Equipment
China urges hi-tech TSHDs
As sharp growth of global dredging market, Chinese owners express huge passion for Trailing Suction Hopper Dredgers (TSHDs). Chinese TSHDs occupy nearly 80% of domestic market share. However, they don’t show excellent performances as owner’s ...
2010-05-13 09:52:57
Time for revitalization
Brazilian President Luiz Inacio Lula da Silva says Brazil is restructuring to revitalize the shipbuilding industry The Brazilian government is hoping to revitalize its shipbuilding industry by building a new, powerful structure for the industry i...
2010-05-13 08:49:44
Dongkuk adds steel plate mill
Korea's Dongkuk Steel Mill has started commercial production of steel plate at its new Dangjin facility. The steelmaker held a completion ceremony on Wednesday for the new mill with an annual capacity of 1.5m tons of steel plates. It was attend...
2010-05-13 07:08:28
Vale converts VLOCs
Sale and purchase brokers have reported mixed reviews for the dry bulk and tanker sectors as Vela International offloads five single-hulled very large crude carriers to Vale for conversion to bulk carriers. The shipping arm of Saudi Aramco has repo...
2010-05-12 08:19:32
Big 3 vie in China
Competition between Korea's Big 3 shipbuilders in China is getting fierce while newbuilding orders are picking up. According to industry sources, Hyundai Heavy Industries deployed its high ranking officials to Qingdao Hyundai Shipbuilding in China...
2010-05-12 06:48:40
RINA expands cruise biz in Asia
While Korea's Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering and STX are nowadays eyeing entry into cruiseship newbuilding business or are already engaged in the sector, which European shipbuilders have so far been completely domi...
2010-05-11 06:48:15
HHI builds solar power plant abroad
Korea's Hyundai Heavy Industries is considering building a power conversion system (PCS) factory in Hungary, which is a core equipment for solar power generation. It is now looking for a factory site near Budapest while an accurate investment amou...
2010-05-10 11:55:56
Tanker facing scary demand
The global tanker fleet faces “a very scary demand scenario” and a “fog of fundamentals” at the same time as the sector experienced a supply “bubble”, said Clarkson Research head Martin Stopford. The internationally followed expert in...
2010-05-10 07:14:00
IMO new standards to storm Chinese
In near future a series of IMO’s new standards such as EEDI and GBS are considered to storm Chinese shipbuilding industry. Recently a summit focusing on the upcoming challenge was organized by China Classification Society (CCS) and China Associ...
2010-05-10 01:27:08
Single huller steps up to quit
American Overseas Shipholding Group (OSG) recently expressed that single hull tankers were stepping up to quit due to IMO’s relevant deadline coming. In addition, the shipbreaking price rising also becomes the catalyst. About 21 single hullers h...
2010-05-10 01:26:19
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