General
STX recruits take cruiseship training
STX Corporation of South Korea launched a training tour on July 10th for its 2009 first half new employees. The ‘Sea God Challenger’ cruiseship training tour visits major cities in China including Dalian and Shanghai for nine days in total. ...
2009-07-14 13:43:22
New breakers hike prices
Fresh entrants to the shipbreaking market are driving up demolition prices for owners who are willing to take a risk. US-based cash buyer GMS said that new demolition yards are seeing increasing opportunities in the market, as tonnage remains plen...
2009-07-14 07:13:04
MSC sells tweendecker for scrap
Mediterranean Shipping Co (MSC) has sold the 20,216-dwt MSC Cristiana (built 1984) to an Indian shipbreaker, brokers say. The ship fetched $255 per ldt, reports claim. It was reported in April MSC had sent 15 owned and nine chartered ships for ...
2009-07-14 07:11:28
Statistics hide Polish yards job losses
Shipyards in Poland created thousands of new jobs in June, according to the European Commission. However, the figures are a statistical quirk hiding real job losses, foreign media reports. The July edition of the European Union’s employment situ...
2009-07-14 06:59:43
Saint Nazaire struggle to avoid lay-offs
Management of STX France’s Saint Nazaire shipyard say they have not given up hope of avoiding mass lay-offs during the final four months of the year despite a heavy shortfall of work. Personnel at the yard were told last week that 1,500 employe...
2009-07-14 06:44:37
Gdansk restructuring to get the go-ahead
Competition Commissioner Neelie Kroes visited Poland’s Gdansk Shipyard where she confirmed that a positive decision is formally expected for the yard’s restructuring plan within a couple of weeks. Kroes has recommended approval, with a final d...
2009-07-13 08:12:13
Fincantieri-union to meet for labor talks
Executives at Italian state-owned shipbuilder Fincantieri and leaders of metalworkers union Fiom will meet for talks on July 16th in an attempt to resolve a long dispute over a new labor contract. The meeting represents a breakthrough in itself af...
2009-07-13 06:52:43
Metrostar selling suezmax newbuildings
Greece's Metrostar Management is selling suezmax newbuildings, two confirmed and some still underway. Dimitris Korkodilos, CEO of Andriaki Shipping, the management arm of NJ Goulandris group, confirms the purchase of two 165,000-dwt tankers that M...
2009-07-13 06:44:08
Chinese shipyards mulling shipbreaking
Some Chinese shipyards are contemplating a switch from shipbuilding to scrapping, Drewry Shipping Consultants says. The Chinese demolition industry has been "turning the tables" by buying up tonnage at prices similar to prices out of Bangladesh, a...
2009-07-10 07:43:13
80 PCs chartered for storage
Product carriers (PCs) chartered for storage of petroleum products are increasing further, with the number of such vessels recently reaching about 80 units. Of these, LR II-type PCs account for about 50 and LR I-type ships about 30. As of mid-Jun...
2009-07-10 07:40:47
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