Equipment
Rescue plan: Chinese shipyards
Shipbuilding has been identitfied as one of 10 pillar industries that the State Council will pump urgent cash into in order to stave off disaster, local media has reported. China has made plain its aims to be the largest shipbuilder by 2015 ̵...
2009-01-21 09:54:52
STX Dalian engine factory kicked off
STX Dalian shipbuilding complex in China, under construction by STX Business Group of South Korea, has successfully produced its first diesel engine for ship. With this, the STX Dalian shipbuilding base has established an overall shipbuilding syst...
2009-01-19 06:09:20
Dongkuk drops steel plate prices
South Korea’s steel maker Dongkuk Steel Mill will lower the prices for steel plates by 250,000 won (181 dollars) per ton from January 19th. It announced on January 15th that it would drop the prices for shipbuilding steel plates from 1.41 millio...
2009-01-16 06:12:08
Japan developed new coating-protected steel plate
Japan’s JFE Steel Corporation has developed ‘JFE-SIP-BT’ (Steel for Ship Inside Protection for Ballast Tank), new steel plate with high durability for the coating on the ballast tank. It has enhanced the protective value against erosion of the ...
2009-01-13 14:33:15
Fincantieri and ABB float a joint venture
Fincantieri – Cantieri Navali Italiani S.p.A. and ABB S.p.A. have signed an agreement to create an equally owned joint venture in Italy for the design, development, and delivery of marine integrated automation systems for the naval, cruise, fer...
2009-01-13 07:42:48
ABB wins marine orders worth $30 million
ABB, the leading power and automation technology group, has won orders worth $30 million for electric propulsion, power generation and power distribution systems that maximize the fuel efficiency of offshore supply vessels to be built in China. ABB w...
2009-01-13 07:24:00
Preparing for changes: Marine manufactures
Amid decelerating newbuilding negotiations beginning to affect the marine equipment market, such equipment manufacturers are now seriously studying measures to stabilize their management and secure profits as well. In the last five years, most of ...
2009-01-12 11:54:41
Vale iron ore exports to fall 17% in 2009
Iron ore exports by Brazilian mining giant Companhia Vale do Rio Doce (RIO) will likely fall 17% to 270 million metric tons, UBS Pactual says in a report released Thursday. UBS previously forecast the world's leading iron ore exporter would ship ...
2009-01-12 06:41:15
Chinese SBQ plate market to remain oversupplied in 2009
Interfax reported that China's shipbuilding steel plate market will remain in surplus this year as the global economic crisis continues to affect demand. According to Mr Zhu Xian an analyst from Mysteel Information, sinking exports and domestic consu...
2009-01-09 15:49:19
Sino-Korean SBQ plate deals at $ 840
It is reported that China's major integrated steelmakers such as Baosteel Co Limited have settled their export deals of first class ship plates with South Korea's major shipbuilding companies at USD 840 per tonne C&F for January 2009 shipments. Also,...
2009-01-09 15:44:32
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