Shipbuilding
Japan Backlog Shrinks 24%
Japanese shipbuilders saw newbuilding export orders in January increase by 50% from a year ago in tonnage terms. While the number of ships ordered increased by only one to nine, in tonnage terms the volume jumped from 313,520-gt to 471,900-gt. Th...
2010-03-04 08:12:48
Subcontractors in the blues
Work of shipbuilding giants' subcontractors have decreased enormously as these giants cut outsourcing to cope with shrinking backlog. Accordingly, it is concerned that shipbuilding industry's damage from recession might be transferred to small an...
2010-03-04 07:28:24
St Nazaire order prospects up
Order prospects for the struggling STX France shipyard at Saint Nazaire have been further bolstered by the news that France has gone into exclusive negotiations for the sale of four French-designed Mistral-type naval helicopter carriers to Russia. ...
2010-03-03 08:02:42
Brodosplit delivers P-MAX
Brodosplit shipyard from Split, Croatia, recently delivered product tanker Stena Polaris to Swedish company Concordia Maritime. Hull 463 is a, so-called P-Max tanker, class 1A for carrying oil and oil product through ice areas. This is the ei...
2010-03-03 07:36:55
Global Supply Glut: 91.7%
It is analyzed that five major industries of Korea: shipbuilding, iron and steel, automobile, petrochemistry, and semiconductor, have high possibility of being influenced by global oversupply. According to a local newspaper's recent data sourced f...
2010-03-03 07:13:02
‘Winner Takes It All’
While various shipbuilding indices are showing mixed developments this year, industry players say ‘winner takes it all’ situation is getting more remarkable. Newbuilding orders are gradually picking up since October last year. At the same time...
2010-03-03 06:42:41
Chinese Counterattack: Price War
In China, most shipbuilders have realized the pressure from Korean rivals by their price strategy. Bao Qijing, chief analyst from CSSC Technology Research and Economy Development Institute, pointed out that in the future China’s main shipbuilder...
2010-03-02 10:14:59
Wadan signs $135m order
Germany’s Nordic Yards (formerly Wadan Yards) has received its first newbuilding order. Russian mining group Norilsk Nickel has ordered an ice-breaking tanker from the group, which has been struggling to find new business since 2008. The 18,...
2010-03-02 08:27:01
Chinese get only 6% new orders
It is reported that Chinese shipbuilding industry faces a new round of price competitions. As ship prices hit the bottom in last Q3, some ship owners snapped up the chance to place some orders. According to statistics from Clarkson, new ship contract...
2010-03-02 08:17:40
HMD makes a good start
Hyundai Mipo Dockyard (HMD) of Korea, which saw its revenue decrease amid shipbuilding industry's recession last year, made a good start by delivering a series of ships at the beginning of this year. HMD delivered seven ships in January starting ...
2010-03-02 07:09:17
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