Author: Importer

ABB Ltd., the world's biggest maker of power transformers, will spend $100 million in China to open factories and hire as many as 4,000 employees in three years. The company will use…

South Korea's steel giant POSCO has set up its Indian subsidiary to build a 12 million tonne steel plant in Orissa. The company had signed a deal with the Orissa government for…

A contract to guarantee advance-money for the building of six cargo ships for export to Britain was signed between the Viet Nam Shipbuilding Industry Corporation (Vinashin) and the Bank for Investment and…

The Philippine government initiative in 2004 to link the islands of the country through a system of roro shipping, known as the Strong Republic Nautical Highway System, has given local shipbuilders a…

Northwestern Shiprepairers and Shipbuilders has offered £6m to buy the dry docks at the centre of its dispute with landlord Reddington Finance. News of the offer comes as the shipyard group prepares…

A $90 million investment in Western Australia's shipbuilding facilities could generate billions of dollars for the state economy. The funding boost for the Australian Marine Complex (AMC) at Henderson, in southern Perth,…

Shipbuilding on the Clyde has been secured for 20 years thanks to a massive investment in new jobs and training for the next generation of workers. BAE Systems, which will spend £18.5…

Following the recent announcement of Austal being awarded six 16 metre aluminium monohull boats for the Water Police in the Australian state of New South Wales, the same design has found favour…

Daewoo Shipbuilding is rumoured to be building two dry docks in Yantai, China. The plan is to construct a 1 million DWT dry dock and a 300,000DWT dry dock in Yantai, Shandong…

Qatar Gas Transport Co. (QGTC) has enlisted international shipbuilders to construct six to eight LNG carriers at a cost of about $230 million each. QGTC expects to lease each vessel to deliver…