General
Rumors on future of Helsinki yard
The future of STX Europe's Helsinki shipyard continues to generate plenty of speculation. The last passengership it delivered was a 30,000-gt newbuilding to Brittany Ferries more than a year ago. Blocks for that vessel were brought from Turku. ...
2010-03-18 08:26:46
China Shiprepair Yard Ranking
Regardless of global financial crisis, Chinese shiprepairing yards showed strong performances last year. The ranking was released recently. In 2009, the repairing and demolition value of Chinese large-to-medium sized yards reached CNY67.7bn ($10bn...
2010-03-17 14:10:14
STX, aggressive for Daehan M&A
STX Corp. and STX Offshore & Shipbuilding, affiliates of STX business group of Korea, and a U.A.E.-based shipping company participated in the tender for Daehan Shipbuilding acquisition which is now under workout procedures, while Daewoo Shipbuilding ...
2010-03-17 10:36:22
Zhejiang yards suffer most cancellations
The volume of new orders axed at shipyards in China’s eastern Zhejiang province last year was the highest in the country, according to the China Association of the National Shipbuilding Industry. Citing only data for Zhejiang and the national t...
2010-03-17 08:18:37
New Energy Show 'SWEET 2010' Open
A Korean representative renewable energy specialized exhibition 'SWEET 2010' (Solar, Wind & Earth Energy Trade Fair 2010) will be held at Kim Dae-jung Convention Center from Mar. 17th to Mar. 19th. Backed by low carbon green growth and to make coun...
2010-03-17 06:57:58
‘Korea can build aircraft carriers’
Korea’s shipbuilding industry is believed to have the capability of building an aircraft carrier and its home production rate of combat systems to be installed on navy vessels such as destroyers has reached 95% to 98%. The Defense Acquisition Pr...
2010-03-16 15:11:19
Posco-DSME join forces in W/T
Posco, Korea’s largest steel maker, is entering wind power generation market in partnership with compatriot major shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). Both companies are expected to produce and install wind turbines, cons...
2010-03-16 12:23:54
DSME builds W/T factory in Europe
Korea’s Daewoo Shipbuilding & Marine Engineering, which is constructing a wind turbine (W/T) factory in Canada through a JV with the state government of Nova Scotia, is planning to build another similar size W/T equipment plant in Romania. DSME ...
2010-03-16 07:13:09
Wind Biz Replaces Shipbuilding
'5GW Wind Farm Construction Project' propelled by South Jeolla Province of Korea is gaining momentum along with a series of participations of companies. A foothold to promote realization of government's green growth policy and initiative business...
2010-03-16 07:11:19
HHI PPS proves stronger than quake
Korea's Hyundai Heavy Industries said Monday that its 'Packaged Power Station (PPS)' installed in Chile proved completely quake-resistant and operated normally despite a violent earthquake of 8.8 degrees intensity. The HHI-produced power stations ...
2010-03-15 16:02:37
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