General
Evergreen launches environmental website
Evergreen launched its environmental excellence website (http://www.evergreen-line.com/enviro). The new site highlights the company's role since its founding in 1968 as environmentally, socially, economically and commercially responsible and via...
2010-03-11 09:08:38
Hyundai firms maximize synergy
Hyundai Corporation (HC) is tightening collaborative relationship with its parent company Hyundai Heavy Industries (HHI) to reinforce resources and energy development business. Chung Mong-hyuk, chaiman of HC stressed synergy with HHI; HC conclud...
2010-03-11 07:08:33
K Line PCC for ‘Green Recycling’
K Line has contributed the first ship to Japan’s green recycling pilot project on the island of Hokkaido. The pure car carrier New York Highway (built 1985) arrived in Muroran on Tuesday, where it will be used as a guinea pig to test modern dis...
2010-03-10 08:10:54
N Korea opens Rajin
North Korea recently gave Russia the right to use its Rajin seaport for 50 years and is considering extending China's 10-year contract signed in 2008 by another 10 years. China is investing tens of millions of yuan or billions of won in modernizi...
2010-03-10 08:00:43
BDI in Upward Mood
The Baltic Dry Index (BDI) is expected to sustain upward tendency for a while. Seoul-based Hyundai Securities forecasted that global economy influenced by recently rising hope for improvement of Chinese economy will play a key role in increment o...
2010-03-10 07:05:00
Turkish yard starts owning biz
A yard group in Turkey has chartered out three tanker newbuildings. Turkish shipyard group Med Marine has broken into shipowning by setting up a new Malta-registered company and chartering out three chemical-tanker newbuildings to Brostrom. T...
2010-03-09 08:18:11
LR chairman signals departure
David Moorhouse, chairman of Lloyd’s Register, made it official at the Lloyd’s Register’s 250 anniversary gala event on Friday that he will be leaving the classification society at year end. Well, informally official. He alluded to the end of h...
2010-03-09 07:40:21
Chinese cuts newbuild price
German KG financier Ownership has successfully reduced the price of two multipurpose vessels being built by China’s Jiujiang Tongfang Jiangxin Shipbuilding. The yard reduced the price of each of the two 12,000 dwt multipurpose carriers by $3.3m...
2010-03-09 07:30:13
Hyundai wins $2bn power plant
Korea’s Hyundai Heavy Industries was awarded a private-invested power plant project worth a total of $2bn in Saudi Arabia. Saudi Electricity Company (SEC) designated the Suez Energy-Al Jomaih consortium as the priority negotiator for the Riyad P...
2010-03-08 15:03:15
Hyundai opens new energy training center
Korea’s Hyundai Heavy Industries said on Monday that an education facility, dedicated for workforce training for new and renewable energy industry, has been completed. The 198㎡ practical training center has a variety of experiment facilities f...
2010-03-08 13:58:41
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