China ship fund boosts new orders [Finance]
Ship financing market is reportedly rapidly moving from Europe to China recently. Accordingly, Korean shipbuilding industry largely dependent on European owners will be affected inevitably. According to Clarkson Research Services' data, China is ...
2010-04-22 07:19:01
Overcast prospects on shipbuilding [General]
The Korea Chamber of Commerce & Industry (KCCI) released a forecast on domestic industries in the second quarter. Semiconductor, electronics, textiles, and machinery industry will see a huge improvement in exportation while shipbuilding and construct...
2010-04-22 07:14:17
Asia Ship Financing Grows [Finance]
The Korea Capital Market Institute (KCMI) said in its latest weekly report that Asia's trade volume is steadily growing in the world and the region's shipping and shipbuilding industries are also expanding fast, which leads to a rising demand for shi...
2010-04-22 06:40:02
Chinese Vice-Premier visits STX Dalian [General]
Li Keqiang, the First Vice-Premier of China recently visited STX Dalian Shipbuilding Complex to look around production site, and discussed current market conditions and direction of future development with Kang Duk-soo chairman of STX Group of South ...
2010-04-21 13:34:02
Wan Hai Lines keeps watching [Shipping]
As Evergreen’s compatriot rival, Wan Hai Lines pointed that the company didn’t have any newbuilding plan recently. Referring to Evergreens huge expansion plan, Wan Hai showed that actually the company had already triggered newbuilding project...
2010-04-21 10:46:04
10,000-TEU newbuild means suicide? [Shipping]
As is reported earlier, Evergreen’s new-round expansion plan really shocked the world. The 8000TEU sized boxship dominated the newbuilding project. Container shipping is closely related with global economy climate. The shipowners were storming t...
2010-04-21 10:44:56
Jiangsu newbuild output jump 90% [Shipbuilding]
Jiangsu Province, the largest shipbuilding base located in East China, kept uptrend in terms of shipbuilding output, with 83 vessels of 4.597m dwt delivered in the first quarter. It rose by 89.1% against last year occupying 12.9% of global share a...
2010-04-21 10:44:00
Tsakos close to $620m drillship order [Offshore]
Tsakos Group and its New York-listed associate Tsakos Energy Navigation (TEN) are close to ordering an ultra-deepwater drillship with a total project cost of $620m, having secured a price reduction of $200m after “months of negotiation” with an u...
2010-04-21 08:26:02
HMD inks LPG tanker [Offshore]
Sloman Neptun has ordered a 20,600 cu m LPG tanker from Hyundai Mipo Dockyard of South Korea, the German shipping company said in a stock exchange release. The vessel is due for delivery in the fourth quarter of 2011. The company said it wanted t...
2010-04-21 08:23:28
Japan new ship orders up [Shipbuilding]
Japan’s shipbuilders secured a total of 34 new vessel orders in March, up from 28 the previous month, but significantly down on the 110 orders recorded in the same month last year. According to data from the Japanese government, new orders total...
2010-04-21 08:19:40
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