General
Hyundai, ‘Best Employer in Korea 2009’
South Korea’s Hyundai Heavy Industries (HHI), the world’s number one shipbuilder, has been selected as one of the ‘Best Employers in Korea 2009’ by Hewitt Associates of the US. According to HHI on March 25th, the US personnel management co...
2009-03-25 12:05:22
Marfin scorns rumours of Greek shipyard interest
Acquistive Marfin Investment Group (MIG) has ruled itself out as a potential suitor for Hellenic Shipyards. Hellenic is at the centre of a dispute between German owners ThyssenKrupp, the steel and shipbuilding giant, and the Greek state. Reports in ...
2009-03-25 07:22:09
Keppel Cebu yard withdraws from repairs
Keppel Offshore & Marine Ltd., a major Singaporean ship repairer, plans to withdraw from repair operations at its Cebu yard in the Philippines, according to foreign press reports. It appears that Keppel has judged demand-supply for ship repairs i...
2009-03-24 13:26:51
Scrap shock: Breakers crisis
Scrap prices have softened as shockwaves hit the demolition industry following the shutting down of all Bangladesh’s breakers yards. Two sales in Bangladesh were reported, but these could be the last for some time, after the government gave yard...
2009-03-24 07:36:35
Liberia registers 3,000th vessel
The Liberian Registry has passed a major milestone by registering its 3,000th vessel, the 105,400 dwt aframax tanker Ise Princess, built this year for Fairsea Enterprises SA and managed and operated by Tsakos Shipping & Trading SA of Greece. Scott...
2009-03-24 07:15:32
Breakers given three-week reprieve
Bangladeshi ship recyclers have been given a three-week reprieve from a High Court ruling, which last week ordered the closure of all shipbreaking yards without environmental clearance within two weeks. Local media reported that the Bangladesh Sh...
2009-03-24 07:04:49
Save shipbreaking, cry jobless workers
Thousands of workers of different ship-breaking yards yesterday formed a human chain on the Dhaka-Chittagong highway in Sitakunda demanding steps to save the sector now in limbo. They sought the prime minister's immediate intervention saying 30,000 w...
2009-03-24 06:56:02
Asan memorial hall opened
Hyundai Heavy Industries announced on March 23rd that it has opened the “Asan memorial hall” at its main office in Ulsan city, South Korea to pay a tribute to the memory of Chung Ju-yung, the founder of the Hyundai group. Last Saturday (March ...
2009-03-23 14:40:43
Work starts on enforcing newbuild emissions standards
New efficiency standards for newbuildings intended to reduce shipping's greenhouse-gas emissions have been agreed but regulators are now turning their attention to just how it will be enforced. The technical details behind the new Energy Efficiency D...
2009-03-23 07:34:16
2010 start for giant Nakilat yard complex
Qatar's new giant shiprepair and conversion yard at Ras Laffan will be ready to take in its first vessels from early next year. Stephen May, director of facilities development for Qatar Gas Transport Co (QGTC, or Nakilat), says the first two phase...
2009-03-23 07:27:22
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