General
Hanjin Heavy in Manila Senate probe
Senator Pia Cayetano has asked the Senate labour committee to investigate the Korean shipbuilder Hanjin Heavy, the Subic Bay Metropolitan Authority and the labour department for the deaths of Filipino workers at the shipyard inside the Subic Bay Free...
2008-12-01 07:01:24
Sinopacific reassures clients on ship orders
Sinopacific Shipbuilding, one of China's biggest private shipbuilders, has convened an emergency meeting next week in Hamburg with its western customers to assure them that it can deliver ordered vessels. The Shanghai-based company, which employs ...
2008-12-01 06:56:05
Shipbuilders tap into alternative energy sector
With a sense of crisis engulfing South Korea's once bustling shipyards, the country's major shipbuilders are now looking at diversifying their business by advancing into the alternative energy sector. The idea is that a move to find a new growth e...
2008-11-28 07:09:31
Another worker killed at Hanjin facility in Subic
Another worker at the shipyard of Hanjin Heavy Industries Corporation-Philippines (HHIC-Phil) was killed on Wednesday after a duct weighing 250 kilograms fell on him as he was unshackling it for painting work. This is the 17th shipbuilding and con...
2008-11-28 07:00:31
Signal International ready to repair Thunder Hawk
Signal International announced that SBM-Atlantia’s Thunder Hawk, a semi- submersible, floating production unit (FPU), is currently drydocked at the company’s Port Arthur Texas facility for hull repairs. The huge structure arrived at Port Arthur a...
2008-11-27 10:22:29
Ship recycling industry poised for boom in times of recessio
The Ship-breaking industry in Gujarat foresees sunny days ahead, provided banks fund ship-breakers to acquire the large number of old ships that are being offered for demolition worldwide, a member of the industry said here. Such a move during the cu...
2008-11-27 09:58:55
Chinese shipbuilders go ahead for IPO
Despite the current gloom, several Chinese shipbuilders have announced plans for an initial public offering (IPO) or are pressing ahead with floating their shares. Among them is Zhoushan-based Yang Fan Group, which is targeting a listing in the first...
2008-11-25 09:13:14
Hanjin Heavy not pulling out of Mindanao
The provincial government in the southern Philippine island of Mindanao and the Phividec Industrial Authority have dismissed reports of an alleged decision by South Korea’s Hanjin Heavy Industries & Construction to pull out of its commitment to bui...
2008-11-25 06:36:18
Poland to present new bill on shipyards
Poland will present a new bill this month aimed at saving its three shipyards from bankruptcy in line with European Union guidelines, a deputy treasury minister said on Tuesday. Warsaw has been at loggerheads with Brussels over state aid to shipyards...
2008-11-24 15:26:07
Samsung seeks to wind power business
Samsung Heavy Industries, the world's second-largest shipbuilder, is preparing to launch a wind power business in an effort to diversify its portfolio, industry sources said Friday. According to the sources, Samsung Heavy, whose business interests...
2008-11-24 05:50:07
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