General
Shipbuilding intellectual property rights reviewed
The Committee for Expertise of Shipbuilding Specifics (CESS) under the JECKU Top Executive Meeting recently coordinated views in debate over the protection for intellectual property of the shipbuilding industry among Japan, South Korea and China. The...
2009-08-18 07:15:36
Cosco delays delivery of supramaxes
Cosco Shipyard Group has agreed to delay the delivery of two more supramax bulkers, in one case by more than a year. Singapore-listed Cosco Corp, which owns 51% of CSG, said the Chinese shipbuilding group had agreed with a European shipowner to d...
2009-08-18 07:09:20
SLS hit by further dispute
D’Amico International Shipping and commodities giant Glencore have launched further arbitration against SLS Shipbuilding in a bid to cancel its entire order of four medium-range product carriers, worth $190m. The companies’ Glenda International j...
2009-08-18 07:03:05
Otto takes action over cancelled order
Otto Marine has begun arbitration proceedings against a firm majority owned by GC Reiber Shipping over a cancelled newbuilding. On July 1st Polar Marine 1 Pte announced that it had cancelled an order at Otto Marine for a platform supply vessel (PS...
2009-08-18 06:54:48
Daewoo raises ill children’s hope
South Korea’s Daewoo Shipbuilding & Marine Engineering’s welfare services group Sound of Sprout held an event called “Night of New Life, Marine Festival” for the 20th time at a beach in Geoje City on August 15th and 16th 2009. The function...
2009-08-17 15:13:15
CSBC chairman steps down
The chairman of Taiwan's troubled CSBC Corp is understood to have tendered his resignation a year early. However, a yard official says the resignation has still not been approved and that Cheng Wen-Lon remains in his position. It seems Cheng te...
2009-08-17 09:20:17
Tsuneishi Cebu to hire 4,000 more..
A Cebu-based shipbuilding company Tsuneishi Heavy Industries Cebu has announced it will be hiring an additional 4,000 skilled workers in the next three months to man its recently completed P12-billion expansion project. Director Roberto Aboitiz said ...
2009-08-17 07:25:46
L&T scales down ambitions
Shipbuilding newcomer Larsen & Toubro (L&T) plans to scale back its proposed shipyard and port complex in Ennore on the east coast of India. According to industry sources, the company now intends to invest about $320m in the first phase of its pro...
2009-08-17 07:12:43
WIS wins repair deal
Western India Shipyard (WIS) has secured a major shiprepair contract from Dredging Corp of India. The Mumbai-listed company, India’s biggest shiprepairer, said the deal was worth INR 66m ($1.37m). It did not give further details, beyond saying t...
2009-08-14 07:49:16
Majors foray into wind turbine market
The major shipbuilders of South Korea are foraying into the wind power generation business following one after another. Daewoo Shipbuilding & Marine Engineering (DSME) announced on August 12 that it has acquired the whole of shares in DeWind, whic...
2009-08-14 07:36:47
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