No cease of supply of bulkers for demolition
Bulk carriers continued to make a one-way trip to the world’s ship cemeteries, even as freight rates for dry bulk carriage improved, providing shipbreakers with plenty of tonnage to choose from. But while bulkers, containerships and passengershi...
No compromise on safety, stresses IACS
Mr. Oh Kong-gyun, Chairman and CEO of the Korean Register of Shipping and current Chairman of the International Association of Classification Societies (IACS) has reinforced the vital relationship between IACS and IMO and warns that there will be no ...
STX France offers new lay off plans
STX France has made fresh proposals to meet unions’ claim for salaries to be maintained during planned short-time working at the company’s main Saint Nazaire shipyard in March and April. The unions have yet to give their response to the propos...
‘Mobile Harbor’: Reverse-conception
‘Mobile Harbor’, one of the prospective growth engines, of which patent is held by Korea Advanced Institute of Science and Technology (KAIST), is set to be put on exhibition in the International Exposition Yeosu Korea 2012. KAIST, Changwon Nation...
Ship breaker fined for environment pollution
Bangladesh’s High Court (HC) has fined owner of ship breaking company Madina Enterprise Joynal Abedin Tk one lakh for continuing toxic ship breaking ignoring the court's order. The court ordered him to pay the amount to Chittagong's Deputy Commissi...
No slowdown in Hamburg shipyard
With economic doom in every headline, export-led businesses here are preparing for the end. Hamburg shipyard worker Sebastian Kerzel says he and his colleagues are working flat out. "Since the economic crisis began, we've been really busy. New orders...
Ailing JJ Sietas faces management change
German shipyard JJ Sietas is facing a change to its management as it struggles to find finance to fund construction costs. Hinrich Sietas, owner and managing director of the company, is handing over to Rüdiger Fuchs, who will take over the ma...
STX France yard workers plan strike
Workers at the STX France shipyard at Saint Nazaire are to take fresh industrial action Friday to press home a claim for the maintenance of their earnings while they are working short time in March and April. Some 750 yard workers are due to be l...
Safedor promotes low-risk design and system
A four year European project has yesterday concluded promising to open the door for the development of ship designs and marine systems that are currently hindered by international regulations. The €20m ($26m) Safedor project, which included €12m ...
Break highest number of ships in 2009
Even as the shipping companies find it difficult to stay afloat with shrinking export-import business and falling freight rates, the ship breaking industry at Alang in Gujarat seems all set to buck the recessionary trend. About 125 vessels from the i...
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