Equipment
Dongkuk ups plate price
Korean steelmaker Dongkuk Steel Mill has decided, after discussions with major customers including shipbuilders, to raise prices for its steel plate products by KRW 80,000 ($72.27) per ton as of May 1st. Accordingly, Dongkuk's steel plate prices w...
2010-05-03 06:59:53
HHI awarded $70m DPP deal
Korea's Hyundai Heavy Industries was recently awarded a $70m Diesel Power Plant (DPP) construction project from the Bangladesh Power Development Board (BPDB). Under the contract, HHI will build a 70MW power plant in Bera, Banladesh, which will be ...
2010-05-03 06:53:23
DSME revs up 'F1 Strategy'
As the second-phase 'F1 Strategy' of Daewoo Shipbuilding & Marine Engineering (DSME) of Korea materializes in earnest, tangible global outcomes are coming into sight. The second F1 strategy is DMSE's management strategy to leap as a heavy industr...
2010-04-30 07:00:49
Stricter Regulations: Take Chance!
While environmental regulations on ships are tightening, only those shipbuilders with credible eco-friendly technologies will survive in the future. Industry pundits expect that the Energy Efficiency Design Index (EEDI) and Energy Efficient Operat...
2010-04-30 06:42:46
Korean equip makers go abroad
According to Ulsan city of Korea on Apr. 28th, small and medium-sized offshore and shipbuilding equipments manufacturers of Ulsan, which have been accumulating high technologies supplying parts to the World No.1 shipbuilding company, Hyundai Heavy In...
2010-04-29 15:58:13
HMD operating profit up 27%
Waning sales have hit Hyundai Mipo Dockyard in the first quarter with net profit falling 7%. The South Korean shipbuilder, which has won a number of notable orders recently, did manage to improve its operating profit in the period, however. N...
2010-04-29 07:51:17
Tailwind Blows
A number of positive signs are emerging, which indicate shipping and shipbuilding industries are getting out of the Great Recession. Though, some are still cautious about talking about recovery phase. Both the Baltic Dry Index and Howe Robinson Co...
2010-04-29 07:03:34
Shanhaiguan eyes No.1 shiprepair base
Shanhaiguan Shipbuilding Industry (SHGSIC) will become the largest shiprepair base in China. On April 26th the technician staff of SHGSIC were working to build a pair of 150,000 and 100,000 tons repair docks scheduled to be completed in 16 months....
2010-04-28 09:57:06
Samsung automatizes steel cutting
'High-efficiency hybrid section-steel automated cutting robot system' developed by Samsung Heavy Industries (SHI) of Korea received the 'IR52 Jang Young Shil' award of the 16th week. Jang Young Shil award is the highest-authority industrial techn...
2010-04-28 07:09:54
Steel Hike: Long-Term Favorable
Korean steelmakers are increasing shipbuilding steel plate prices and this would have a positive influence on shipbuilders in the long run as it helps boost ship prices. In the short term, higher steel plate prices might trigger a decrease in oper...
2010-04-28 06:41:52
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