Nippon Steel to Spend $170m on New Capacity

Wednesday, July 25, 2007
Reuters reported that Nippon Steel Corp. that it would spend $170m to boost production capacity for high-grade shipbuilding plate at its Oita plant in western Japan by 600,000 tonnes a year. It would be the biggest investment in shipbuilding plates in 30 years for the world's second-biggest steel maker since it installed a shipbuilding plate line at the plant in 1977.

The capacity increase is aimed to cope with higher demand for steel used in tankers and container ships, Nippon Steel said. The Oita plant is capable of producing 2.2 million tonnes a year of shipbuilding plates at present. A new machine to roll steel and a second line to cut plates will be introduced at the plant by the first half of 2009, the company said.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

NASSCO Delivers First ECO Class Tanker for SEA-Vista

On Thursday, April 28, 2016, General Dynamics NASSCO delivered the first ship in a series of three ECO Class tankers currently under construction for SEA-Vista LLC.

Crowley to Christen 3rd LNG-ready Product Tanker

Crowley Maritime Corp. announced it will hold a christening ceremony Thursday, May 5 in New Orleans for the newly built Louisiana, the company’s third of four new Jones Act product tankers.

Harley Marine Orders Two Harbor Tugs

Harley Marine Services announced the construction of two new ship handling vessels to be built at Diversified Marine in Portland, Ore. The two tugs are sister class

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0510 sec (20 req/sec)