February 21, 2008

Tokyo: Mitsubishi Heavy Industries (MHI) has announced that the 1,200-ton goliath crane introduced to the Koyagi Plant of its Nagasaki Shipyard went into full-swing operation this week. ... [full story]

Singapore: COSCO Shipyard Group's main shareholder, Cosco Corp, will buy foreign shiprepair yards as China is getting too expensive. CSG itself has become a major shipbuilder ... [full story]

Hanoi: One of the world's fastest growing shipbuilding nations is not producing nearly enough yard workers to keep up with its meteoric growth. Vietnam annually completes training ... [full story]

Mumbai: Finnish marine architecture and design software group Napa has strengthen its presence in India through the establishment of a subsidiary company, Napa Software Services ... [full story]

Singapore: Today's insurance renewal premiums may rise by up to 30% for 2008, pushed up by increasing losses from navigational accident within the shipping ... [full story]

Singapore: With more mega merger speculation doing the rounds in Singapore at the prospect of NOL joining forces with Hapag-Lloyd, we look back at the ... [full story]

Seoul: The STX Group of South Korea continues to try and fill every role in the shipping spectrum. Its shipping line STX Pan Ocean has announced that ... [full story]

Dubai: Phase one development of the Shahid Rajaie Container Terminal (SRCT) project in Bandar Abbas, with a handling capacity of some 1.5 million teu, will open tomorrow. ... [full story]