Shipbuilding
Keppel specialises Philippine yards
Keppel Shipyard says it is trying to replicate the operational specialisation of its Singapore yards in the Philippines as it moves to focus its Cebu yard solely on shipbuilding. Keppel, which has three yards in the Philippines, is downsizing its wor...
2009-04-09 16:42:18
Big3 output soars
Suffering from severe order drought, South Korea’s major shipbuilders are building more vessels than last year on the basis of ample order backlog and facility expansion. Big three, namely Hyundai Heavy Industries, Samsung Heavy Industries and D...
2009-04-09 11:37:01
Japanese shipyard closes down
Medium-sized shipyard Kanasashi Heavy Industry has closed down due to it being unable to obtain the necessary loan capital from any bank. According to Clarkson’s information, the orders Kanasashi holds is enough for next three years. There a...
2009-04-09 07:17:34
Chinese still in slump
China's fledgling shipbuilding industry is set for more hard times as industry insiders have indicated that the global shipbuilding industry is unlikely to recover in the near future. New shipbuilding orders received by China in the first quarter of ...
2009-04-09 07:08:09
MSC renego cruiseship newbuilding
MSC Cruises is renegotiating contracts for two cruiseships due to be built at STX Europe’s Saint Nazaire yard. The price of the vessels is the main issue of contention but the cruise company has also decided on a substantial increase in the size...
2009-04-09 06:47:31
Spring will be fine
South Korean shipbuilding industry which has achieved highest-ever business results last year is now faced with challenges. Newbuilding market had been enjoying greatest-ever prosperity during the past five years or so to the latter half of 2008. ...
2009-04-09 06:09:44
Admiralty to win VLGC order
Admiralty Shipyards and Sovcomflot plan to sign a contract for construction of a gas carrier with a capacity of 80,000cbm of gas, RBC cites Vladimir Aleksandrov, Director General of Admiralty Shipyards, as saying at a solemn ceremony dedicated to met...
2009-04-08 17:35:29
China builds world-class shipbuilding bases
By 2011, the Yangtze River Delta, the Pearl River Delta and the Circum-Bohai Bay region will be built into three world-class shipbuilding bases in China, according to a recent development program for the country’s shipbuilding industry. In addition...
2009-04-08 17:27:36
STX develops 400K VLOC
STX Offshore & Shipbuilding (former-STX Shipbuilding) of South Korea recently signed a joint R&D agreement with Nippon Kaiji Kyokai (NK) for the development of the world’s first 400,000-dwt class VLOC. The ultra large ship type would be the worl...
2009-04-08 11:22:50
Oceania rebuffs talk on delivery delay
Private equity-controlled Oceania Cruises has rebuffed market talk that it is likely to seek a delay in delivery of a second $500 million newbuilding at Fincantieri. The Apollo Management company last month saw the keel laid at Fincantieri’s Ses...
2009-04-08 07:15:46
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