General
China’s shipbreaking reaches climax
According to statistics from China National Shiprecycling Association (CNSA), Chinese shipbreakers handled 694,000 tons (LDT) in 2008, which is the total of the previous three years. In 2009, the number was 3.2m tons (LDT) with value at CNY5bn ($735m...
2010-02-26 01:33:18
Germanish ask for aid
German shipyards received orders for a mere 20 ships last year, while recording cancellations of 60 planned newbuildings over the past two years, according to industry association VSM. The orderbook fell to 106 vessels comprising 1.9m gt. Deliver...
2010-02-25 08:19:15
Ship exports to decrease
Contrary to the expectation that export in major industries starts to recover this year, export of ships by Korea which hit the record high last year is expected to decline. According to Korean Ministry of Knowledge Economy (MKE) and industry pl...
2010-02-25 07:25:05
Nantong, capital of China’s shipbuilding
Chinese Private Shipbuilder Summit was recently held in Nantong. The summit focused on how Chinese builders would go in the context of global financial crisis, as well as relevant policies. Mr Huang Mengfu, chairman of All-China Federation of Indu...
2010-02-25 01:38:38
Iran launched its first destroyer
On February 19th, Iran’s first destroyer was launched in Abbas. Ayatollah Sayyed Ali Khamenei, Iran's Supreme Leader, was present in the ceremonay as well. The displacement of the destroyer reaches 1,420 tons. The cruise speed comes up to 30 kno...
2010-02-25 01:34:44
Bangladesh shipbreakers protest
Bangladesh's shipbreaking yards are at a crossroads, with workers up in arms at moves to make the yards operate in a more environmentally friendly manner. Shipbreaking ground to a halt Monday as some 30,000 workers protested a government decree ...
2010-02-24 08:12:31
General strike notice at Hanjin
The labor union of Korea’s Hanjin Heavy Industries & Construction, which has been in confrontation with the management over the large-scale layoff, has decided to go on a general strike on Feb. 26th. The union announced on Feb. 23rd that it will ...
2010-02-24 07:19:56
CSBC focuses on ship repairing
CSBC Corporation, one of top shipbuilders in Taiwan, recently expressed optimism on upcoming market. Mr Zheng Wenlong, chairman of CSBC, expressed that the spring would not be far away for shipbuilding industry, at least for the group itself. C...
2010-02-23 12:32:43
Rome to boost shipyards
The Italian government has reaffirmed its commitment to accelerating a number of public contracts for new ships as part of Rome’s response to the continuing difficulties being experienced by the country’s shipbuilding industry. At a meeting with ...
2010-02-23 08:28:26
'Bigger hardship coming', Hyundai union
The labor union of Hyundai Heavy Industries (HHI) said on Feb. 22 nd, “Bigger difficulty than the union has ever gone through is approaching this year.” In an article published under the title of ‘Job Security, Topic of the 21st Century’ i...
2010-02-23 07:11:11
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