LR opens $8m surveyor training facility in Shanghai
Lloyd’s Register Asia Wednesday opened its first dedicated marine surveyor training centre in Shanghai. The Maritime Surveyor Training Institute (MSTI) represents more than an US$8 million investment for the organisation in the first five years ...
IMO emissions plan under fire
Energy efficiency index that could set limits for carbon dioxide is condemned as too complex The International Maritime Organization’s formula for determining the efficiency of a ship, and thus the carbon dioxide it emits, is in danger of becomi...
STX yet to decide on Russian yard project
South Korea’s STX Group said that news reports of its involvement in a $1bn shipyard project in Russia’s Far East are premature. News reports had said that STX would participate in a shipyard project in Primorsk which is being led by Russian ...
20,000 workers strike in Alang, India
Nearly 20,000 workers have gone on an indefinite strike in Alang, India’s premier shipbreaking centre, to protest the reduction in their wages. The global economic slump and downturn in the shipping industry has flooded Alang with ships with over 1...
Hyundai, ‘Best Employer in Korea 2009’
South Korea’s Hyundai Heavy Industries (HHI), the world’s number one shipbuilder, has been selected as one of the ‘Best Employers in Korea 2009’ by Hewitt Associates of the US. According to HHI on March 25th, the US personnel management co...
Marfin scorns rumours of Greek shipyard interest
Acquistive Marfin Investment Group (MIG) has ruled itself out as a potential suitor for Hellenic Shipyards. Hellenic is at the centre of a dispute between German owners ThyssenKrupp, the steel and shipbuilding giant, and the Greek state. Reports in ...
Keppel Cebu yard withdraws from repairs
Keppel Offshore & Marine Ltd., a major Singaporean ship repairer, plans to withdraw from repair operations at its Cebu yard in the Philippines, according to foreign press reports. It appears that Keppel has judged demand-supply for ship repairs i...
Scrap shock: Breakers crisis
Scrap prices have softened as shockwaves hit the demolition industry following the shutting down of all Bangladesh’s breakers yards. Two sales in Bangladesh were reported, but these could be the last for some time, after the government gave yard...
Liberia registers 3,000th vessel
The Liberian Registry has passed a major milestone by registering its 3,000th vessel, the 105,400 dwt aframax tanker Ise Princess, built this year for Fairsea Enterprises SA and managed and operated by Tsakos Shipping & Trading SA of Greece. Scott...
Breakers given three-week reprieve
Bangladeshi ship recyclers have been given a three-week reprieve from a High Court ruling, which last week ordered the closure of all shipbreaking yards without environmental clearance within two weeks. Local media reported that the Bangladesh Sh...
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