General
BG Group in sale-and-leaseback deal
UK gas producer BG Group is close to wrapping up sale-and-leaseback deal. According to the foreign press, MISC Bhd, Sovcomflot and GasLog are believed to have been shortlisted by UK gas producer BG Group plc for a vessel sale-and-leaseback scheme....
2008-08-29 15:06:48
A Bulgarian yard to employ Vietnamese welders
Bulgaria’s Rousse Shipyard JSC will be provided with additional 70 shipyard welders from Vietnam. Ivan Petkov, an official at the yard, said the Bulgarian yard already has 30 Vietnamese workers on year-long work visa. He said that the new wor...
2008-08-29 09:56:50
We came to learn world-class shipbuilding technology
University students with blue eyes have participated in South Korea’s Samsung Heavy Industries’ (SHI) internship program at its Geoje shipyard. The five students are in the Naval Architecture and Marine Engineering department at the University...
2008-08-28 10:43:33
Shipbuilding and marine enterprises in Ulsan may move out of...
South Korea’s Ulsan city has been suffering from lack of sites for factories. But new large-scale national industrial complexes will be constructed sooner or later in other places around it. So, Ulsan is worrying that enterprises in the city may mo...
2008-08-28 10:38:12
Blue ocean, India’s shipbuilding market
“The one who seizes upon the opportunities in India will dominate the global shipbuilding industry.” Shipbuilding market, which has been centering around South Korea and Japan, is rapidly expanding its base to India, China, Brazil and Russia (...
2008-08-27 14:07:03
Medium & Small shipbuilder’s mounting financial burden
Even though Korean medium & small shipbuilders see their workloads piling up, they have a hard time raising funds from financial institutions. As loans which were supposed to be extended by financial institution, get delayed, a final touch of faci...
2008-08-26 10:25:43
South Korean shipbuilding industry to resume receiving order...
South Korean shipbuilding market, after summer vacation, has turned brisk again since last week. NH Investment & Securities (NHIS, South Korea) said that after the summer vacations of shipowners and shipbuilders, South Korean newbuilding market b...
2008-08-26 09:55:45
Chinese shipbuilding industry’s delivery delay
Chinese shipbuilding industry which is on a rapid growth path with a large volume of order intake and facility expansion, seems to have a hard time in making deliveries on time, significantly tarring China’s image. According to industry sources,...
2008-08-25 10:33:56
Universal to specialize the ship types of its yards respecti...
Japan’s Universal Shipbuilding is planning to specialize its shipyards amid a rapid change of business environment in shipbuilding industry. Ariake Shipyard will specialize in large-scale tankers while Tsu Shipyard will mainly construct bulkers....
2008-08-25 10:09:55
Masan city to rear shipbuilding and LNG industries
Masan city in South Gyeongsang Province, South Korea (mayor: Hwang Chul-Gon) on 21 entered into an agreement with Gyeongnam Marine Equipment Association (chief director: Lee Su-Tae) and Kyungnam Energy Co., LTD (president, CEO: Chung Yeun-Wook) to fo...
2008-08-25 09:46:39
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