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Shipbuilding
Ice-breaking Araon on trial voyage
South Korea’s first ice-breaking research vessel Araon had its maiden voyage on August 13th after it was launched on June 11th at Hanjin Heavy Industries & Construction’s Youngdo Shipyard. The 6,950-ton class vessel will go through a five-week...
2009-08-13 13:46:23
Strategic expansion in Singapore
Strategic Marine, the Australian offshore shipbuilder, has acquired the lease of its shipyard in Singapore. The shipyard, which is located in the Tuas industrial zone in the western part of Singapore, is currently building a series of four crew bo...
2009-08-13 07:47:00
Russian upgrades
Major modernization work at Yantar Shipyard in Russia is set to begin next month. The Kaliningrad yard is spending RUB 18bn ($552.42m) to become one of the most up to date in Europe, boss Igor Orlov said. Yantar, majority controlled by United Ship...
2009-08-13 07:38:18
MES studying Hybrid-ship
Japan’s Mitsui Engineering & Shipbuilding (MES) will kick off research on the hybrid propulsion system, which combines a battery unit into the diesel engine, this October jointly with Osaka University. In light of the projected reinforcement of the...
2009-08-13 07:33:11
21st Century signs 4 chemicals
21st Century Shipbuilding of South Korea said Wednesday it has signed a letter of intent with an Asian leading oil exploration/development and chemical product transport company to build four 20,000-dwt stainless steel chemical tankers at the end of ...
2009-08-13 06:43:33
Newbuild delays hit 28% at Indian yards
More than 69 newbuilding vessels are delayed at Indian shipyards, equating to nearly 28% of the country’s entire orderbook. According to London-based Drewry Shipping Consultants these include six bulk carriers, 10 dry cargoships, patrol vessels ...
2009-08-12 12:28:20
Yangzijiang in optimistic outlook
Analysts are upbeat about prospects for Yangzijiang Shipbuilding after it reported fewer newbuilding delivery delays by customers than had been expected. DBS Vickers Securities has upgraded Singapore-listed Yangzijiang’s stock to ‘buy’, whi...
2009-08-12 07:00:32
Rongsheng invests 2.4bn RMB
Chinese private shipbuilder Jiangsu Rongsheng Heavy Industries is set to invest up to Yuan2.4bn ($352m) to build an offshore parts yard and ship design institute in Nantong. Jiangsu Rongsheng president Chen Qiang said the facilities would provide...
2009-08-12 06:57:01
Pacific Basin confident over ro-ro orders
Delivery of six ro-ro newbuildings to Pacific Basin Shipping from Denmark’s Odense Steel Shipyard is unlikely to be affected by the shipbuilder’s decision to close once the current orderbook has been completed. Chief executive Richard Hext co...
2009-08-12 06:52:27
MHI incorporates ship design workforce
Japan’s Mitsubishi Heavy Industries announced that it will establish Ship & Offshore Technology Department and Ship & Offshore Production Design Department under its Ship & Offshore Division as of October 1st this year. In a bid to strengthen its n...
2009-08-11 14:27:28
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