Shipbuilding
No orders for HHI: 4 months in a row
Even the world's largest shipyard continues to have no newbuilding order receipts. South Korean shipbuilder Hyundai Heavy Industries (HHI) successfully booked orders for marine engines and offshore equipment in January 2009, but failed to win orders ...
2009-03-04 07:26:59
USC hopes to integrate with IHIMU
Shinjiro Mishima, president of Universal Shipbuilding Corp. (USC), told the press on March 2 that integration with IHI Marine United Inc. (IHIMU) undoubtedly has merits and he hopes an agreement will be reached, stressing his forward-looking stance t...
2009-03-04 07:21:30
Last big ship from Lindo?
On Saturday, February 28, 2009 the Maersk Group's Odense Steel Shipyard named its latest newbuilding, MATHILDE MAERSK, a 7,000 TEU containership for the A.P. Moller - Maersk Group. MATHILDE MAERSK is the last ship in a series of six -- and could w...
2009-03-04 07:05:41
OSG trims Bender ATB order
Reporting results for the fourth quarter ended December 31, 2008 that saw a net loss of $53.5 million, OSG America L.P. revealed that its ATB newbuild program at Bender is being reduced from six units to two. "During the fourth quarter of 2008 and in...
2009-03-04 07:03:23
Cochin launches small ship division
The newly commissioned small ship division (SSD) of India’s government-owned Cochin Shipyard Ltd. (CSL) expects to generate annual revenues of Rs5bn ($99m). The revenue will allow the yard to take on the concurrent construction of commercial sh...
2009-03-04 06:59:18
Small US shipyards queue up for aid
Small shipyards in the US have been asked to queue up for their share of stimulus cash pledged by President Barack Obama. The US Maritime Administration has been authorised to disburse $100m in 2009, under the Small Shipyards Grant Programme fund...
2009-03-04 06:50:50
Russian-UK bilateral shipbuilding talks
With major changes underway in the Russian shipbuilding industry, where up to 1400 vessels and offshore platforms are to be built by 2020, its leaders are planning a visit to the UK. Mr Vladimir Alexandrov, Director General of the Admiralty Shipyard...
2009-03-04 06:37:04
Samsung expanding China base
South Korea’s Samsung Heavy Industries (SHI) is expanding its ship-block construction base in China. In late February, the shipbuilder met with local shipyard design technician team in China and finalized the “Phase 3” ship block factory co...
2009-03-04 05:57:41
Vietnam’s shipyards: Surviving the global downturn
Reducing production delays and ensuring quality are seen as key Vietnamese shipbuilding has attracted a lot of attention over the last few years for taking advantage of the tight capacity in major shipbuilding nations and breaking into the interna...
2009-03-03 13:15:39
Chinese yield to owners’ requests: Delivery delay
Chinese shipyards will have little chance to fill empty slots after agreeing to delay deliveries, brokers have said. Last week, it was reported that delivery renegotiations with South Korean shipyards were being hampered by the weakness of the won...
2009-03-03 13:04:03
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