sells floating dock
Fredericia Shipyard has sold its Panama floating dock to a Turkish buyer, which took over the dock in Fredericia at the weekend. Shortly afterwards, it was towed away by the Italian anchor handler Carlo Martello, bound for Yalova in Turkey on a 30-da...
2010-08-12 07:50:27
Second hand vessel sales retreat - July
With sea freight markets retreating both in the dry and the wet segments of the market during most of July, ship owners were reluctant to invest in acquiring more vessels, after the high level of sale and purchase activity, observed during May and Ju...
2010-08-11 11:41:49
Fiji invites China shipyard investor
Prime Minister Commodore Voreqe Bainimarama has invited the Executive Manager of one of China’s biggest shipyards to explore the possibility of investing in a similar operation in Fiji. Bainimarama made the invitation while visiting the Zhejian...
2010-08-11 11:30:00
Capes market on recovery
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buoyant with the industry’s main benchmark, the Baltic Dry Index (BDI) rising by a more than impressive...
2010-08-10 11:35:00
Taizhou passes tough time
At the beginning of this year, experts speculated that a large number of shipyards in Taizhou China would disappear. However, none of them has gone bankrupted so far. Taizhou is regarded as the largest small size shipbuilding base in the world, w...
2010-08-09 01:04:55
MAN's turbocharger cut-out retrofit
In the last six months, the turbocharger cut-out solution has attracted great interest from shipowners and managers as the solution has proven its worth during tests and installations. As a response to the needs of the shipping market for a more ...
2010-07-29 06:52:56
Aussie ore exports slow
Iron ore shipments from Australia’s Port Hedland were largely unchanged last month compared to May, latest figures show. Shipments were just under 15.3mt in June compared to just over 15mt in the month preceding it, an increase of only 2%. ...
2010-07-28 07:47:35
Kotra inks Brazil ship parts MOU
The Korea Trade-Investment Promotion Agency (Kotra) announced the signing of a memorandum of understanding with Brazil’s Transpetro to forge cooperation in the shipbuilding equipment manufacturing sector.
 Under the MOU, Korea will provide ad...
2010-07-28 07:12:32
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