General
Welcome, Aid plans
Korea Shipbuilders’ Association (Koshipa), the country’s blue-chip shipbuilders’ association, welcomed the government’s new restructuring and support plan for shipbuilding industry which was confirmed at the end of last month. Koshipa vic...
2009-05-04 13:32:56
Still Alive in Samurai
The JSEA represents the major Japanese shipbuilders, including Mitsubishi Heavy Industries, Imabari, IHI, Mitsui, Universal, Kawasaki and Sasebo. Japan has been steadily losing market share for traditional Shipbuilding Industries over the last two de...
2009-05-04 12:13:24
Kraljevica shipyard celebrates 280th anniversary
Croatia’s Kraljevica shipyard has celebrated the 280th anniversary of its founding this week as privatisation nears. The Rijeka yard held a ceremony to mark the occasion that was attended by senior government officials, including president Stjep...
2009-05-04 07:09:39
More than 144m GT with class ABS
US class society ABS is expecting a slow-down in its business from 2010 as the slump in ship orders hits. But chairman and CEO Robert Somerville said 2008 saw it reach record levels in terms of the classed fleet and newbuildings. The ABS fleet rea...
2009-05-04 07:02:19
ABS reports strong 2008, prepares for more challenging times
Speaking at the Annual Members Meeting of the classification society in New York, ABS Chairman and Chief Executive Officer, Robert D. Somerville called 2008 a “successful, challenging and extraordinary” year. Success stemmed from a record classed...
2009-05-01 11:14:05
Massive shipbuilding capacity to cause prolonged slump
It’s not the owners’ fault, it’s the yards who are to blame for the likely prolonged downturn in shipping, said Arthur Bowring (pictured), MD of the Hong Kong Shipowners Association. Speaking at the final session of TradeWinds’ Shipping Ch...
2009-05-01 11:04:02
Colonna's Shipyard wins $72m repair deal
Colonna's Shipyard in Virginia has won a five-year deal to repair the entire Staten Island Ferry fleet. The shipyard will pocket $71.5m over the term of the deal. One vessel is already in dry dock, for work that includes repairs on its cycloida...
2009-05-01 07:45:07
Bangladeshi lawyer fights toxic shipbreaking
Many of the world's largest ocean vessels reach their final destination on the beaches of Bangladesh. The coast of Chittagong, the country's main seaport, is littered with scrap metal, stained with toxic oil, and burning from the fumes of the ship-br...
2009-05-01 07:20:34
More than 80m GT with class GL
With the classification of the gas tanker "MT Gaschem Nordsee", Germanischer Lloyd (GL) has passed the 80 million gross tons threshold. More than 6,870 ships are currently surveyed on a regular basis by Germanischer Lloyd. As a result, the fleet i...
2009-05-01 07:09:49
Sakhalin owner gives up contract with Chinese yard
Sakhalin Sea Shipping Company OJSC gave up the idea to build two container vessels at a shipyard in China. Such decision was taken by the company’s shareholders last Friday, RZD-Partner reports. “Almost 95% shareholders voted against the cont...
2009-04-30 07:14:09
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