Big3 win $12bn offshore plants [Offshore]
Korea’s big three shipbuilding companies - Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) – have seen the new orders for offshore plants exceed $12bn in total since the begin...
2010-11-22 08:59:14
The 4th ASEF held in Kyoto [Shipbuilding]
The 4th Asian Shipbuilding Experts' Forum (ASEF) took place with 130 attendees from six countries in the city of Kyoto, Japan, on November 17th and 18th. ASEF was hosted by The Shipbuilders's Association of Japan (SAJ) and Japan Ship Technology R...
2010-11-22 08:50:23
Korea to export naval vessels to Brazil [General]
Recently, South Korean government is said to have been carrying out the export business of 11 naval vessels worth around KRW 4trn ($3.53bn) including KDX-Ⅱ(4500t class), which is Korea's major destroyer, with Brazil. According to one government...
2010-11-22 08:44:12
Confidence in new orders [Offshore]
Korea's shipbuilders are lifting their confidence in new orders for next year. Actually, recovery in Korean shipbuilding industry is emerging faster than expected after the severe drought in new orders last year. One senior officials of Korean sh...
2010-11-22 08:36:45
Hyundai-Vinashin wins handymax pair [Equipment]
Hyundai Merchant Marine (HMM) has given Vietnam’s struggling shipbuilding industry a much-needed shot in the arm with the country’s first export order in almost two years. It has signed up for a pair of 59,800-dwt bulkers at Hyundai-Vinashin Sh...
2010-11-22 08:21:01
Greek invest $6.4bn in 231 newbuilds [Shipping]
Undeterred by repeated warnings of a future oversupply of vessels, Greek shipowners ordered a whacking 231 ships totalling 25.9 million dwt in the first 10 months of this year, according to newly released data. Taking into account some deals comp...
2010-11-22 08:18:39
Daewoo-Mangalia wins kamsarmax pair [Equipment]
Dalnave Navigation of Greece looks to be taking its first plunge into the newbuilding market. The company is said to have booked a pair of kamsarmax bulkers at Daewoo-Mangalia Heavy Industries in Romania for delivery in 2010. The vessels are unde...
2010-11-22 08:16:41
Samho to add two more [Shipbuilding]
A Turkish player is in close talks for a further pair of bulkers at Korea's Samho Shipbuilding. Turkey’s Ciner Group will take delivery of its first vessels by the end of this year but is already gearing up its expansion with orders for 10 more...
2010-11-22 08:10:09
SCI buys 29 ships for Rs6,000 crore [Shipping]
The Shipping Corporation of India (SCI), which is coming up with a follow-on public offer (FPO) opening November 30, plans to invest Rs6,000 crore for acquisition of 29 ships by 2012. A part of the FPO mop-up worth Rs1,300 crore will be used for ...
2010-11-22 08:04:40
Korea second to none in shipbuilding [Equipment]
When it comes to shipbuilding Korea is second to none. Korea has held top spot for six consecutive years from 2003 to 2009 in overall size of the order book with Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding accounting...
2010-11-22 07:27:22
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