General
SHI targets Greek
Noh In-sik president of Samsung Heavy Industries (SHI) of Korea visited Greece. This follows his first visit of this year to France early this month showing his great interest in European market. According to industry sources, president Noh who le...
2010-03-26 14:48:54
Shanghai holds shipping forum
On March 25th, Shanghai International Shipping Forum 2010 convened by Shanghai government and Ministry of Transport of People's Republic of China was open. One year ago, Chinese government issued plan to establish international shipping and financ...
2010-03-26 12:52:02
HHI Non-shipbuilding Valued
Seoul-based Shinyoung Securities maintained its investment opinion for Hyundai Heavy Industries (HHI) as 'Buy' and upward adjusted target stock price from KRW 290,000 (USD 253) to KRW 350,000 per share stating that HHI's non-shipbuilding business wil...
2010-03-26 07:34:01
STX Metal new representative appointed
Korean engine part maker STX Enpaco appointed vice president Yu Cheon-il (pictured) as new representative director. STX Enpaco held a board of directors' meeting after general meetings of stockholders on Mar. 25th, and announced that Mr Yu was app...
2010-03-26 07:29:26
Upheaval Amid Downturn
Recession of the global newbuilding market is bringing about a big market upheaval. Korea yielded the world's No. 1 position to China last year in terms of new orders and orderbook. Hyundai Heavy Industries, who has been the adamant No. 1 shi...
2010-03-26 06:52:48
DNV opens Global Cruise Center
Long active in the cruise industry in North America, DNV has announced the opening of a new facility in Miami, Florida. The Global Cruise Centre will enable DNV to respond more quickly to local customer demand and serve as a hub for a network of ...
2010-03-25 12:11:34
Keppel bags $160m twin conversion
Keppel Shipyard has secured two contracts worth $160m to convert a Floating Production Storage and Offloading (FPSO) vessel for Single Buoy Moorings Inc (SBM), and a livestock carrier for an affiliated company of Hijazi & Ghosheh Co. "We are deli...
2010-03-25 07:54:54
Asia Pacific Maritime 2010 Open
The much-awaited biennial international maritime exhibition and conference Asia Pacific Maritime 2010, offering high-value content that addresses concerns in a recovering and challenging maritime market, started at Singapore Expo today, continuing un...
2010-03-24 15:48:28
Global slump boosts ship quality
The recession has had the paradoxical effect of significantly improving the quality of new ships being built in the world’s shipyards, says Det Norske Veritas chief operating officer Tor Svensen. Mr Svensen said at the Connecticut Maritime Asso...
2010-03-24 08:19:48
Call to block sale of STX France
A union leader has called on the French government to bid for control of France’s leading shipbuilder, STX France, after claiming that the Alstom industrial group is in the process of selling its remaining 16.7% stake in the company to the group’...
2010-03-24 08:14:44
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