General
STX active in world marine exhibitions
STX Business Group of South Korea, amid global economic downturn, aims to receive new contracts by actively participating in world-class marine exhibitions. STX Group is already participating in ‘Sea Asia 2009’ which is being held in Singapore...
2009-04-23 11:34:52
STX Sails Ahead
STX plans to tackle higher market uncertainties by putting more focus on alternative but promising segments ― offshore, value-added ships and energy. Although, time is not on the side of most of leading shipbuilding companies including STX Ship...
2009-04-23 09:28:23
Shipbreakers busy season
In India, at least 650 ships are headed for scrapyards this year, nearly double that in 2008, according to estimates by shipbuilders and ship-breaking yards. The declining demand for charter ships and the steep fall in freight rates has come as go...
2009-04-23 07:48:34
Vinashin under scrutiny
The Government Inspection Agency of Vietnam has announced it will inspect some fields of operation of the state-owned Ship Building Industry Group (Vinashin). According a decision signed by Vice Chief Government Inspector Nguyen Van San, an 11-member...
2009-04-23 07:39:57
MES chairman may be SAJ’s next chairman
Takao Motoyama (pictured, sitting), chairman of Mitsui Engineering & Shipbuilding (MES), has been provisionally selected to become the next chairman of the Shipbuilders' Association of Japan (SAJ). His appointment will be officially decided at SA...
2009-04-23 07:19:13
Nurturing manpower is top priority: SAJ's Tazaki
Masamoto Tazaki (pictured), chairman of the Shipbuilders' Association of Japan (SAJ), held his last regular press briefing on April 20, where he indicated that the top priority of the shipbuilding industry should be to foster human resources who will...
2009-04-23 07:04:20
Petrobras visits STX
On April 21st delegation of Brazil’s state-owned oil major Petrobras, which is planning to order massive offshore plants and the Brazilian Development Bank BNDES visited main business places of STX Business Group of South Korea. The delegation i...
2009-04-22 16:13:01
Warns of protectionism
Growing protectionism in reaction to the global economic crisis is one of the biggest threats facing the shipping industry, according to BW Group boss Helmut Sohmen (pictured). The economic crisis has seen huge declines in exports from Asia and t...
2009-04-22 07:26:17
Bangladesh scrapping rates soften
Demolition rates remained soft against a plentiful supply of tonnage and short capacity in key centres such as Bangladesh, where a question mark still hangs over the future of the industry. Last week, the Supreme Court of Bangladesh gave breakers ...
2009-04-22 07:20:27
Concern over hull and machinery incidents
Intertanko has expressed concern over the growing number of hull and machinery incidents on tankers caused by engine problems. “Since 2002 statistics do show more machinery incidents, this is of real concern,” Intertanko managing director Peter S...
2009-04-22 07:16:20
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