General
SAS partners Nigerian shipyards
Southern African Shipyards (SAS), which is building tug boats for Transnet, will set up two shipyards in Nigeria and is finalising funding of R350 million needed for the first facility. SAS chief financial officer Prasheen Maharaj said that the ex...
2010-10-14 08:01:05
Future: Not pessimistic
In this year dramatic changes occurred in global container shipping market. Evergreen, Yang Ming and Wan Hai experienced huge loss last year to amazing profits now. Recently Evergreen announced new orders again. Did it mean the booming of container m...
2010-10-14 01:18:20
Norway keen to invest in Bangla energy & shipyard
The Norwegian government has expressed keen interest to invest in Bangladesh's energy, power, shipbuilding and agriculture sectors, reports UNB. The Nordic country has also showed interest for joint venture with Bangladesh in the sectors of renewa...
2010-10-13 08:05:16
Ukraine shipyard liquidated
Shareholders of Ukrainian shipowner Ukrrichflot have decided to liquidate Chernihiv shipyard, one of its shipyards. The company said the yard was used for repairing, refurbishing and modernising vessels, as well as building floating cranes. Ukrri...
2010-10-13 08:01:13
Fatal accidents in Bangla shipbreaking
At least three workers were crushed to death and others have been injured in an accident at a shipbreaking facility in Bangladesh. The reported deaths at Sheema Steels Shipbreaking come at a time when the country’s ship-recycling industry remai...
2010-10-13 07:54:21
Russian ferry passes ice test
The first ferry to make it along the Northern Sea Route has arrived in Vladivostok to serve as floating accommodation. The Russian state-owned 9,800-gt Georg Otts (built 1980) left Murmansk on 9 September for its voyage through the arctic ice. ...
2010-10-12 07:56:40
Vinashin appoints new chairman
The Vietnamese government has appointed a top PetroVietnam executive as the new chairman of heavily-indebted shipbuilder Vinashin. Nguyen Ngoc Su, vice general director of the oil and gas group, replaces interim appointment Nguyen Hong Truong, th...
2010-10-12 07:52:52
Chinese yard cut price for Danish owner
Danish tanker owner Erria has secured a price cut on two newbuildings on order in China. It will pay EUR 3.2m ($4.5m) less than it originally agreed for the 6,500-dwt vessels being built at Rushan Shipyard, a statement says. Erria director Henrik...
2010-10-12 07:50:31
Ananda in green scrap move
Bangladesh’s largest shipbuilder is teaming up with a Dutch based venture to develop a domestic “green” recycling facility. The Ananda Group has entered into a joint venture with ship recycling specialist Greendock to develop the facility. ...
2010-10-11 07:22:38
DKB eyes shipyard move
Indonesian state shipyard Dok & Perkapalan Kodja Bahari (DKB) is to focus more on shiprepair as it moves to a bigger site. DKB president director Riry Syeried Jetta told reporters repair could be more feasible than shipbuilding. “Constructing a...
2010-10-11 07:19:10
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