Equipment
Chinese Export Rebound on May
China’s unexpected rebound in overseas shipments to a record last month may lose steam as the European debt crisis, a moderating U.S. recovery and yuan appreciation curb demand for goods from the world’s largest exporter. China’s overseas s...
2010-07-13 09:12:40
Damen commissions new outfitting hall
Recently, at Damen Shipyards Galati, Romania, a brand new outfitting hall was commissioned by transferring the first ship inside, being the 3rd ‘Patrol Vessel’, currently under construction for the Royal Netherlands Navy. This ship is the fir...
2010-07-13 07:25:02
Cargotec wins electric crane order
Six open-hatch cargo ships ordered by Grieg Shipping will feature a total of 24 MacGregor variable frequency drive cranes. The order is worth EUR 20 million and was booked into the second quarter 2010 order intake Cargotec has signed a contrac...
2010-07-12 07:02:05
Hyundai expands into energy biz
Hyundai Heavy Industries is diversifying its business portfolio into energy and resources development as it wins both international and local courts backing in the acquisition of Hyundai Oilbank. The world's largest shipbuilding group recently won...
2010-07-12 06:18:23
Low price: Pain of Chinese shiprepair
It is known that low price of Chinese shiprepair is the focus. As early as pre-crisis period, it is caught by Chinese attention. China Association of the National Shipbuilding Industry has intended to raise the price level but finally failed. The...
2010-07-09 10:05:57
Bulker spree & oversupply fears
More than $6bn worth of new bulker orders were placed in Asian shipyards in May and June, stoking fears of a major oversupply of dry bulk vessels in 2011 and beyond. Owners signed contracts for more than 74 bulk carriers totalling 5.8m dwt in June...
2010-07-08 07:12:23
Chinese also to face "Green ship"
According to statistics from CANSI and Clarkson, during January to May the newbuilding output of China reached 23.7m dwt with 94.9% growth against a year earlier. Meanwhile the output of Japan and Korea came up to 13.45m dwt and 18.32m dwt respective...
2010-07-07 10:09:09
Evergreen builds 'Green Ships'
Ten US$103m, 8,000 TEU containerships ordered by Taiwan-based Evergreen Group will have engines large enough to give them 24.5 knot service speeds. Although Evergreen is currently slow steaming some of its vessels it has apparently decided to re...
2010-07-06 09:40:30
Shipbuilder & steel supplier on the same boat?
Chinese shipbuilding analyst Sun Chongbo said recently Korean shipbuilding tycoons such as Hyundai and Samsung began to raise newbuilding price, as more as 10% against previous level. Experts said it was mostly triggered by the price surging in gl...
2010-07-06 09:39:48
Alfa Laval showcases at SMM
Alfa Laval will be showcasing a range of innovative solutions at the SMM trade fair in Hamburg, which will take place 7-10 September 2010. Exhibition highlights will include: PureBallast 2.0 and EX Alfa Laval’s revolutionary system for ballast...
2010-07-06 08:17:40
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