Korean shipping to resume new orders [Shipping]
Korea's large shipping companies are seen to be getting active in resuming new ship orders in a full scale with shipping market conditions showing signs of a recovery. Korean major shipping companies have already expressed their strong will to pl...
2011-01-14 07:10:13
Big 7 target $51bn orders [Shipbuilding]
The Korean Government and shipbuilding industry expect local shipbuilders to beat Chinese rivals and to retake the world No.1 position in new orders this year. Korea's Ministry of Knowledge Economy (MKE) and the Korea Shipbuilders' Association (K...
2011-01-14 07:03:13
Turning on Offshore order drive [Offshore]
Korea's shipbuilding industry seems to continue an upward trend, starting a new year with winning a large-scale offshore plants. Forward industry shipping market has bottomed out and started to show a recovery and offshore plant orders are expect...
2011-01-14 06:55:18
More strong from restructuring [Shipbuilding]
Many prospect Korean yards would benefit from the shipbuilding industry's restructuring worldwide. Seoul-based Mirae Asset Securities held a press conference in the Korea Stock Exchange in Yeoido on 11th January and said, "amid increasing acute c...
2011-01-14 06:48:39
TCC to buy boxships [Shipping]
TCC nearly purchased its first boxship. Meanwhile, TCC was negotiating with shipyards for more orders. CEO Franck Kayser of TCC confirmed the company would complete purchasing MV Taicang Dragon from Marine Capital next month, whose capacity came u...
2011-01-13 15:56:27
Dayang Shipbuilding: Reborn [General]
China’s Dayang Shipbuilding was established as early as 2004. It was a state-owned shipyard which experienced golden time. The annual delivery had hit 100,000tons and the export orders dominated the orderbook. In the past, Dayang even rolled out Ch...
2011-01-13 12:33:18
CSBC: Fighting for Evergreen orders [Shipbuilding]
As Korean Samsung walked closer to Evergreen’s new orders, Taiwanese government asked China Steel to provide 300,000tons steel plates at low price level to CSBC, for Evergreen’s ten-unit 8,000TEU boxship orders. With government’s support, CS...
2011-01-13 12:16:01
Chinese raise output [Equipment]
2010's total deliveries of Chinese yards all together increased. The local reports say that Shanghai Waigaoqiao Shipbuilding, the first runner, in terms of new building output, delivered 7.06m DWT, becoming the first yard in China to exceed 7m DW...
2011-01-13 10:57:10
KR inspects Azerbaijani ships [General]
Korean Register of Shipping (KR) has revealed that it made an agreement with the Azerbaijani Republic's maritime authorities on 10th January to inspect agreements and issue related certifications over Azerbaijani ships on behalf of the Azerbaijani Go...
2011-01-13 10:29:58
Bohai succeeds in VLCC [Shipbuilding]
China's Bohai Shipbuilding Heavy Industry (BSHI) has succeeded in building a 320,000-dwt VLCC for the first time in China. According to local reports, the newly built unit, named 'HeoHwa', was ordered by Singapore's BW Shipping. The unit connotes ...
2011-01-13 09:45:29
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