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 Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Holland America Line's New Ship is ms Koningsdam

Holland America Line revealed the name of its new 99,500-ton cruise ship slated for delivery in February 2016 will be ms Koningsdam. While the name pays homage

USNS Fall River Delivered by Austal USA

The Navy informs it has accepted delivery of Joint High Speed Vessel, the future 'USNS Fall River' from the Austal USA shipbuilder. The delivery marks a major milestone,

Ingalls Delivers NSC Hamilton to USCG

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division delivered the National Security Cutter Hamilton (WMSL 753) to the U.S. Coast Guard today. The

 
 
Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0926 sec (11 req/sec)