Equipment
Steel industry 'singing the blues'
Considerable damage is expected to hit Korean iron and steel industry caused by drastic recession of Korean shipbuilding industry as demand for steel plates for shipbuilding is estimated to fall short of its domestic supply which has been growing too...
2010-02-25 07:30:46
MAN Diesel and DSME green cooperation
A development agreement signed by MAN Diesel and Daewoo Shipbuilding & Marine Engineering (DSME) could broaden shipowners' fuel choices. The two companies are to jointly develop and exploit the adaptation of DSME's high-pressure cryogenic gas-sup...
2010-02-24 11:54:48
Noreq rolls out new davit
The market appears to be enthusiastic about Noreq AS’s newly-developed davit products, resulting in record sales. ‘Safer launching of lifeboats and savings on maintenance are the two biggest advantages of the new concept,’ says Styrk Bekken...
2010-02-24 08:22:51
Wartsila slow steaming kit deal
Wärtsilä has sold two of its slow steaming upgrade kits to Jüngerhans, in a development that brings the number of kits on order to 12. The manufacturer declined to reveal the price tag attached to the equipment. Haren-based Jü...
2010-02-24 08:18:17
KOSA holds general meeting
The Korea Iron and Steel Association (KOSA) (chairman: Jung Jun-yang) held the 43rd regular general assembly at steel club at POSCO center, Seoul at 11AM on Feb. 23rd, to settle 2010 business plan and budget. According to the business plan, KOSA d...
2010-02-24 07:27:58
Pakistan receives China-built FFG
The second guided missile frigate (FFG) built by Chinese builder has formally joined Pakistan’s navy recently. The chief of staff from the country’s navy expressed that Pakistan had imported two F-22P type FFGs from China while the third one w...
2010-02-23 12:31:41
Russo-Korean yards by 2012
Construction of joint Russo- Korean and Russo-Singaporean shipyards in the Far East of Russia is scheduled for completion in the first quarter of 2012, 24 months from now, Roman Trotsenko, the CEO of the United Shipbuilding Corporation (USC) announce...
2010-02-23 08:23:37
Hamworthy wins gas system orders
Hamworthy Moss AS has signed contracts to deliver 10 shipboard inert gas systems, to be installed on a series of 316,000-dwt crude oil and product tankers being built by Shanghai Waigaoqiao Shipyard in China. The company has won orders specifying Ham...
2010-02-23 07:24:33
Hyundai non-shipbuilding to rise
IBK Securities maintained its investment opinion as ‘buy’ and the target share price at 290,000 won ($252.83), saying non-shipbuilding sectors of Hyundai Heavy Industries are worth investing due to their favorable performances. Analyst Park Seung...
2010-02-23 07:20:32
China Exports Wing in Ground Craft
China’s Jiangsu Hengchuan Group recently announced17-unit wing in ground crafts ordered by U.A.E.’s enterprise will be delivered around May of 2011. This is the first wing in ground craft export order by Chinese private enterprise. Mr Chen...
2010-02-22 11:47:07
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