General
IPK ‘Best Foreign Corporation’
On November 20th, International Paint Korea has won the ‘Best Foreign Corporation Award’ in the manufacturing industry sector from the Korea Economic Justice Institute under Citizens’ Coalition for Economic Justice. The prize has been awarde...
2009-11-24 06:22:16
Kings visit Hyundai construction site
The king of Saudi Arabia and the crown prince of Belgium have visited the construction site of world’s largest power generation-desalination plant located in Jubail city, Saudi Arabia, which is being built by Hyundai Heavy Industries of South Korea...
2009-11-23 12:24:28
Germanish hold on to permanent staff
German shipbuilders' association leader Werner Lundt points out that despite the gloomy picture, only a few permanent yard workers have so far been fired, foreign media reports. Hard-hit containership builders have focused instead on cutting the n...
2009-11-23 06:52:15
Marintec China grows 40%
UBM Asia, a subsidiary of United Business Media, and the Shanghai Society of Naval Architects and Marine Engineers, organisers of Marintec China announced that the biennial Marintec China exhibition taking place from 1 – 4 December, 2009 at the...
2009-11-23 06:11:39
STX prepares for big jump
South Korea’s STX Business Group held ‘H2 2009 management strategy meeting’ on November 20th and 21st to discuss long-term business plans and strategies. The meeting, attended by STX chairman Kang Duk-soo and presidents of subsidiary compani...
2009-11-23 06:08:07
Keppel-Cebu facility to remain closed
Keppel Philippines Marine Inc. said its facility in Cebu will remain closed indefinitely after business inquiries from both the local and international markets remain weak. Keppel said there is stiff competition in the international market from t...
2009-11-20 07:54:39
Naples yard fined
Italy’s competition authority has ruled that Neapolitan shiprepair yard Cantieri del Mediterraneo has abused its dominant position in the local market. The decision stems from a complaint filed by rival repair company La Nuova Meccanica Navale, ...
2009-11-20 07:04:43
Hyundai CEO resigns
Hyundai Heavy Industries representative director and president Choi Kil-seon decided to step down from the position to assist the company in getting over current shipbuilding slump. Hyundai said Thursday that Mr Choi has voluntarily resigned from ...
2009-11-19 12:22:00
Chinese wins Sembcorp new yard deal
Sembcorp Marine awarded a turnkey construction contract to a Chinese firm for the first phase of its new shipyard in Singapore. China’s Zhen Hua (S) Engineering has secured the contract and is due to begin construction work later this week. Semb...
2009-11-19 07:16:59
STX Europe mulls voluntary lay-offs
STX Europe is said to be looking to make an unspecified number of redundancies at its Saint Nazaire shipyard in France. The group has informed personal representatives at the yard that it intends to present a plan for voluntary redundancies at the...
2009-11-18 06:56:45
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