Equipment
Chinese want iron ore prices set at 2007
The annual tit-for-tat that is the iron ore price negotiations between Chinese mills and overseas mines is hotting up with the mills holding the whip hand for the first time in years. Shougang Iron & Steel, China's sixth-largest steel maker, said on ...
2009-03-13 07:36:49
Wartsila teams up with Japanese
Japan’s IHI Marine United and Wärtsilä of Finland have signed a co-operation agreement that will herald a marked increase in the use of an energy efficient Contra-Rotating Propeller system. IHI Marine spokesman Dave Iwamoto said: “Under...
2009-03-13 06:58:25
MacGREGOR gets order for self-unloading systems
Finland-based MacGREGOR has received an order for two bulk cement selfunloading systems from Taiheiyo Engineering Corporation in Japan. The cement selfunloading systems will be installed on each of two cement carriers designed for coastal cement d...
2009-03-12 11:14:26
Aker awarded drilling riser contract by Daewoo
Aker Solutions has been awarded another contract for the delivery of a deepwater drilling riser system to Daewoo Shipbuilding & Marine Engineering (DSME). Contract value is approximately USD 36.5 million. This is the fifth deepwater drilling riser sy...
2009-03-12 08:30:33
Baosteel lowers prices of shipbuilding steel again
According to local Chinese media sources, it appears that Baosteel Group Corp., the country's largest steel company, will lower prices again on shipbuilding steel beginning with deliveries made this month. It appears that it will lower the price per ...
2009-03-12 08:09:50
Wartsila wins order from Taiwanese
Wärtsilä has signed a design and propulsion system order with Taiwan's Jong Shyn Shipbuilding for a product chemical tanker. The 6,500 dwt vessel, due for delivery in 2011, is for CPC Corporation (CPC), a Taiwanese state-owned oil company. ...
2009-03-12 07:37:11
STX, Schottel jointly produce rudder propellers
The South Korean company STX Heavy Industries Co., Ltd. and Schottel will be cooperating in the area of large rudder propeller systems for underwater installation, as used on drilling rigs, for example. Within the framework of a corresponding lice...
2009-03-12 07:29:56
Wartsila receives order for FSV design
Wärtsilä, ship power system integrator for the marine industry, has received a ship design order from the Norwegian shipping company Sartor Shipping AS. The order is for two Vik-Sandvik 465 FSV design vessels that will be built at the W...
2009-03-11 07:40:39
Engine makers expect 20% further cancellations
Both Wärtsilä, the Finnish engine maker, and MAN Diesel, based in Germany and Denmark, expect further cancellations on their engine orderbooks this year. MAN said it could see up to a fifth of its marine backlog wiped off its orderbook. ...
2009-03-11 07:31:59
Hamworthy buys BWT firm
London-listed marine equipment supplier Hamworthy has acquired privately-owned Dutch ballast water treatment firm Greenship for an initial cash price of €2m ($2.5m). Hamworthy will pay a further €5m in cash when Greenship’s ballast water treatm...
2009-03-11 07:23:10
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