General
Seminar for overseas markets
The Busan branch of Korea Industrial Complex Corp. and Busan Marine Equipment Association (BMEA) hosted an 'invitation seminar for shipbuilding equipment export specialists' in Paragon Hotel in Busan, Korea, yesterday. Around 100 officials from 50...
2010-12-16 12:42:01
STX takes over US oil field
Korea's STX Energy announced today that it acquired 46.75% shares of an oil mining area located in Escambia County in Alabama of the Southeastern United States and a management right both for $55m in America's Renaissance Petroleum in a joint with An...
2010-12-16 11:07:42
CIMPS awarded 'Top 10 Brand Exhibition'
The China International Marine, Port & Shipbuilding Fair (CIMPS) has won the “2010 China Top Ten Brand Exhibition” Award in the 2010 Annual Conference of China’s Convention and Exhibition Industry & Awards Ceremony of Chinese Brand Exhibition, ...
2010-12-16 09:26:09
Hyundai sees 950 retirements
Korea's Hyundai Heavy Industries (HHI) announced today the number of regular retirements would total 950 workers for 2010, which is the biggest number since its foundation in 1972. This figure even broke the record high of 675 regular retirements...
2010-12-15 13:03:30
Signal International refurbishes Mobile
Signal International recently completed a $9 million yard and dry dock renovation at its shipyard in Mobile, Alabama. The former Bender Shipbuilding facility is now the home of Signal Ship Repair, SSR, and is the flagship vessel repair and new co...
2010-12-15 08:43:41
Bangladesh develops shipbuilding lab
The Bangladesh government will develop Bangladesh University of Engineering & Technology (BUET) laboratories in a bid to set up testing laboratories of international standard for shipbuilding industries, commerce minister Faruk Khan said. The comm...
2010-12-15 08:41:46
Goa seeks to invest in Nigeria shipyard
Goa Shipyard in Vasco Dagama of India has expressed its intention to invest in developing the shipyard and ship repair sector of the Nigerian maritime industry. Disclosing this in Lagos during a courtesy call on the management of the Nigerian Mar...
2010-12-15 08:27:46
Gov’t sells stake in Subic
The Philippines government is wrapping up the sale of its 10 percent stake in Subic Shipyard & Engineering (Subic Shipyard) in Olongapo, Zambales, to meet its reduced privatization goal of P2 billion this year. Finance Undersecretary John Philip S...
2010-12-15 08:21:32
Busan's cluster plan needs reviewing
An assertion has been raised about 'Shipbuilding Industry Cluster Development Plan' led by the city of Busan, Korea, saying a comprehensive review is badly needed including measures to create synergy effects. In the seminar hosted by Korea Associ...
2010-12-14 12:59:17
Russia and Japan to build LNG plant
Japan is set sign an agreement with Russian giant Gazprom to study the business prospects of building a liquefied natural gas plant in Vladivostok, a trade ministry official said today. "We are preparing to sign a document to agree on a feasibili...
2010-12-14 08:23:48
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