Tuesday, December 11, 2007

Hanjin adds capacity replacing two smaller ships with bigger newbuilds

Hanjin Shipping has named its two latest 6,500-TEU vessels, the Hanjin Mumbai and Hanjin Shenzhen, which were built at the Hyundai Heavy Industries yards in Ulsan, South Korea.

The vessels are the sixth and seventh containerships in a series of eight in the 6,500-TEU class currently being built by HHI. The two larger newbuilds are intended to replace the 5,500-TEU ships now on Hanjin's Far East Europe Express (FEX) service. The shipping line said "this supply of more vessel space from Asia to Europe service will contribute to stable transportation of cargo". The port rotation for the FEX service is: Xingang, Gwangyang, Busan, Yantian, Singapore, Hamburg, Rotterdam, Felixstowe, Singapore, Kaohsiung, returning to Xingang.
Read More

Nichols Brothers Resumes Work

Nichols Brothers Boat Builders returned to work after the company laid off 185 employees.

Shortly thereafter, the company filed for bankruptcy protection, a move necessitated by a big lawsuit filed by a disgruntled customer. While the bankruptcy issues are far from settled, Nichols Brothers was allowed to negotiate with individual boat owners to see that their projects, shut down on Nov. 2, could be completed. Those boat owners are now paying the workers’ salaries, as Nichols Brothers as a company is broke and is up for sale. The rehiring process will continue as more existing contracts are placed online though negotiations with individual companies. The 54 workers brought back Monday are working on two tugboats and one catamaran already started, and another catamaran that’s ready to start.
Read More

Hatteland Names Hawthorne as General Manager

Hatteland Display computers and panel computers has appointed David Hawthorne as General Manager of its American operations.

The appointment comes as Hatteland Display's global growth continues in the wake of the introduction of new Naval displays, upgraded Series 1 displays and the 2006 launch of the sophisticated Series 2 product family. David, who is based in San Diego, California, joined Hatteland Display on 23rd October 2007, from his position as Business Development Manager at L-3 Communications RCCS Division. Previous to this, he spent time as a Sales Manager for Barco and has a total of 15 years experience as an Electrical Engineer at major U.S. defense contractors including Loral and Lockheed Martin. These previous roles have given him vast experience in the military market that will be put to good use as the General Manager for Hatteland Display in the USA.

Read More