General
Shinan christens 34K BC
Shinan Heavy Industries held a naming ceremony on Tuesday for a 34,000-dwt bulk carrier ordered by Oceana Shipping. The vessel with a length of 181m, a breadth of 30m and a height of 14.6m was christened 'Romandy' on the day. The ship equipped...
2010-08-11 07:43:43
ABG offloads shares in Great Offshore
Shares in Great Offshore have been declining for the past few weeks as ABG Shipyard has been selling the stock after its failed bid to acquire the company. The latter together with its wholly-owned subsidiary Eleventh Land Developers sold a littl...
2010-08-10 07:30:19
Returning from summer break
South Korea's large shipbuilders like Hyundai Heavy Industries and Samsung Heavy Industries have all returned to work on August 9th from an up to two-week-long summer holidays. While HHI management, led by chairman Min Khe-sik, held a breakfast me...
2010-08-10 06:41:31
New Century to set up R&D center
China’s New Century Shipbuilding is preparing to establish research and development center in Shanghai. The first job of the centre is to design on four 320,000dwt VLCCs, which were secured by New Century not long ago. It is the largest tanker orde...
2010-08-10 01:04:55
H2 prospects 'Cloudy'
South Korean shipbuilders are expected to have difficult times in the second half of the year as both new ship orders and output volume decrease. The Export-Import Bank of Korea said new orders are picking up since the turn of this year but consid...
2010-08-09 06:47:57
Hyundai Samho strikes wage deal
Hyundai Samho Heavy Industries labor and management settled on 2010 wage collective agreement on July 29th, peacefully for the fourth consecutive year. On July 27th both sides agreed on a preliminary agreement containing ▲ basic salary hike by K...
2010-07-30 07:48:14
Shanghai welcomes foreign brokers
Foreign-owned shipbroking enterprises will soon be able to get business licenses in Shanghai, the first time for such companies on the Chinese mainland.
 Nine companies have undergone inspection by the authorities, and will complete registra...
2010-07-29 07:25:53
Polembros scraps cape
Polembros has become the latest shipowner to send a capesize for demolition in the face of continued weak freight rates. It is said to have sold its 133,357-dwt Mercedes (built 1981) for $385 per ldt or just over $8.7m, according to US cash buyer...
2010-07-27 07:42:45
Accident kills four in Turkey
Four shipyard workers were killed Saturday when a scaffolding collapsed in Ustaoğlu Shipyard in Ereğli, a town of the northern province of Zonguldak. The accident happened at around 4:30 p.m. when a scaffolding built in the cargo hold o...
2010-07-27 07:37:06
Irving adds repair yard
Irving Shipbuilding says it is forking over CAD 1.00 ($0.96) to add Shelburne Ship Repair to its Canadian yard empire. While the government of Nova Scotia stands as the lucky beneficiary of the coin, the sale price is a mere fraction of the loan ...
2010-07-26 07:00:34
Start  Prev  591  592  593  594  595  596  597  598  599  600  Next  End