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Fincantieri may cut more
Italian metalworkers’ unions responded with alarm Thursday to the prospect of further job cuts at state-owned shipbuilder Fincantieri. Speaking after a meeting with Giuseppe Bono, chief executive of the Trieste-based company, they said the worse...
2009-11-06 07:44:31
K Line invests in Zhejiang shipyard
Japan’s Kawasaki Kisen Kaisha (K Line) has announced its intention to invest in the Zhejiang Eastern Shipyard Co (ZESCO) in Zhejiang Province, China, through an agreement signed with the joint venture company between Hanjin Shipping and Shunhe Ship...
2009-11-06 07:38:21
Greek Shipping Summit begins
The Greek Shipping Summit 2009, with a special tanker focus, was officially launched on Tuesday at the Athens Ledra Marriott. One year into the financial crisis that rocked shipping, executives from around the world and Piraeus flocked to the even...
2009-11-05 07:42:56
Blohm+Voss sees shrinking workload
Shiprepairers face a tough 2010 as shipowners cut back on non-essential repair and maintenance work as part of cost-cutting programs, Blohm+Voss Repair managing director Jankees Pilaar said. Mr Pilaar said that Blohm+Voss has good business up to t...
2009-11-05 07:33:34
Chinese diversifies into shipbreaking
Yangzijiang Shipbuilding has become the latest Chinese shipbuilder to diversify into shipbreaking business. The Singapore-listed company has taken a 20% stake in a new company called Jiangsu Huainan Metal Processing (JHMPCO). JHMPCO’s core bu...
2009-11-04 07:42:45
Malaysia-Japan shipbuilding forum open
A joint Malaysia-Japan shipbuilding forum was held Monday with the aim of enhancing the local maritime industry. Organized by the Association of Marine Industries of Malaysia (AMIM) and the Cooperative Association of Japan Shipbuilders (CAJS), th...
2009-11-04 07:21:38
STX starts ‘Solar’ operation
South Korea’s STX Business Group subsidiary STX Solar has completed construction of its solar cell manufacturing factory. The solar energy specialized company said it held a ceremony for the completion of the Gumi Factory on November 2nd, which ...
2009-11-03 06:35:50
2,000 ships to be scrapped
Around 2,000 ships are expected to be scrapped in 2010 as shipowners remove increasing amounts of tonnage from the deteriorating freight market. Single-hulled tankers will drive the most significant boost to demolition volumes as owners are set to...
2009-11-02 07:10:05
‘Marintec China 2009’ approaching
Another Asia’s large international maritime exhibition draws near after ‘Kormarine (Marine Week 2009)’ of South Korea has been successfully held last month. ‘Marintec China 2009’ is set to open from December 1st to 4th in Shanghai, China...
2009-11-02 06:27:14
IHI, A123 ally in lithium-ion batteries
Japan’s IHI Corporation announced on October 28th that it has closed a business tie-up agreement with A123 Systems, a US manufacturer of lithium-ion batteries, local media reports. The accord calls for supplying A123-made lithium-ion batteries larg...
2009-10-30 07:48:13
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