Equipment
Japan ship orders double
After falling for 14 months in a row, Japanese export ship orders rose for the fifth consecutive month in April on a year-on-year basis, surging 103.3 percent to 833,791 gross tons, according to figures released by the Japan Ship Exporters' Associati...
2010-06-01 08:23:22
Aker secures DSME double
Norwegian oilfield services player Aker Solutions said it has won two contracts, worth $180 million, with Daewoo Shipbuilding & Marine Engineering (DSME) for delivery of two drilling equipment packages. The workscope includes delivery of complete dri...
2010-05-31 07:41:38
Netherlands builders visit Korea
Europe's largest shipbuilding power, Netherlands shipbuilders, recently visited Korea. KOTRA invited 10 major shipbuilding companies from the Netherlands and held a "Holland Marine Equipment Trade Meeting" in Busan. They visited a shipyard of...
2010-05-31 07:15:21
Samkang wins $2.5m deal in Vietnam
Korean steel pipe manufacturer Samkang M&T said Friday that it has been awarded the second contract following March deal, to supply steel pipes to Vietnam’s state-owned Petrovietnam Technical Servises Corporation (PTSC) for $2.523m. It is scheduled...
2010-05-28 11:51:52
SCF orders newbuild at STX
Russia's Sovcomflot has ordered an oil spill response newbuilding from STX Europe. STX Finland Oy will design and build the vessel for the Russian owner as part of a project which also includes Aker Arctic Technologies and Southeast Trading Oy. R...
2010-05-28 07:46:02
Hanjin gets $70m Danaos windfall
Korea’s Hanjin Heavy Industries & Construction has received a windfall estimated at around $70m following the cancellation of three 6,500-teu boxships ordered by Greek owner Danaos Shipping. Commenting on the cancelled deal one Seoul-based analy...
2010-05-28 07:44:20
Hyundai showcases 'Green Gas Engine'
Hyundai Heavy Industries developed a high-power eco-friendly gas engine with its own technology for the first time in South Korea. HHI said today that it has recently held a starting ceremony for the HiMSEN H35G. The 13,000-hp class gas engine ...
2010-05-27 12:01:20
Doosan develops low-vibration Eco-engine
Korea's Doosan Engine has developed an environmentally friendly vibration-controlled ship engine which reduced vibration by more than 50% compared to existing marine engines. On May 26th, the engine maker held a production ceremony for the DOOSAN-...
2010-05-26 15:41:56
BHP denies VLOC order
Mining giant BHP Billiton has denied reports that it has re-entered the shipowning arena with a huge VLOC order. Numerous media reports have inaccurately linked the Melbourne-headquartered outfit with a six-ship order at Hyundai Heavy Industries ...
2010-05-26 07:04:53
HHI cuts Japanese plate imports
Korean shipbuilding giant Hyundai Heavy Industries is mulling cutting imports of thick steel plates from Japan as Japanese mills plan to increase plate prices by a whopping 30% or so. An HHI official said Monday, "If Japanese steelmakers dramatica...
2010-05-25 12:32:25
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