General
Staco donates KRW 300m to KMU
South Korean shipbuilding equipment manufacturer Staco has donated development fund of KRW 300m ($270,000) to the Korea Maritime University. The university said on January 8th that Staco chairman Lee Dong-hyeong, center right in the picture, has v...
2010-01-11 15:10:55
New Year party at Sungdong
South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering held a New Year Party for its customer shipowners and ship inspectors at its auditorium in Tongyong on January 10th 2010. The party was to share New Year greetings and express ap...
2010-01-11 12:10:42
Setaf axes delayed one at Pipavav
French shipowner Setaf has reportedly cancelled an order for one of four delayed bulkers contracted at Pipavav Shipyard in India. The Indian yard said the 74,500-dwt vessel was originally due in 2009, but work had slowed because installation of a...
2010-01-11 07:41:09
CSBC targets China and India
CSBC Corporation of Taiwan has resolved to kick off new business operations in 2010 by tapping the lucrative markets of China and India, including setting up a ship design and consulting firm in China. W.L. Cheng, chairman of CSBC, told local medi...
2010-01-11 07:32:01
Jinling deliver first vessel in 2010
On January 5th, a 17,700-dwt multi-purpose (MPP) vessel built by China’s CSC Jinling Shipyard (南京金陵船厂) was delivered to Spliethoff's Bevrachtingskantoor B.V., a Dutch shipping company. This is the first ship delivered by Jinling...
2010-01-11 06:48:01
Hanjin union declares general strike
With the compulsory layoff program being implemented by Hanjin Heavy Industries & Construction after its voluntary layoff program fell short of its target, all members of the labor union at Hanjin announced their determination to go out on a general ...
2010-01-08 12:15:37
KR to verify emissions trading
The Korean Register of Shipping (KR) – an IACS member classification society – has been authorized by the Ministry of Environment of the Republic of Korea as a verification body for its pilot greenhouse gas emissions trading scheme. The s...
2010-01-08 06:59:51
Bangladesh limits scrapping zone
The government has tasked a technical committee to start work on establishing an official shipbreaking zone along Bangladesh's coast, following the prime minister's recent call for long overdue regulation of the hazardous industry. The government ...
2010-01-08 06:55:30
Bangladesh top breaker
Bangladesh retained its top spot as the largest shipbreaking nation in 2009 as it bought up more tonnage than any other country, foreign media reports. Demolition activity in Bangladesh reached 9.9m dwt during 2009, a 40% rise on 2008 figures, and...
2010-01-08 06:51:24
Difficulties go on in 2010
The year 2010 began with widespread economic optimism, with most of South Korea's major industrial sectors expecting continued improvement in business conditions. Shipyards, however, are bracing for another year of hardship as overcapacity continues ...
2010-01-08 06:46:58
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