General
Italy metalworkers unions to strike
Italy’s main metalworkers unions are gearing up for an eight-hour strike ahead of a meeting between industry representatives and economic development ministry officials in Rome on Friday, according to foreign media reports. In a recent statement, t...
2009-12-10 07:38:37
STX signs $10bn construction deal
South Korea’s STX Business Group has signed a $10bn contract today with Ghana to establish a joint venture which will see it construct housing complex and infrastructures in 10 major cities in Ghana including Accra, the country’s capital. The ...
2009-12-09 11:49:11
DSIC bolsters non-shipbuilding
Dalian Shipbuilding Industry Co, an affiliate of state-owned China Shipbuilding Industry Corp, is set to increase its involvement in non-shipbuilding businesses after its newbuilding division was hard hit by the global financial crisis. DSIC vice...
2009-12-09 07:51:48
China will be No. 1, says BV
China’s shipbuilding industry will continue to increase its productivity and enhance its quality, says a senior official at French ship classification society Bureau Veritas (BV). Bernard Anne, executive vice president of BV’s marine division,...
2009-12-07 13:47:23
Hyundai’s ‘Tree of Hope’
World’s No.1 shipbuilder Hyundai Heavy Industries has set up a great Christmas tree in front of the main entrance of its head office in Ulsan, South Korea. The company has achieved exports of $15bn this year despite economic crisis.
2009-12-07 11:59:45
Bharati ends up with high debt
The Great Offshore Ltd takeover saga finally seems to have come to an end in India. ABG Shipyard Ltd has sold its stake in the company, which signals that it has opted to get out of the race to win control of the oilfield services company. Th...
2009-12-07 07:13:36
Hyundai ranks job security top priority
Hyundai Heavy Industries’ labor union chairman Oh Jong-shoi said last Friday that the union will make every effort to secure jobs. Mr Oh, who has been reappointed the chairman of HHI labor union for the first time in history of the organization,...
2009-12-07 06:35:03
STX markets canceled cape at $60m
STX Offshore & Shipbuilding is said to have put up a capesize newbuilding for sale at cut prices. Chinese and European shipowners are said to have been in the running for the cut-price capesize from the South Korean shipbuilder. It is understo...
2009-12-04 12:39:46
SPP moves into a new complex
SPP Group, South Korea’s shipbuilding group of middle standing, will move its two subsidiary companies SPP Heavy Industries and SPP Steel Pipe into Yulchon Industrial Complex in Suncheon city, South Jeolla province. The city said Thursday that S...
2009-12-04 06:25:51
Hyundai shuffles executives
South Korea’s Hyundai Heavy Industries Group, including Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries, announced Thursday that it has carried out regular personnel changes for 2009. A total of 64 executives w...
2009-12-03 12:09:47
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