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Shipbuilding
Special Ship Breakthrough
Shipbuilding industry under severe recession following global economic crisis eyes special vessels sector. It is because commercial ship orders drought does not show any sign of settlement, while global economy is in its way of recovery. Acco...
2010-03-08 07:15:37
Profit Margin Crash
Shipbuilders are expected to see their profit margin deteriorate due to a rise in marine equipment and material prices, despite some ship types’ newbuilding prices edging up recently. Ship prices are forecast to be kept at low level for a while,...
2010-03-08 06:37:46
Japan owners divorce domestic yards
Some Japanese shipbuilders are feeling the pinch as previously loyal domestic customers are tempted further by foreign yards, especially in South Korea. The combination of a strong yen and lengthy delivery times mean Japanese shipbuilders are fac...
2010-03-05 14:40:10
Sungdong kamsarmaxes from Transocean
Korean shipbuilder Sungdong Shipbuilding & Marine Engineering announced on February 23rd that it has inked a newbuilding contract with a European shipowner to build three kamsarmax bulkers including one option and foreign media reported today that th...
2010-03-05 14:26:25
Viking to order 60,000-gt ropax
A Finnish ropax order would be a Far East boon but painful at home. Asian ambitions to break Europe's domination of the passengership newbuilding market could take a big leap forward if Scandinavia's Viking Line goes east with an order for two la...
2010-03-05 13:56:14
CSBC targets 2011
Mr Tan Taiping, general manager of Taiwan’s China Shipbuilding Corporation (CSBC) recently expressed 2,400 new cargo ships were and will be put into operation during 2009 to 2011 while about 1,000 ships would come out this year. That meant that...
2010-03-05 10:17:45
China’s largest archaized ship launched
On March 2nd 2010, China’s largest archaized ship was launched at Kailing Shipyard. The ship will start Zhoushan Oceanic Culture Trip. Expo 2010 Shanghai, Korea, Japan and Taiwan are already on its schedule. The newbuilding cost totaled CNY2...
2010-03-05 10:16:37
Fujian yards incur delivery delays
The volume of vessels completed in the Chinese province of Fujian dropped by 15% to 936,265 dwt last year as a result of delivery delays, according to China Association of the National Shipbuilding Industry. However, the association expected the ...
2010-03-05 08:22:51
Push ahead shipbuilding legislation
Chinese shipbuilding industry has experienced amazing growth in recent years. However, compared with Korean and Japanese rivals, it still has a long way to go, especially in hi-tech field. During high speed development, the problems occur from ti...
2010-03-04 10:25:26
Rongsheng boosted by orders
China’s private shipbuilder Jiangsu Rongsheng Heavy Industries posted a more than 60% year-on-year increase in operating income in 2009 to Yuan10bn ($1.5bn) on the back of a raft of newbuilding orders. Last year, Jiangsu Rongsheng had eight 76,...
2010-03-04 08:21:01
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