New orders plunge in Jan. [Shipbuilding]
Combined new orders of Korean shipbuilders during January are seen to fall behind Chinese rivals. According to the Clarkson Research Services and industry sources, the combined new orders of Korean shipbuilders during January came to 356,398 CGT ...
2011-02-10 07:10:32
Fuel efficiency, key to future [Shipbuilding]
As shipowners face high oil prices and deteriorated shipping market conditions, demand for fuel-efficient ships is increasing. Therefore it seems to happen that Korea's major shipbuilders, which have the advantage in designing and R&D technology,...
2011-02-10 07:01:31
Shin Wei: To develop Handysize fleet [Shipping]
In spite of BDI slumping, Taiwanese Shih Wei Navigation Company Limited was speeding up its shipbuilding plan. On January 25th, Shih Wei ordered a 37,000dwt Handysize bulk carrier from Japanese Saeki Heavy Industries. Two days later, the company ...
2011-02-09 16:35:38
Shanghai Shipyard to deliver 20 units 2011 [Shipbuilding]
In 2010, the shipbuilding output of Shanghai Shipyard broke through million dwt. In this year, the yard intended to delivery over 20 units. Last year, the output value of Shanghai Shipyard exceeded CNY6.5bn ($977m) with 17 ships finished. The outp...
2011-02-09 14:35:53
New orders dive in Jan [Shipbuilding]
In January, global new orders dived rapidly. It slumped at 42 units of 2.609m dwt so far. The bulk carrier orders totaled 1.75m dwt. The amount of large bulk carrier order was climbing up. The Capesize ship orders reached four units. Nippon Yusen ...
2011-02-09 12:30:46
Delivery slippage to influence market [Shipbuilding]
London-based Clarkson currently indicated that the order cancellation and delivery delays were the key to influence container market of this year. As is calculated, the container shipping volume was expected to rise by 9.7% this year, at 153m TEU...
2011-02-09 11:36:52
Tsuneishi completes 100th kamsarmax [Shipbuilding]
Tsuneishi Shipbuilding scored 100 kamsarmax ships in total deliveries with the completion of building the 82,000 DWT “Wangaratta” yesterday. The yard has developed kamsarmax as a panamax over 80,000 DWT for the first worldwide, creating a new...
2011-02-09 11:21:42
Steel industry gets heated [Equipment]
While Korea's big three steel makers seem to engage in a keen competition in the steel plate market, Posco is planning to expand the sales of high value-added products used in offshore structure and to sell various steel products used in ship in a pa...
2011-02-09 10:57:27
STX OSV may delay offering shares [Finance]
Fully-owned subsidiary of Korea's STX Offshore & Shipbuilding, STX OSV has indulged in fun worries about the time when it has to offer its 17.3% shares for public subscription as its stock prices are taking a suddenly rising tendency. STX Group has t...
2011-02-09 10:18:40
Big concern about physical conflicts [General]
As the due date that Korea's Hanjin Heavy Industries & Construction carries out a large-scale layoff is coming closer, many are worrying about some physical conflicts between labor and management before or after the due date, the 14th of January. ...
2011-02-09 09:56:30
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