Equipment
Germany's Lloyd Shipyards refits TUI Cruises' firs...
TUI Cruises has awarded the Lloyd Shipyards in Bremerhaven, Germany, with the contract to refit the first ship of its new cruise brand. In March 2009, the ship that is currently operating for Celebrity Cruises as the Galaxy, will undergo a thorough c...
2008-11-14 10:46:57
Concussions on iron and steel industry continues
Like dominoes, impact of the sluggish iron and steel export industry and the domestic demand, tempestuous concussion was made on every single aspect of iron and steel industry. On the just-concluded "2008 (the sixth) Chinese iron and steel industry c...
2008-11-12 14:31:54
Marine equipment enterprises’ Q3 earnings, less than expec...
South Korean major shipbuilding equipment enterprises’ third quarter business performances failed to meet market expectations. On November 10, Hi Investment & Securities analyst Dong-Ik Jung said, “Industrial fitting enterprises such as TK Corpo...
2008-11-12 11:09:56
Daewoo inks to develop SPS shipbuilding solution
Intelligent Engineering, the UK-based engineering and technology firm, signed a landmark joint venture agreement with South Korea’s Daewoo Shipbuilding and Marine Engineering on Friday. The purpose of the agreement is to employ the IE-invented ...
2008-11-12 09:57:54
China’s steel plate production increasing
It is anticipated that China’s domestic shipbuilding steel plate market will maintain the oversupply due to the rather high margin range, operation of new production facility and inactive export. Although clear falling tendency in the vessel-produc...
2008-11-11 17:56:05
STX Enpaco makes eco-friendly turbo chargers
South Korea’s STX Enpaco, engine key-component manufacturer, is set to produce the ‘Environmentally-friendly Turbo Chargers’ in full scale for the first time in the country. Turbo charger is a component which enhances diesel engine’s outpu...
2008-11-11 16:26:30
Indian shipbuilding equipment industry gets promoted
India’s marine equipment industry seems to be going to prosper within a couple of years to come. The country’s navy and coast guard are both planning a fleet expansion and many private shipbuilding companies are enlarging their facilities alon...
2008-11-10 10:17:09
Baosteel-Hyundai signs MoU
Baosteel and Hyundai Heavy Industries recently signed a memorandum of understanding for the purchase of wide and heavy plates, writes SteelGuru. This move will lend profound significance for the two sides in responding to the market recession and fur...
2008-11-07 09:32:01
Vale to reduce iron ore production by 10%
Aftereffect of the worldwide recession seems to exert influence on large resources enterprises in Brazil. According to the overseas report, international mining company Vale decided to recline its iron ore production by about 10% (: 30m tonnage) t...
2008-11-05 11:40:11
China expects iron ore price cut
CHINA expects international iron ore prices to plummet next year amid falling demand from its steelmakers stung by the global economic downturn, state media reported today. "China's iron ore inventory at harbours and enterprises has reached 89 millio...
2008-11-05 11:07:05
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