BAE Systems has reached agreement in principle with HM Government on measures to enable the implementation of a restructuring of its UK naval ships business The agreement will result in: Restructuring of the contract for the Queen ...
Tags: Transportation, Service
Recession in the Chinese shipbuilding industry still continues. CSSC Jiangnan Heavy Industry Co., Ltd., (SHSE: 600072), a listed arm of China State Shipbuilding Corp. (CSSC), released financial for the third quarter of this year on ...
Tags: Transportation, Shipbuilding
China Oilfield Services October 30 signed three drilling platform building contracts with Dalian Shipbuilding Industry Offshore Co., Ltd. and China Merchants Heavy Industry (Shenzhen) Co., Ltd., which include the HYSY 982, the HYSY 943 and ...
Tags: Oilfield, Metallurgy, Mineral, Energy
100th offshore ship design from ULSTEIN Friday ULSTEIN's latest design contract for Vroon Offshore Services pushes the total number of offshore ship designs sold past the 100 mark. This milestone has been achieved in 14 years, with 74 of ...
Tags: ship, Transportation
Ocean Power Technologies and Mitsui Engineering & Shipbuilding announce agreement to commercialize PowerBuoys? Friday, Nov 01, 2013 Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or the "Company") and Mitsui Engineering & ...
Tags: Transportation, bike, Service
The Switch introduces new game-changing drive train technology to the shipbuilding sector. The Switch, a Finnish manufacturer of permanent magnet motors, generators and converters, announced today the launch of its next-generation drive ...
Tags: Transportation, Shipbuilding, logistics
The “Best Spanish Ship Built in 2012” award was granted to Zamakona Yards Wednesday, Oct 30, 2013 On Thursday October 24, the Association of Naval Architects and Marine Engineers in Spain (AINE ) handed over the award for Best ...
Tags: Transportation, Ship
Japanese steelmaker Kobe Steel Ltd (Kobe) has posted a net income of JPY 44.17 billion ($452.97 million) in the first half of the current fiscal year which began on April 1, 2013, compared to a net loss of JPY 38.20 billion in the ...
Tags: steel, Metallurgy, Mineral
Cargotec's MacGregor wins a EUR 37 million order for 45 electric winches from Hyundai Samho Heavy Industries Thursday, Oct 24, 2013 Cargotec's MacGregor has won an order worth approximately EUR 37 million for 45 electric winches from ...
Tags: Transportation, Service, Heavy Industries
Investment in Fixed Assets for January to September 2013 National Bureau of Statistics of China 2013-10-21 08:16:16 From January to September 2013, the investment in fixed assets (excluding rural households) reached 30,920.8 billion yuan, ...
Tags: economy
Industrial Production Operation in September 2013 National Bureau of Statistics of China In September 2013, the total value added of the industrial enterprises above designated size was up by 10.2 percent year-on-year (the following ...
The marine industry s leading solutions and services provider, has launched its new Bio Seal Ring product for maritime stern tube seal applications. The W?rtsil? Bio Seal Ring is the first seal on the market that works with ...
Tags: Long Life Seal Ring, Seal Ring
On October 15, the Chinese government announced on its website that China is to focus on restructuring the iron and steel industry in the provinces of Shandong, Hebei, and Liaoning, and in certain other provinces. Accordingly, concentrating ...
Tags: Metallurgy, Mineral, Energy, Restructure Steel
Laser welding technology is increasingly being utilized in several industrial processes ranging from the production of micro electronics to shipbuilding. However, amongst various applications, the technology has gained considerable ...
Tags: Laser Welding, Automotive Industry
Dual-fuel engines and propulsion systems chosen for two Chinese LNG carrier vessels Wednesday This latest order further strengthens Wärtsilä's leading position as a supplier of engines for LNG carriers. Since the first ...
Tags: Transportation, Service