Bangladeshi boosted by financial aid [Finance]
Bangladeshi commercial banks will be able to charge a fee of not more than 1.5 per cent annually for issuing any guarantees to local shipbuilders for receiving any advance from a ship importer abroad, officials said Monday. "We've taken the measu...
2010-01-21 08:17:16
China leading shipbuilding ? [Shipbuilding]
In 2009, China managed to bypass the volume of shipbuilding orders of South Korea, which had been a leader in recent twenty years. For the first time in its history China shipbuilders have outrun its major rival. Last year, China won 44.4% of con...
2010-01-21 08:15:18
Drydocks World focuses on current orders [Shipbuilding]
South-east Asia, which has seen new orders drying up, capped off a difficult year by focusing on the orders it has on hand and pushed out seven deliveries in December. The deliveries for domestic and international owners include three offshore mai...
2010-01-21 08:12:54
Shipyards, Croatia's biggest EU hurdle [General]
The long-delayed sale of ailing state shipyards has become a key obstacle in Croatia's European Union accession talks, which Zagreb aims to complete this year, EU diplomats said on Tuesday. Brussels wants the former Yugoslav republic to sell the ...
2010-01-21 07:40:54
DSIC achieves CNY 20bn sales [Finance]
Both revenue and gross industrial production of China's Dalian Shipbuilding Industry Co (DSIC) reportedly reached CNY 20bn ($2.9bn) for the first time in 2009. DSIC, which had achieved revenue and gross industrial production of CNY 10bn in 2006 fo...
2010-01-21 07:09:01
Boxship oversupply to continue till 2013 [Shipping]
Oversupply situation in the containership market is expected to continue until 2013. AXS-Alphaliner, France’s maritime consultancy firm, said that containerships on standby numbered 562 vessels of 1.44m teu as of January 18th. Assuming that ...
2010-01-21 07:05:06
China’s largest CSD delivered [Shipbuilding]
On January 19th, China Merchants Group subsidiary China Merchants Heavy Industry (CMHI) held a delivery ceremony for the ‘Tian Jing Hao’, China’s largest-ever self-propelled cutter suction dredger (CSD), which was ordered by compatriot shipowne...
2010-01-21 06:59:59
New orders crash 71% in Japan [Shipbuilding]
Japan Ship Exporter's Association (JSEA) announced on Jan. 19th that its 22 shipbuilder members received newbuilding orders of 2.53m CGT (5.7m gt) in 2009, dropping by 71.3% over a year earlier. This is the worst record ever since CGT-based statis...
2010-01-21 06:58:21
Chinese weather the toughest crisis [Shipbuilding]
Having experienced amazing growth during the couple of years to 2008, China’s shipbuilding industry suffered severe blow in 2009 due to global financial crisis. As government’s preferential policy came out for the industry, Chinese shipbuilde...
2010-01-20 16:30:15
Daewoo in talks with Louis ? [General]
Daewoo Shipbuilding & Marine Engineering Co., South Korea's third-largest shipyard, is poised to win its first cruise ship order. According to local source, the shipbuilder is "in talks with a Greek firm over the deal, estimated at $600 million." ...
2010-01-20 13:25:10
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