Month: May 2009

Samsung Heavy Industies is part of the Atlantico Sul (AS) consortium which last week received news it is to receive Reais 542m ($248m) from the Brazilian National Development Bank (BNDES) to build…

Norway?s Ulstein Verft recently launched a new Ulstein SX121 construction vessel on April 29. ?Sarah? has been in the dockyard since the middle of January 2009 and was built for Marine Subsea,…

The new IMO convention for "Safe and Environmentally Sound Recycling of Ships" aims to prevent hazardous working conditions and to ensure environmental protection during ship recycling operations. Expected to come into force…

It?s not the owners? fault, it?s the yards who are to blame for the likely prolonged downturn in shipping said Arthur Bowring, md of the Hong Kong Shipowners Association. Speaking at the…

The New York City Department of Environmental Protection, Bureau of Engineering Design and Construction (BEDC) has released invitation to submit sealed bids for the construction of three identical 140,000 cu. ft. self-propelled…

The South Korean government has decided to inject 9.5 trillion won to large shipbuilding companies and mid-sized subsidiaries of shipyards to help them complete construction of vessels. The latest move stemmed from…

Dutch shipyard IHC Merwede in Kinderdijk recently launched Van Oord?s latest trailing suction hopper dredger ?Vox Maxima?. With a hopper capacity of 31,000 cubic metres, ?Vox Maxima? is the largest dredging vessel…

Century Shipyard is reportedly planning to build a second shipbuilding facility in Kerala on the south-west coast of India, at an investment of between $70m and $75m.The greenfield yard will construct offshore…

The survival of embattled Chilean shipping group CSAV could rest with South Korean shipbuilder Samsung Heavy Industries after German owners attending crisis talks in Hamburg last month attached conditions to a rescue…

Market sources say the Beijing-based China Cosco Holdings has cancelled at least five of the 23 ships of 57,000 dwt on order at subsidiary Cosco Shipyard Group (CSG). A source adds that…