Equipment
Japanese yards call for price cut in steel plates
Japan shipbuilders and steelmakers are officially negotiating their agreement price, effective in ship plate businesses after April. In light of that high priced raw materials haven't been used out, the steelmakers put forward a price cut of JPY ...
2009-05-21 07:25:22
Dongkuk cuts steel plate price
South Korea's third-largest steelmaker Dongkuk Steel Mill said on Wednesday it had cut prices of steel used for ship plates by 11 percent, its third reduction this year, to match a move by bigger rival POSCO. Dongkuk said it had decided to cut prices...
2009-05-20 14:50:50
Engine makers focus on after-sales
MAN Diesel and Wärtsilä are both looking to strengthen their after-sales service activities as the ship engine manufacturers struggle to make efficiencies in a “substantially weakened” global maritime market. Both companies have announc...
2009-05-20 07:45:05
ABS’ guide on the use of higher-strength steel plates
ABS has issued a new guide intended to provide supplementary requirements for the application of higher-strength, thick steel plates, greater than 51 mm, within the structure of large container carriers. The requirements in the Guide for Application ...
2009-05-19 11:19:54
Tsuji's China unit continues shipbuilding
Tsuji Heavy Industries (Jiangsu) Co. located in Zhangjiagang, the Chinese local shipbuilding unit of Tsuji Heavy Industries now under corporate reorganization proceedings, has switched to local procurement of steel products for newbuildings which the...
2009-05-18 07:44:22
Japanese face tough negotiations for steel
Just 12 months after the last confrontation, Japan’s steel mills are again embroiled in acrimonious price negotiations with their domestic shipbuilding customers. According to local news reports, shipbuilders have rejected an offer by steel sup...
2009-05-18 07:38:21
STX Enpaco lists shares
STX Enpaco, a diesel engine core component manufacturing unit of STX Business Group of South Korea has successfully listed its shares on the main bourse of the country. On May 15th it celebrated its successful listing on the Korea Exchange. The...
2009-05-15 11:12:26
Wartsila axes up to 450 jobs globally
Wärtsilä, the Finnish engine maker, is planning to cut about a third of the workforce at its ship power business in an effort to save around €30m ($40.7m) a year. The firm said it aimed to reduce the number of jobs by 400-450, of whic...
2009-05-15 07:29:39
Japanese in deadlock over steel negotiations
Just 12 months after the last confrontation, Japan’s steel mills are again embroiled in acrimonious price negotiations with their domestic shipbuilding customers. According to local news reports, shipbuilders have rejected an offer by steel sup...
2009-05-15 07:27:06
Posco cuts steel prices
South Korea’s Posco cuts domestic steel prices across the board. At present, global steel prices are mostly on the decline and raw material prices are also expected to fall drastically compared to last year. Posco on May 14th announced that i...
2009-05-14 16:43:38
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