General
Daeyang Shipyard kicks off
South Korea's Daeyang Shipping has kicked off operations at its new shiprepair yard in China. Daeyang vice-president KH Park said around 1,000 guests attended the yard's recent inauguration and they were impressed with its modern and clean facilit...
2009-10-09 11:47:31
ABG Shipyard raided
Indian officials have raided the offices of ABG Shipyard amid accusations of tax evasion. Investigators began searching ABG offices at 06:00 local time on October 7th and several documents have been ceased, according to local press reports. Top ma...
2009-10-09 08:08:03
Todd the only bidder
Todd Shipyards is once again the only bidder to construct two vessels for Washington State Ferries. And the state ferry operator appears likely to accept the $114m bid, which came in $4.3m above the state's estimate, local media reported Thursday....
2009-10-09 08:02:10
DNV opens new office in Abu Dhabi
Risk management specialist DNV has brought its business units under one roof in Abu Dhabi with a newly opened office in the Al Mushrif area. On the maritime front Liam Carroll is appointed station manager for the new office employs over 40 staff w...
2009-10-09 07:50:02
Daewoo executives indicted for bribery
An executive director at Daewoo Shipbuilding & Marine Engineering of South Korea was taken into custody and brought in an indictment Thursday on suspicion of committing bribery with subcontractors. According to prosecutory authorities, he is suspecte...
2009-10-09 07:16:17
‘Marine Week 2009’ opens on Oct 21st
Shipbuilding equipment, port, logistics and marine defense exhibition ‘Marine Week 2009’ is to be held at BEXCO in Busan, South Korea from October 21st to 24th. The international mammoth maritime exhibition has incorporated three shows, namely...
2009-10-08 13:50:14
Oil storage tankers exceed 100 ships
The number of tankers (mainly product carriers) used for oil product storage has now exceeded 100 ships. The anticipation of an increase in demand for oil products has caused an increase in chartered out bottoms, and the tightening up of bottoms ...
2009-10-08 07:22:02
Korea order backlog drops 21.7%
According to Clarkson statistics, South Korean shipbuilders’ combined newbuilding order backlog as of October 1st stood at 55.46m cgt, down by a whopping 21.7% from 70.91m cgt a year ago. Global orderbook shrank by 19.4% in the same period, from...
2009-10-08 06:43:01
DNV faces “Wind of Change”
On September 25th and 26th, DNV had its annual Korea Technical Committee meeting with major shipbuilding companies. With ACEA (Approval Center for East Asia)’s 25th anniversary celebration, DNV announced its plan for launching new business in Korea...
2009-10-07 14:14:32
New facility projects reviewed in India
In India where shipyard construction projects are being reviewed one after another, it appears that another construction plan for a small-size shipyard has been postponed. According to overseas media reports, completion of a shipyard to specialize in...
2009-10-07 07:26:15
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