Author: Importer

The second part of Wärtsilä's business analysis, started last autumn, has now been finalized. In addition to reductions in capacity already decided, the company also plans to discontinue engine manufacturing at its…

Hyundai Samho Shipyard in Korea secured an order for two 8,200TEU box ships from two ship owners, one of whom is Fortythird Dragon Shipping Inc in Liberia, at a total price of…

Last year Doosan Heavy Industries produced about 140 crankshafts, up 37% compared with 2002. This put the Korean casting & forging company in third place world-wide since it first started to manufacture…

Hanjin Shipping placed on order for five 6,500 TEU container vessels with Hyundai Heavy Industries. The 304 metre long 79,500 DWT newbuildings will be powered by a 68,332 kW diesel engine giving…

Chinese shipbuilders completed 6 million DWT ships last year, up 46% compared to 2002. China State Shipbuilding Corporation (CSSC) completed 2.17 million DWT last year and won new orders totaling 8.7 million,…

Hyundai Heavy Industries will build a 105,000DWT tanker on land this year, the first time this has been done in the history of shipbuilding. HHI has surprised many of its competing shipyards…

ABB has signed a contract with the Chinese shipbuilder Jiangnan Shipyard to supply the electric power plants and Compact Azipod propulsion systems for a survey vessel being built for the State Oceanic…

ABB signed a contract with Kvaerner Masa-Yards to supply the Azipod propulsion system and the electric power plant for the Sakhalin icebreaker newbuilding project. The vessel has an overall length of 100…