General
20% of tankers will not be delivered
A fifth of tankers scheduled to enter the fleet this year will not be delivered, according to London broker Simpson Spence & Young. Of the 50 vessels on order, representing 56m dwt, which are due to enter service in 2009, only 45.2m dwt will actua...
2009-03-30 06:24:54
‘STX Offshore & Shipbuilding’ confirmed
STX Shipbuilding of South Korea held a general meeting of stockholders and a board meeting on March 27th and elected STX Shipbuilding president Kim Gang-soo (pictured right) as a representative director. Also, the shipbuilder has changed its name ...
2009-03-27 15:04:42
Only 2 Orders
Korean shipbuilders received only two orders in February. Global shipbuilding industry researcher Clarkson said Wednesday only seven shipbuilding contracts were made worldwide last month, with Korea receiving two orders, China four, and Europe on...
2009-03-27 08:50:49
Shipyard worker killed by an explosion
An explosion at an Indonesian shipyard has killed one worker. The man died at an unnamed Kuala Baram yard on Wednesday evening. The cause has not been officially established. But local sources told the Bernama news agency that the victim was Sadin...
2009-03-27 07:38:11
Camillo Eitzen: Ship shifters
Camillo Eitzen is pulling vessels from its ship management arm Eitzen Maritime Services and handing them over to third party rivals in a bid to cut costs. CEO Peter Knudsen says three units have already been transferred to V.Ships in Cyprus and ta...
2009-03-26 07:30:20
Korean resume while Japan quiet
South Korean builders have resumed their marketing activities for newbuildings, but Japanese yards are not dropping their wait-and-see stance. Shipyards in South Korea have been targeting order receipts in order to fill their empty slipways for s...
2009-03-26 07:18:58
LR opens $8m surveyor training facility in Shanghai
Lloyd’s Register Asia Wednesday opened its first dedicated marine surveyor training centre in Shanghai. The Maritime Surveyor Training Institute (MSTI) represents more than an US$8 million investment for the organisation in the first five years ...
2009-03-26 07:14:10
IMO emissions plan under fire
Energy efficiency index that could set limits for carbon dioxide is condemned as too complex The International Maritime Organization’s formula for determining the efficiency of a ship, and thus the carbon dioxide it emits, is in danger of becomi...
2009-03-26 07:11:38
STX yet to decide on Russian yard project
South Korea’s STX Group said that news reports of its involvement in a $1bn shipyard project in Russia’s Far East are premature. News reports had said that STX would participate in a shipyard project in Primorsk which is being led by Russian ...
2009-03-26 07:05:41
20,000 workers strike in Alang, India
Nearly 20,000 workers have gone on an indefinite strike in Alang, India’s premier shipbreaking centre, to protest the reduction in their wages. The global economic slump and downturn in the shipping industry has flooded Alang with ships with over 1...
2009-03-25 14:38:32
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