Shipbuilding
Bangladeshi boom in shipbuilding
Bangladesh’s corporations are concentrating their energies on shipbuilding sector and compatriot leading shipbuilder Western Marine Group is looking to develop skilled work force for shipbuilding industry. Six Bangladeshi business groups will in...
2008-10-13 11:54:11
Nippon Steel’s affirmative view on POSCO
Akio Mimura, President of Nippon Steel, who represents Japanese steel industry, insisted on his conservative management by saying “Unlike POSCO, Nippon Steel’s cashflow problem disables us entering into other business sectors.” regarding the PO...
2008-10-13 11:25:12
SLS on-land berth construction proves successful
Medium-sized tanker specialist SLS Shipbuilding of South Korea succeeded in launching one 40,000-dwt product / chemical tanker, built on land, by skid way method on October 11. In January, SLS successfully launched a 49,700-dwt tanker constructed ...
2008-10-13 10:36:39
Additional reliquefactions on BG-LNG ship
It is decided to install an additional on-board reliquefaction on four LNG ships ordered by BG Group and being constructed. These new on-board plants are known to be the Mark-III type LNG ships which loaded the 170,000-cbm DFDE (Dual Fuel Diesel E...
2008-10-13 09:26:45
Samsung to branch out into conros
Samsung Heavy Industries (SHI) is said to be diversifying its vessel portfolio. According to foreign media reports, the South Korean shipbuilder, for the first time, has received an order for four container/ro-ro (conro) newbuildings from an Ital...
2008-10-13 06:39:30
Hanjin’s entry in panamax bulker
Hanjin Heavy Industries & Construction appears to have won an order for two panamax bulk carriers (80,000-dwt class). Shipowner of the vessels is said to be Irano-Hind Shipping, a joint-venture company between Islamic Republic of Iran Shipping Li...
2008-10-13 06:34:16
Kobe Steel’s new steel plate adopted by IHIMU
Kobe Steel announced on Oct 8, its newly-developed 47kg high impact steel plate is adopted by IHI Marine United (IHIMU) in its large containership building. Two types of steel plate were introduced, one of which does not contain special chemical e...
2008-10-10 18:11:01
China’s GSI received order for 6 MR-type P/C
China’s Guangzhou Shipyard International (GSI) announced, it received order for six 52,300dwt MR-type P/Cs from A/S Dampskibsselskabet Torm, Danish shipping company. The vessels’ delivery date is known to be between 2011 and 2012 and the price...
2008-10-10 11:56:03
SEKO secured Refund Guarantee
SEKO Heavy Industry of South Korea is said to have provided a refund guarantee (R/G) on October 8 for the four 34K bulk carriers with options for two more ordered by MPC Steamship of Germany in early May. SEKO HI was established through the acquis...
2008-10-10 06:48:55
Shipbuilding industry showing signs of change
Analysts expect the economic slump and dropping raw material prices will lead to bearish stock prices in shipbuilding sector. Freight rates are plummeting due to the reduced commercial traffic. Conditions for newbuilding order are getting worse. ...
2008-10-09 15:07:11
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