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Offshore
Shipbuilding
Equipment
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General
Market Information
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Reportage/Interview
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Photo News
HVS floats biggest BC
[General]
On 03 January 2012, Launching Ceremony of 82,000 DWT Bulk Carrier with the Hull No. S054 was held under attendance of representatives of Owner, KR and the Yard at Hyundai-Vinashin Shipyard. This is the first vessel in a series of the 3 in the con...
2012-01-04 07:48:35
Keppel expands Offshore Wind
[Offshore]
Keppel will acquire a substantial stake in OWEC Tower, an industry leading designer of jacket foundation. On Jan. 3, 2012, KV Ventus B.V., a wholly-owned subsidiary of Keppel Corporation Ltd. (Keppel) has entered into a share purchase and subscrip...
2012-01-04 07:46:33
China "Order Drought" Crisis
[Shipbuilding]
Shipbuilders in China seem to face a new crisis of order drought. According to National Development and Reform Commission (NDRC) of China on 31 December 2011, Chinese builders made a steady growth in 2011, however, depressed shipping market and sharp...
2012-01-04 07:39:15
Midsizes target $10bn
[Shipbuilding]
While commercial ship market is to be still clouded with decreasing new order in 2012, South Korean medium-size yards would do business aggressively with overall new order target of around $10bn. Hyundai Mipo Dockyard, booked $2bn in 2011, aims a...
2012-01-04 07:16:01
Daewoo into offshore
[General]
South Korea's Daewoo Shipbuilding & Marine Engineering seems certain that it would join 'Turnover KRW 10trn ($86.4bn), Operating profit KRW 1trn' with 2011 record. CEO Nam Sang-Tae, Daewoo underlined that it would enhance competitiveness of its m...
2012-01-03 14:36:38
Difficulties in 2012
[Finance]
Shipbuilders would meet difficulties in 2012, new order placement and profitability getiing lower. According to Korea International Trade Association (KITA), Korea Shipbuilders' Association, etc., South Korea's ship export this year would remain $...
2012-01-03 12:58:10
Major-minor gap bigger
[Finance]
Unlike major shipbuilders, beneficiaries of new order for drillship and offshore production facilities in times of high oil price, small-and-medium size builders would continue to face troubled new order record in 2012 by sluggish newbuild commercial...
2012-01-03 12:08:31
STX targets $15bn
[Finance]
Chairman Kang Duk-Soo, STX Group of South Korea stressed steady growth by internal stability and responsibility management for 2012, through his New Year's speech on 2 January. Chairman Kang revealed that STX Group made overall new order target of...
2012-01-03 10:38:21
Hyundai aims $30.6bn
[General]
CEO Lee Jai-Seong, Hyundai Heavy Industries revealed from his New Year's message on 2 January 2012 that Hyundai made new order target of $30.6bn and turnover of KRW 27.537trn ($23.709bn). Lee said that 2012 would be the 40th year of its existence ...
2012-01-03 09:57:17
Thai shipbuilding revival
[General]
Thailand's shipbuilding industry is set to double in value from the current 10 billion baht once a plan to import 100 ships is put in place next year, says Wirat Chanasit, chairman of the Federation of Thai Industries (FTI) shipbuilding and repairing...
2012-01-03 08:20:22
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