Equipment
Shipyards adjust steel purchase strategy
Hyundai Heavy Industries, one of South Korea's major shipbuilders, have purchased steel plates from 13 steel makers in China including Baosteel Group and Angang Steel last year, but the shipbuilder reduced the number of companies to just three this y...
2009-07-16 06:39:23
Steel price talks still ongoing
There is still no breakthrough in the negotiations on steel materials price between shipbuilders and steelmakers in Japan. Steelmakers are offering to lower the price by Y15,000-20,000 ($161-214) per ton for shipments in the first half of fiscal ...
2009-07-15 07:20:00
MAN Diesel sees no more cancellations
MAN Diesel expects that the main wave of order cancellations has peaked. “From now on we will mainly see the postponement of orders,” said MAN Diesel CEO Georg Pachta-Reyhofen. The German engine maker was hit by two waves of cancellations, in ...
2009-07-15 07:11:15
Korean develops Anti-Heeling System
TankTech, a marine equipment maker located in Noksan Industrial Complex in Busan, South Korea, announced that it has succeeded in developing ‘Anti-Heeling System’ using two-way propeller pump, after two-year long R&D activities. Anti-Heeling S...
2009-07-15 06:37:10
JSMEA discloses more fake cases
The Japanese Marine Equipment Association (JSMEA) has revealed further incidents of counterfeit marine products. The JSMEA said two members of the association, Yanmar and Daihatsu Diesel, had reached out-of-court settlements after filing civil la...
2009-07-14 06:54:24
Cargotec wins Sungdong hatch orders
Cargotec, a Finnish supplier to the bulk carrier market, has recently secured orders worth over €9m ($12.5m) from Sungdong Shipbuilding & Marine Engineering of South Korea for 10 shipsets of hatch covers. They will be installed on bulk carriers ...
2009-07-10 06:51:21
Chinese equipment cancellation rate 20%
Chinese marine equipment makers are faced with difficulties in receiving new orders and delivering component products due to shipbuilding market slump. Affected by South Korean rivals' bargain sale of ship components such as main engines and screw...
2009-07-10 06:47:45
Equipment makers face empty orderbook
The order backlogs at Germany’s marine component manufacturers are empty for 2011 and 2012. In 2008, the industry had a combined turnover of €12.9bn($17.9bn), 8.4% higher than in 2007, said the marine and offshore equipment industries committ...
2009-07-09 07:13:34
ThyssenKrupp inks deal for submarine packages
A contract was signed by Howaldtswerke-Deutsche Werft (HDW), a company of ThyssenKrupp Technologies, and MarineForce International (MFI) for the delivery of six material packages for the construction of Class 214 submarines to Turkey. The six submari...
2009-07-08 17:35:51
Int'l Paint builds Singapore laboratory
International Paint is building a new, worldwide product development laboratory in Singapore.
2009-07-08 17:05:50
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