General
Builders mobilize chiefs to Athens
Chief executives of South Korean shipbuilders are all flying to Athens, Greece this week to participate in the Posidonia 2010 exhibition, to be held from Monday to Friday. They plan to conduct marketing activity there at a national pavilion target...
2010-06-07 06:27:12
NITC denies LNG ship order
NITC has denied recent reports in the international media that it has ordered six LNG carriers from an undisclosed Chinese shipyard. The company has taken no decision to build any LNG vessels, and were it to do so it would follow its normal practi...
2010-06-04 07:33:50
CSBC to cooperate with Mainland China
Recently global shipping giants such as Evergreen and CPC showed their expansion ambitions. With serial expansion plans revealed, a severe battle has been triggered among global shipbuilding tycoons, such as CSBC, STX and NACKS. General Tan Tai...
2010-06-03 10:00:14
Gdynia up for sale
The parts of Polish shipyard Gdynia that have not already been grabbed are now up for sale for the third time. Potential buyers can inspect the lots up to 6 September, government advertisements revealed. The biggest tender is the yard’s lar...
2010-06-03 08:13:04
PM dedicates Pipavav to the nation
Indian Prime Minister Dr. Manmohan Singh on Tuesday dedicated Pipavav Shipyard to the nation. In his inaugural address on this occasion, Dr. Singh said: "I understand that the Pipavav Shipyard, which has been set up on the Saurashtra coast of Guj...
2010-06-03 07:15:36
Green Technology: A Must
Shipbuilders are making every effort to secure eco-friendly technology in a bid to meet IMO's strengthened regulations. Low-carbon, high-efficiency newbuilding is now a must to survive for shipbuilders. Samsung Heavy Industries has set up state...
2010-06-03 06:57:41
SLS makes a new start
South Korea's SLS Shipbuilding held a ceremony on June 1st to make a brand new start. Under the catch phrase of 'NEW COMPANY NEW START', the shipbuilder aims to be reborn as a first tier shipyard. The company has just begun workout procedures w...
2010-06-01 14:36:34
Demolition peak comes
Chinese demolition industry keeps heating since 2009. More and more shipyards took demolition as subsidiary business. How long will booming time last? And will overcapacity also occur in demolition industry? According to Clarkson statistics, 953 s...
2010-06-01 10:22:55
Odfjell offloads Bow Prima
Norwegian owner Odfjell has lost over $3m in the sale of yet another chemical tanker for scrap. The Oslo-listed company has let the 46,500-dwt Bow Prima (built 1987) go for demolition in China. Odfjell remained mum on the buyer or purchase pr...
2010-06-01 08:33:00
No Daewoo M&A this year
The Korea Development Bank is said to have decided not to sell the main stake in Daewoo Shipbuilding & Marine Engineering within this year. Industry players had expected the sale procedures to start in the second half but strong acquisition candid...
2010-06-01 07:16:37
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