General
STX Europe in talks to lay off
STX Europe, Europe’s largest shipbuilder owned by STX Business Group, has warned that up to 400 workers could be laid off at its yard in Turku, Finland, next year as work dries up. At present, around 2,300 people are employed at its Turku shipy...
2009-11-12 05:28:56
China set to become world No.1
Korea's shipbuilding industry is suffering from insufficient orders due to the serious financial crisis, and China will replace South Korea as the world's largest shipbuilding country. China's shipbuilding has overtaken South Korea's in terms of ...
2009-11-11 12:01:24
Over 2000 ships will be scrapped
A recent forecast reveals that more than 2000 ships will be scrapped to metal pieces within next year. International Maritime Organization(IMO) has adopted the phase-out scheme for single hull tankers in order to prevent oil spill disasters. ...
2009-11-11 10:03:18
DNV considers nuclear-powered ship's potential
According to sources, marine engineering players are beginning to revaluate the potential for nuclear power on ships. As the maritime industry faces increased environmental legislation, class societies, engineering academies and other institutions...
2009-11-11 05:29:43
Aid cause prolonged slump
Korea and China, the largest shipbuilding nations, are helping their maritime industries weather a cargo slump. Their aid may prolong the slowdown. Korea has committed 400 billion won ($345 million) to help shipping lines pay for new vessels. Chi...
2009-11-11 05:26:41
Universal : Not the right time
Japan’s Universal Shipbuilding Corp needs more time to assess its planned merger with compatriot yard group IHI Corp due to the downturn. Shinjiroh Mishima, president of USC, said that plunging demand meant all potential areas of risk had to be...
2009-11-10 05:05:28
Korea drives ISO coating technology
Korean government pushes for international standardization of domestic ship protection coating technology. Korean Agency for Technology and Standards(KATS), a sub-agency of the Ministry of Knowledge Economy, informed that the exhibition of domestic ...
2009-11-09 14:24:43
700 ships to be scrapped this year
Totaling over 700 ships are expected to be scrapped this year. October turned into another busy month for demolition sales with over 700 ships sent for torching so far in 2009, double last year's figure. All the main shipbreaking centers have s...
2009-11-09 05:13:18
MISC charters new panamax
German KG (limited partnership) shipping-finance and management group Norddeutsche Vermoegen has found a charterer for its latest panamax newbuilding. The 4,600-teu Northern Priority (built 2009) has been taken by Malaysian operator MISC for services...
2009-11-08 00:21:17
STX Dalian boss wins ‘Manager Prize’
Lee Gang-sik, president of STX Dalian Engine Machinery Construction, has been awarded the ‘Manager Prize of the Year’ by the Korean Production and Operations Management Society (KOPOMS). KOPOMS plans to hold a prize-awarding ceremony on Novemb...
2009-11-06 11:17:40
Start  Prev  641  642  643  644  645  646  647  648  649  650  Next  End