General
Europe's anti-dumping investigation
As financial crisis broke out in late 2008, the cut-throat competition among main shipbuilding countries are becoming bloodier. Recently European shipbuilders criticized that besides global financial storm, Korean builders’ expanding by price s...
2010-03-03 11:40:07
Indonesia wants Chinese builders
A delegation sent by Indonesia’s Department of Industry recently visited China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), with representatives of Indonesian shipbuilding industry accompanying. During...
2010-03-03 10:07:19
Newbuild prices lowest in 6 years
The prices for new ships have dropped considerably, reaching the lowest level in six recent years, said the analysts of the Korea Shipbuilders' Association. Just in January this year the price fell as much as 18% from the same period in 2009. The...
2010-03-03 08:00:43
Daewoo inks $30m wind turbines
Daewoo Shipbuilding & Marine Engineering’s wind power subsidiary DeWind of the US has signed a $30m contract with Little Pringle to provide 10 wind turbines. They will be delivered in the first half of this year and will be installed in Panhandl...
2010-03-02 13:38:21
Rongsheng crowned in China
During financial crisis, global shipbuilding market has suffered severe blow, as well as Chinese shipbuilding industry. But Rongsheng Heavy Industries seems as an exception with its excellent and stable performances. In China’s top 50 shipbuilde...
2010-03-02 10:13:24
Hanjin withdraws layoff
Negotiation between labor and management of a Korean shipbuilding giant, Hanjin Heavy Industries & Construction (HHIC), which caused a conflict over huge workforce cut, came to a compromise after HHIC decided to stop additional layoff. HHIC announ...
2010-03-02 07:02:11
STX Europe delivers ‘MSC Magnifica’
STX Europe said its Saint Nazaire Shipyard in France held a delivery ceremony on February 25th for the MSC Magnifica, a Musica-class cruiseship. The vessel was ordered by Italy’s MSC Crociere in March 2007 and it is the fourth in the Musica clas...
2010-03-02 06:28:22
Hyundai Mipo union donates to Haiti
Labor union of Hyundai Mipo Dockyard (chairman: Kim Won-bae) made a generous contribution raising around KRW 12m (USD 10.3K) to support desperate Haitians suffering from catastrophic earthquake following Hyundai Heavy Industries' labor union's contri...
2010-02-26 07:44:00
KR's Oh reappointed chairman
Korea Register of Shipping (KR) announced in a regular general meeting at Korea Chamber of Commerce & Industry, Seoul on Feb. 24th that Oh Gong-gyun was reappointed as chairman of KRS. Accordingly, chairman Oh will be again in charge of managemen...
2010-02-26 07:40:52
STX wins $3.2bn plant in Iraq
Korean business group STX is propelling Iraq's postwar recovery business by participating in another USD 3.2 bn-worth plants construction project in Iraq. STX Heavy Industries announced on Feb. 25th (local time) that it has signed a memorandum of...
2010-02-26 07:31:09
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