Shipbuilding
Fincantieri is latest victim
Italian state shipbuilder Fincantieri has become the latest victim of the economic downturn. Fincantieri has acknowledged in contract talks with the three metalworkers’ unions that it has lost a major superyacht order and received requests from ...
2008-11-21 06:36:58
Jiangsu East Heavy Industry delivers its largest double hull...
On October 31, Jiangsu East Heavy Industry (JES) delivered an 80300dwt double-hull bulk carrier. It was reported that this is the largest double-hull bulk carrier built by JES. This ship has length of 229m, width of 32.26m, depth of 20.25m, 11,060kw ...
2008-11-20 15:12:19
Oversupply of LNG carrier tonnage will be resolved in 2013
Oversupply of LNG carrier tonnage is expected to last until 2013. According to the Japanese operator MOL’s report, it forecasted that LNG fleet will be increased to the maximum number of 370 in 2013, and 56 units are scheduled to be delivered wi...
2008-11-20 10:49:02
Tuzla shipyard workers now face unemployment
Workers at the Tuzla shipyards, which have become infamous for frequent work-related accidents in recent months, now face the risk of unemployment as a result of the ongoing global financial turmoil. According to a news report from the Radikal da...
2008-11-20 09:58:17
DSME cuts steel for second Odfjell semi submersible
Daewoo Shipbuilding & Marine Engineering (DSME) has cut steel on a second semi submersible for Odfjell Invest. The deepwater drilling unit will be named Deepsea Stavanger and is a repeat of DSME's first semi, Deepsea Atlantic, for Odfjell. The GVA...
2008-11-20 09:52:47
Japanese shipbuilding orders sink 80% in October
The global economic turmoil has dampened investment enthusiasm at shipping companies, resulting in an 80 per cent year-over-year plunge in October shipbuilding orders in Japan, according to industry data released Tuesday. Speaking at a news conferenc...
2008-11-20 09:39:35
MAN Diesel expands its biz in China
In thriving Chinese shipbuilding industry, MAN Diesel is a leader in large marine diesel engine market. MAN Group’s compressor and turbine show a high growth rate in the sales in China every year. In recent years, the Man AG has been continuously e...
2008-11-20 06:55:42
High fuel prices call for new ship designs
Naval architects need to return to the drawing board and produce fundamental ship design changes in keeping with far higher fuel costs. That is the recommendation of Germanischer Lloyd, which said much can be done to improve operating efficiency....
2008-11-20 06:47:51
S&M-sized shipbuilders feel victimized with restructuring
South Korean banking industry is poised to restructure small- and medium-sized shipbuilders facing financial difficulties but the shipbuilders feel uncomfortable with the move. Banking firms are blaming the problems shipyards are experiencing upon th...
2008-11-19 13:57:12
Hebei Province builds three big bases for shipbuilding and s...
In the document issued by Hebei provincial government, it was required to build three bases for shipbuilding and ship repair, five ship-related industrial areas, and a ship technology research design center by 2015 to speed up the development of ship...
2008-11-19 09:14:53
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