General
Universal wins $14m guardship
Japan's Universal Shipbuilding has recently inked a newbuilding contract with local customs to build a guardship. The newbuilding tender was launched in October and Universal was finally awarded the deal worth JPY 1.15bn (about $13.7m). The shipya...
2010-12-09 08:56:00
Giant repair base coming in Fujian
The ship repairing project of Fujian Quanzhou Shipbuilding Industry Co., Ltd will be completed next year, which could fill the gap that there are no large scale docks and ship repairing yard between Shanghai and Guangzhou, said Zhao Yunbao, executive...
2010-12-09 07:56:32
Safe catches bargain newbuilding
Safe Bulkers is playing its cards close to its chest as to how it captured a capesize newbuilding at a knock-down price. New York-listed Safe revealed yesterday it had booked the $53m newbuilding in China against a 10-year charter contract. In a ...
2010-12-09 07:40:26
Big 3 CEOs continue in office
The CEOs of Korea's large-sized heavy industries companies are seen to have continued at their post or been promoted in 2010's CEO reshuffle, which is a good news for warm end of the year. This is probably because it is only one year since the la...
2010-12-08 09:09:56
Bangla eyes Danish support for shipbuilding
Bangladesh Prime Minister Sheikh Hasina (pictured) has sought Danish support for Bangladesh’s prospective shipbuilding industry and exploring gas for socio-economic development of the country. “The government has a plan to set up shipbuilding ...
2010-12-08 07:47:32
Hyundai 'World Best Products' hit 31
Hyundai Heavy Industries added two more items on its 'World Best Products' list, approved by the Korean Ministry of Knowledge Economy, bringing the total to 31 items, which is the largest in the nation. MKE selected HHI's Gas Insulated Switchgear ...
2010-12-07 13:04:29
American Shipbuilding Association will be dissolved
The Board of Directors of the American Shipbuilding Association (ASA) said Monday that the organization will be dissolved effective December 31, 2010. The decision comes after a review of the organization's charter and changes in the industry lan...
2010-12-07 09:05:27
SLS & Suppliers endeavor to normalize
Korea's SLS Shipbuilding held a workshop for two days on November 26th and 27th in Kyungnam Social Promotion Training Institute in Uiryeong-gun, Gyeongsangnam-do, Korea. Attended by Kim Deok-jung, CEO of SLS, executives, production team leaders ...
2010-12-07 08:29:59
STX eyes Global Top by 'win-win strategy'
Korea's STX Group held the '2010 Second Half Management Strategy Meeting' last weekends attended by some 230 entire group executives including chairman Kang Duk-su (pictured above). Chairman Kang said, “During the next decade it is important to ...
2010-12-06 12:36:59
A story of Chinese shipyard
In 2003, Zhang Hua sold his factory of hardware and borrowed some money. As a result, he had CNY7.0m ($1.05m) in hands and purchased a small shipyard located in Yueqing, Wenzhou, Zhejiang Province of China. This was the beginning of the story. ‘...
2010-12-06 10:13:05
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