General
Hanjin cuts workforce by 30%
One of South Korea’s major shipbuilders Hanjin Heavy Industries & Construction said it will cut more than 30% of its workforce in a bid to overcome the tough managerial environment caused by global shipping companies facing crisis of bankruptcy. ...
2010-01-04 06:27:27
Bangladesh controls shipbreaking
Bangladesh will set up a specific shipbreaking region in a bid to cut the number of accidents. The zone at Sitakunda in Cittagong will allow for better safety and environmental standards, claims Hassan Mahmud, state minister for the environment. ...
2009-12-30 08:22:33
VaderoTank cancels pair
Sweden’s Rederi AB VaderoTank is said to have cancelled a pair of chemical/oil products tankers at Selay Shipyard in Turkey. The newbuildings should have been delivered during 2009. VaderoTank ordered a total of four IMO-2 coated sisterships mor...
2009-12-30 08:17:34
Moller’s costly cape cancellation
Maersk McKinney Moller’s cancellation of two capesize bulkers is estimated to have cost the Danish owner nearly $40m, foreign media reports. The 96-year-old Moller booked the ships two years ago in a private deal at Daewoo Shipbuilding & Marine ...
2009-12-30 07:59:33
CSIC enters Taiwan new energy biz
China Shipbuilding Industry Co (CSIC), the country's largest shipbuilder, is seeking cooperation for development in the new energy and wind power industries in Taiwan, said Deputy General Manager and Chief Accountant Zhang Biyi, sources reported. ...
2009-12-29 14:29:12
ClassNK error prevention guidelines
Nippon Kaiji Kyokai (ClassNK) has announced a set of guidelines designed to prevent human errors on board a ship. Thus far, international rules have been in place to stem occurrence of on-board human errors, but ClassNK ventured to formulate meas...
2009-12-29 08:12:39
Scrap rates to fall in 2010
Shipbreakers in India, China and Bangladesh pulled out all the stops in the final days of 2009 to secure a string of deals at prices in the high $300s per ldt, foreign media reports. The surge in sales promises a healthy start to 2010 for the demo...
2009-12-29 07:35:30
Blast kills four
Sitakunda police lodged a case Sunday in Bangladesh against the owner of a ship breaking yard and five contractors after an explosion aboard a scrap oil tanker killed four workers the day before. Sitakunda police sub-inspector Azam Khan told bdne...
2009-12-29 07:24:20
Downsizing expected next year
South Korea has remained the world's largest shipbuilding nation this year, but concerns are mounting that a number of medium- and small-sized shipbuilding companies may go for huge restructuring next year, shedding jobs. SLS shipbuilding, the nat...
2009-12-28 13:21:41
Cammell Laird wins upgrade order
British shipyard Cammell Laird has secured a significant commercial ship upgrade order to extend a cable-laying ship. The Liverpool-based yard will work on the Skagerrak for Nexans Norway from mid-January to extend the vessel by 10 meters and pre...
2009-12-28 07:19:16
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