Japanese cut steel plate prices [Equipment]
Pricing negotiation over steel plates between steel suppliers and shipyards seems successful for yards in Japan. In the negotiation over the products supplied during the second half of 2010's fiscal year from October 2010 to March 2011, some of Ja...
2011-01-10 07:15:50
Steel plate demand keeps increasing [Equipment]
The actual demand for domestic shipbuilding steel plates is believed to continue its upward trend this year. Kim Hyun-tae, researcher at Seoul-based Hyundai Securities, prospected that local steel suppliers, such as Dongkuk Steel Mill, would enjo...
2011-01-10 07:10:28
Chengxi inks more 75K BCs [Shipbuilding]
China's Chengxi Shipyard has won more self-unloading bulker orders from Canada Steamship Lines (CSL). The Montreal-based owner, which said it was going to spend over $500m on five firm newbuildings and five options in August, is said to have adde...
2011-01-10 07:07:38
DnB NOR plans $8bn ship loan [Finance]
Leading ship financing bank DnB NOR aims to pump about $8bn in new ship financing this year, about 20% better than it managed in the past year. That was the word this week from Harald Serck-Hanssen, DnB’s global head of shipping, as he sketched...
2011-01-10 07:00:59
Capital gap still exists [Finance]
‘Without financial and capital support, ship industry is not likely to grow,’ said Chairman Zhang Guangqin of China Association of the National Shipbuilding Industry (CANSI) In China, huge demands for shipping and shipbuilding exited but the f...
2011-01-10 03:39:07
China aircraft carrier to use Ukraine parts? [General]
According to news from U.S, China expressed cooperation intention to Ukraine, for the supply of key equipments for Chinese aircraft carrier under construction. As early as Soviet Union time, Ukraine provided a lot of key equipments for Russian ai...
2011-01-10 03:17:26
Betting on VLCS! [Shipping]
DVB recently warned that shipowners and shipping lines were betting on very large container ship (VLCS). However, they must postpone delivery time to avoid overcapacity and freight slumping. ‘Those above 8,000TEU are dominating global fleet’, ...
2011-01-10 02:43:51
Sharp Contrast: Hyundai & Hanjin Labors [General]
Korea's two giant shipbuilders - Hyundai Heavy Industries and Hanjin Heavy Industries & Construction - are showing a stark contrast in labor-management culture, attracting many eyes. While Hyundai provides 817 labor union members, who have alread...
2011-01-07 15:32:24
Lanhai inks 20 BCs at Chinese yards [Shipping]
China's Guangdong Lanhai Shipping, the shipping arm of Guangdong Lanyue Development Energy Co, has added more bulkers to its newbuilding tally. It ordered 26 vessels between mid-2009 and early 2010 and has now inked another 20 worth over $500m at...
2011-01-07 13:59:35
Japanese handles new orders with clam [Equipment]
Takao Motoyama, chairman of the Shipbuilders' Association of Japan (SAJ), remarked in the New Year speech that the global economy barely started to show signs of a recovery last year with back of emerging countries' growth, getting out of the worst s...
2011-01-07 13:47:01
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