Tag: korea
Coming soon the new era of shipyard
by ash on Feb.05, 2010, under Business & Industry
“Samsung to build green shipyard ”
Samsung Heavy Industries, Korea, held a ceremony to launch its green management programme on January 28. As part of the project, Samsung announced that it launch a “green shipyard”.
Worth US$434 million and to be ready by 2015, this specialised shipyard will develop environmentally-friendly vessels.
“The green growth paradigm is emerging due to global warming and companies are required to take action and responsibility for the cause,” Samsung President Noh In-sik was quoted as saying by Asiasis.
“Keeping pace with the demands of the new era, we will promote growth based on green management in a bid to become a socially responsible company.”
A green management committee with a representative director will also be chosen to head the new shipyard.
The shipyard will aim to develop new technologies to enhance energy efficiency while decreasing green house gas emissions by 30 percent.
China and Korea fight for top spot
by ash on Jan.28, 2010, under Business & Industry
“China and Korea fight for top spot”
Chinese shipbuilders beat Korea for the first time in Chinese shipbuilding history in terms of volume of shipbuilding orders placed in 2009.
London-based researcher Clarkson stated that Chinese yards won 44.4 percent compared with 40.1 percent of orders placed at Korean yards.
Analysts are however, quick to point out that though China was contracted to build 53.2 million CGT compared with Korea’s 52.8 million CGT in 2009, South Korea still had seven shipyards listed among the world’s top ten shipbuilders.
The main thing that draws ship owners to Chinese yards is the price. According to the China Research Institute of Shipbuilding, the value of orders placed at yards in Korea in 2009 was over US$9 billion, roughly double that of China.
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