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 April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Keel Laid for SEA-Vista’s First ECO Tanker

General Dynamics NASSCO informs it has hosted a keel laying ceremony for the first Jones Act ECO tanker currently under construction for SEA-Vista LLC, at the company's shipyard in San Diego.

Blyth Workcats Delivers Aqualink

The first two-deck boat ever built by Blyth Workcats has recently been delivered to a customer in Belgium. The 18-meter Aqualink is the first Blyth Workcat to feature

Japan to Hand Over Data Ahead of Australia Submarine Bid

Japan will agree this month to give Australia classified submarine data, an unprecedented step signalling Tokyo's intent to join competitive bidding to sell Canberra a fleet of stealth subs,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators 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: 0.0786 sec (13 req/sec)