General
Szczecin sells only $1.6m
The Polish government has sold assets worth only PLN 5m ($1.57m) at Szczecin shipyard in its third auction attempt. A unit of Polish shipyard Remontowa, called SSR Gryfia, bought shipbuilding materials for PLN 1.93m, as well as docking and technol...
2010-07-23 08:20:03
HMD passes wage agreement
South Korea's Hyundai Mipo Dockyard passed 2010 wage deal following the same move by compatriot Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering. HMD labor union members passed the wage collective agreement with 63.7% approval...
2010-07-22 07:29:34
HMM sells SH VLCC
Hyundai Merchant Marine has cut its single-hulled VLCC fleet after selling one of its tankers for conversion, brokers say. Seoul-based HMM is said to have fetched $26m for the 281,000-dwt Hyundai Banner. FPSO giant SBM Offshore has been toute...
2010-07-21 07:57:46
Explosion accident at China yard
An explosion at a shipyard in east China's Jiangxi Province early Saturday has left five workers dead and one missing. The accident happened at 2:10 a.m. at the Tongfang Jiangxin Shipbuilding Co. shipyard in Hukou County, local safety authorities...
2010-07-21 07:47:24
Tuzla toll keeps rising
Another shipyard worker has died at Istanbul’s notorious Tuzla complex. The death of Nurettin Bingol, a 36-year-old father of two, brings the number of fatalities in the area to 136 since the 1980s. Bingol broke his neck when he fell out of...
2010-07-20 07:40:30
EC allows Malta recruitment decisions
The European Commission has refuted claims by Labour MEP Edward Scicluna that the government or the italian company that bought Malta Shipyards breached EU laws by not taking on board the workers that remained. Replying to a parliamentary question...
2010-07-20 07:30:08
Koreana face downgrade
A negative view of the prospects for South Korea’s shipbuilding industry is taken by HSBC in a wide ranging review. HSBC said it was turning more cautious about the Korean shipbuilding industry, warning that shareholder value was at risk. N...
2010-07-20 07:21:17
DSME passes wage deal
Daewoo Shipbuilding & Marine Engineering has settled on the 2010 wage collective agreement, reaching a peaceful settlement for the 20th consecutive year. DSME management and labor agreed on a tentative wage collective agreement for this year on Ju...
2010-07-19 15:32:58
Fujian output hit $1.31bn
According to statistics, the gross industrial output value of shipbuilding in Fujian Province China reached CNY8.9bn ($1.31bn) in the first half year, rising by 13% against a year earlier. The new orders reached 110 ships valued at CNY9.75bn. The out...
2010-07-19 10:07:21
Nakilat & Damen ink shipyard deal
Qatar Gas Transport Co (Nakilat) and Dutch firm Damen Shipyards Group are to jointly operate a shipbuilding facility at the Qatari port of Ras Laffan, the companies said on Thursday. Nakilat, the world's largest shipper of liquefied natural gas (...
2010-07-19 07:06:44
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