General
Japan yards switching to young leaders
Four leading unlisted shipyards representing Japan will now be led by managers in their 40s who were born in the 1960s. Along with Imabari Shipbuilding and Tsuneishi Holdings, Oshima Shipbuilding and Onomichi Dockyard also welcomed new presidents in ...
2009-07-01 12:15:32
Tankers sold for scrap for $300 per ldt
Shipbreakers in Bangladesh and India are willing to pay up for the right tankers. Bangladeshi interests took the 5,892-ldt products carrier Taipan (built 1981), formerly owned by International Tanker Management of Dubai, for $300 per ldt. But yard...
2009-07-01 07:49:01
Oshima appoints new president
Japan’s Oshima Shipbuilding has appointed Hiroshi Minami as its new president in a shareholders’ meeting on June 29th. Mr Minami was previously a vice-president at the shipyard. The new president takes over just two weeks after the company ac...
2009-07-01 07:27:52
Rousse Shipyard workers go on protest
More than 600 workers from Bulgaria's Rousse Shipyard refused to go to work on June 29th. Syndicate leader Hristo Yordanov's official explanation is that this is a protest against two months' unpaid salaries. "You can interpret this as employee...
2009-06-30 14:36:51
Jinhaiwan to be renamed 'Jinhai Heavy Industry'
Grand China Logistics CEO Sun Che announced at the 2009 China Maritime Congress on June 25th that the company, which is a subsidiary of Hainan Airlines Group, had signed a contract to purchase the shares in Zhoushan Jinhaiwan Shipyard on June 8th, wh...
2009-06-30 06:32:00
Fire took place at Hudong-Zhonghua
A fire broke out on a containership under construction at Changxing Island-based Hudong-Zhonghua Shipbuilding, where gantry crane collapsed last year. According to local sources, a fire occurred in a lower part of an 8,530-teu large boxship being ...
2009-06-29 16:38:19
European yards on recruitment drive
European shipyards are to push on with a recruitment program despite the massive downturn in new orders now threatening the survival of the industry. After a board meeting the Community of European Shipyards’ Associations decided to press on wit...
2009-06-29 07:13:17
Dry spell ends for Shipyards?
Recently, STX Offshore and Shipbuilding broke the long-running orders drought by winning a $340-million deal to build eight tankers. Then Daewoo Shipbuilding & Marine Engineering said Friday it won a $200-million deal to build two ferries for a Greek...
2009-06-29 06:53:52
152 bulkers scrapped in Jan-May
The number of scrapped bulkers from January till May this year came to 152 units, aggregating 6.5 million dwt, according to the UK-based Clarkson Research Services. Breakdown of the vessels by ship type is eight capesizes (with capacity above 100,...
2009-06-26 07:47:20
Wartsila to cut 77 Finnish jobs
Credit crunch and economic downturn have led to Wartsila Corporation cutting 77 jobs at its Ship Power division in Finland. It will terminate temporary contracts and also transfer some staff to other Wärtsilä divisions to complete the re...
2009-06-26 07:11:14
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