Shipbuilding
Two more month delay for Fairstar’s heavylift vessel
Labour issues at Malta Shipyards will delay the arrival of Fairstar’s latest heavylift vessel by up to two more months. Oslo-listed Fairstar, which posted at NOK 7.76m ($1.24m) loss in 2008, says the 13,776-dwt Fjell (built 2001) will now be del...
2009-02-17 07:54:58
Polsteam cancels shipbuilding order
Polish Steamship (Polsteam) has scrapped its order for two 3,000-lane-metre ro-paxes at the domestic Szczecin shipyard. The vessels were due for delivery to Polsteam’s subsidiary Unity Line in 2010 and 2011, but Unity chief Piotr Waszczenko told...
2009-02-17 07:45:22
3. Maj wins tanker order
Croatia’s 3. Maj shipyard has clinched a vital tanker order from domestic owner Uljanik Plovidba. The loss-making yard signed contracts for two 51,800-dwt ships on Saturday at a combined cost of $106.3m for delivery in 2010 and 2011. The governm...
2009-02-17 07:16:09
Facility investment to be halved
Shipbuilding related enterprises’ investment in facilities in 2009 is expected to decrease greatly in South Korea. The Korea Chamber of Commerce & Industry (KCCI), upon recent investigation of some 1,000 companies on ‘2009 facility investment ...
2009-02-17 06:37:53
Bangladesh: Shipbuilding likely to get 5-yr tax holiday faci...
The government is set to declare a five-year tax-holiday benefit for the booming shipbuilding industry to transform the labour intensive sector into a major export earner, officials said Saturday. "We've decided in principle that the emerging shi...
2009-02-16 10:56:40
Tsuneishi to expand Cebu plant
Japanese shipbuilder Tsuneishi Heavy Industries (Cebu), Inc. will be spending P11 billion to expand its local facilities at its West Cebu Industrial Park in Balamban, Cebu. The expansion, which requires an additional 90 hectares of land, will also em...
2009-02-16 10:14:27
Hanoi follows Beijing: Stimulus package for shipbuilding
Priority would be given to the ship building industry - a key sector in the country's modernisation and industrialisation programme, said Prime Minister Nguyen Tan Dung. The PM was speaking at a meeting with Vietnam Ship Building Industry Group (V...
2009-02-16 07:12:09
Europe yards face collapse
Europe’s yards and marine equipment industries face being wiped out if credit markets do not ease “soon,” the European Commission has warned. The large capital requirements of the shipbuilding industry and the lack of affordable finance hav...
2009-02-16 06:54:58
Yards turn down boxship owners
South Korean shipyards are refusing to bow to pressure from hardpressed containership owners to cancel orders or reduce prices, and are only very reluctantly agreeing to postpone some deliveries. That is the message emerging after several weeks o...
2009-02-16 06:50:36
Korea looks overseas to sell DSME
THE South Korean government is looking to sell its stakes in various industries including Daewoo Shipbuilding and Marine Engineering to overseas sovereign wealth funds. Following the collapse of Hanwha Group’s bid for the country’s third lar...
2009-02-14 16:05:19
Start  Prev  1431  1432  1433  1434  1435  1436  1437  1438  1439  1440  Next  End