Month: September 2004

Eight years after its establishment, the Viet Nam Shipping Industry Corporation (Vinashin) has built up a good reputation in the shipping industry winning a great number of orders for specialised ships and…

Korea Metal Worker?s Federation has decided to expel the workers union of Hyundai Heavy Industries. A statement from KMWF said that HHI?s labour union has not supported KMWF?s guideline and the Federation…

The world?s three leading shipbuilders are reportedly about to secure multimillion-dollar orders to build 16 of the world's largest LNG carriers for Qatar. Daewoo Shipbuilding & Marine Engineering and a consortium formed…

Hyundai Heavy Industries delivered a crank-shaft for a Wartsila 12RT-flex96C engine to Diesel United in Japan. The crankshaft will be installed in an 8,100TEU container ship to be built by IHI Marine…

Korean shipbuilding industries will maintain its dominance until at least 2015 with a world market share of 40% according to Korea Institute For Industrial Economics & Trade (KIET) at the seminar held…

The NMRI (National Maritime Research Institute) in Japan has developed a radical new sail propulsion system for commercial ships. In recent tests based on route calculations for a bulker carriers equipped with…

Malaysian Merchant Marine (MMM) has entered into negotiations to form a joint venture (JV) with Iraqi Oil Tankers (IOTC) to operate as a bunker trading supplier in Umm Qasr in Basrah and…

"It is incumbent on responsible flag states to lead the way in sharing information about ship inspections, vessel standards, conditions onboard, casualties and the implementation of their own safety regimes," said Clay…

Shanghai Waigaoqiao Shipbuilding (SWS) in China has met its targets for the first half of this year which was to develop its shipbuilding capacity to 1.22 million DWT. Confronted with the rising…

Bill Thomson, chief executive of Scottish tanker owner Forth Tankers plc and chairman of the 50 million GT North of England P&I club, challenged the world's merchant shipping industry last week to…