Equipment
Hyundai Steel, fair performance in Q1
Hyundai Steel of Korea announced at a performance briefing of the first quarter of 2010 on Apr. 27th that it posted KRW 2.0173trn (USD 1.824bn) of sales, KRW 132bn of operating profit, and KRW 254.5bn of net profit, which increased by 8.8%, 37.6%. an...
2010-04-27 12:38:32
Alu signs frame deal with Aker
Alu Design & Services announced on April 26th that it has entered into a frame agreement with Aker Solutions. Included in the agreement is the production of specially adapted offshore crane operator chairs, as well as the development of other prospe...
2010-04-27 12:14:33
Marine fair opens in Shanghai
China Trade Office of Busan city, Korea (CTOB) announced that it will hold a briefing session in Shanghai with 16 shipbuilding equipments manufacturers of Busan, four shipbuilding giants of Shanghai and 50 local buyers. The briefing, sponsored by ...
2010-04-27 07:13:22
‘SEA JAPAN 2010’ closes on high note
The ‘SEA JAPAN 2010’ ended on a high note after three busy days at the Tokyo International Exhibition Center from April 21st to 23rd, with 364 marine equipment companies from 25 countries, including Japan, Korea, China, Norway, Germany and Finlan...
2010-04-27 06:43:28
POSCO raises steel plate prices
Shipbuilding industry will have to take the burden of cost increment as POSCO of Korea announced on Apr. 23rd that it will raise the price of steel plates including hot-rolled and cold-rolled steel plates, and Hyundai Steel announces further price in...
2010-04-26 11:55:39
Chinese hit by steel price hike
The new round of steel plate price rising severely hit Chinese shipbuilders. As part of shipbuilding cost, the stable steel price is usually the main weapon for shipyards to deal with ship price diving in the past. As CANSI’s fresh statistic...
2010-04-26 09:54:32
Wärtsilä orderbook picks up
Finnish engine maker Wärtsilä has described a pick up in its ship power orderbook as a “shy improvement”. The Helsinki-listed company said in its first quarter results announcement that there have been some small signs of recovery, w...
2010-04-26 07:08:03
Posco ups plate prices 9.8%
South Korea's largest steel maker Posco announced today that it will raise the prices of its steel products by 9.8%-25.0% from May 3rd. Particularly, shipbuilding thick steel plate prices are to be pushed up by KRW 80,000 per ton or 9.8% to KRW 0....
2010-04-23 17:19:08
Cargotec wins box lashing orders
Cargotec has received orders worth around EUR 11 million to supply loose container lashings for 17 containerships being built at Samsung Heavy Industries in Korea. Delivery of lashing systems is scheduled to start at the end of 2010. The orders we...
2010-04-23 08:17:55
Slumping ship equips industry
It turned out that automobile equipments industry was the most flourishing industry while shipbuilding equipments industry went through the worst slump ever among manufacturing businesses in Busan, South Korea, in the first quarter of this year. ...
2010-04-23 07:07:41
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