Equipment
Korea eyes int’l standardization
South Korea is promoting international standardization of the shipbuilding technologies which had been developed by the nation’s shipbuilders. The Korean Agency for Technology & Standards, an affiliated organization with the Ministry of Knowledge E...
2010-02-03 06:47:04
VIKING celebrates 50th anniversary
VIKING Life-Saving Equipment announced the company’s 50th Anniversary and the 50th Anniversary of its Chairman of the Board, Mr Tage Sørensen on February 1, 2010. The occasion will be celebrated at the company’s offices around the world, and...
2010-02-02 14:33:15
Steel industry tackles Vinashin’s move
The Vietnam Steel Association has requested the government to conduct an inspection into steel projects of state-owned shipbuilder Vinashin, saying they are out of its area of expertise and therefore ineffective. Vinashin has expanded its busines...
2010-02-02 07:07:10
ClassNK releases new welding guideline
Nippon Kaiji Kyokai (ClassNK) announced on last Friday that it has published a new guideline entitled, Guidelines for laser beam arc hybrid welding. A ship is a large welded construction that operates in the corrosive environment of seawater and ...
2010-02-02 06:52:21
Hyundai Steel aims higher
Hyundai Steel put up a slogan of all-time high steel sales this year. The South Korean steel mill, operating its blast furnace unit 1 at Ilgwan steelworks in Dangjin after the ceremony of first ignition on Jan. 5th, announced its roadmap to sell 1...
2010-02-01 06:48:10
Wartsila profits up, orders down
Wartsila’s 2009 full-year profits have come in 8% higher than a year ago, despite the crisis enveloping the shipping market. The Finnish engine builder said pre-tax profits were EUR558m ($783) last year versus the EUR516m seen in 2008. However,...
2010-01-29 08:35:01
Samsung Goes Green
South Korea’s Samsung Heavy Industries declared it will embark on ‘Green Shipyard’ project for the first time in shipbuilding industry. The world’s second largest shipbuilder held a ceremony on Jan. 28th for launching of green management, ...
2010-01-29 07:11:56
Korean steel demand to slump 20%
Demand for shipbuilding steel plate in South Korea is projected to decrease by nearly 20% this year compared to last year as newbuilding output is expected to shrink following a dearth of new orders, orderbook adjustments, and restructuring. Acco...
2010-01-28 06:37:43
Allweiler bags ABG shipsets contract
Leading Indian shipyard ABG has awarded Norwegian company Allweiler with a contract worth about $2m for complete shipsets to a series of 35,000 dwt bulk carriers built for Germany’s Hamburg-based H. Vogemann Group. Allweiler is a specialist provide...
2010-01-27 07:47:56
Plate prices face upward
Ship plate prices in China are facing upward pressure in the short term, mainly due to recovering demand and decreasing output, said market watchers. China's largest steel maker Baosteel previously announced that it would keep its February ex-factory...
2010-01-27 07:45:20
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