Month: July 2004

Management and labour union at Hyundai Heavy Industries tentatively agreed a wage hike and other working condition, the shipbuilder announced today. Both sides agreed to increase basic wage of W 83,000, a…

Kvaerner Philadelphia Shipyard (KPS) will be christening its second newbuilding later this week. The boxship is being built for Matson Navigation and will be named Maunawili, which means ?winding mountain?. Last summer,…

The Korea Development Bank has disclosed that the current technical level of China falls behind that of Korea by 3.8 years and that of Japan is ahead that of Korea by 2.2…

Daihatsu has launched the DC-32, a new medium speed engine, with a strong environmental bias based on improved fuel efficiency and lower emissions levels. The new engine was developed around the same…

First American Scientific Corp. (FASC) has signed an agreement with Mitsui Engineering and Shipbuilding (MES). The Japanese shipbuilder will conduct a feasibility study into the marketability of the KDS Micronex System in…

At least 60% of ports in the Philippines currently handling various international vessels have properly complied with the international ship and port facility security (ISPS) code which was enforced beginning last July…

The holed bulk carrier Cape Africa was towed into Cape Town harbour yesterday to be berthed at the repair quay. This follows the completion of the bulk carrier?s cargo lightening operation with…

China State Ship-building Corp (CSSC) is planning to spend $1.2 billion on the first phase to build the world?s largest shipyard on the island of Changxing in the Yangtze River off Shanghai.…