Chinese major yards and owners to get aid [Shipbuilding]
Beijing is hoping a cash injection will reinvigorate the nation's ship-building industry. China's most successful yards and blue-chip foreign owners are expected to be the main beneficiaries of a financial stimulus package being put together by th...
2009-02-09 06:41:36
Havila halts $300m newbuilding order [Offshore]
Plans for an ultra-deepwater newbuild are on ice until the end of the year. Oslo-listed offshore owner Havila Shipping says it has put a speculative $300m newbuilding contract "on hold" as it seeks to find a charterer or investor for the vessel. T...
2009-02-09 06:35:45
Zim in crisis talks with yards over boxships on order [Shipbuilding]
Zim’s ambitious growth plans have been brought to an abrupt halt by the collapse of the container shipping trades. Zim’s parent company is in talks with shipyards to cancel newbuilding orders or delay deliveries, and is holding urgent discussi...
2009-02-09 06:30:16
LNG-FPSO surge: 30 to be ordered [Offshore]
The demand for LNG-FPSO newbuilding is expected to grow fast for which South Korea’s Samsung Heavy Industries received an order last year for the first time in the planet. According to foreign media report, as much as 30 LNG-FPSOs are forecast t...
2009-02-09 06:12:06
Chinese shipbuilding exports substantially increased in 2008 [Shipbuilding]
According to custom’s statistics, China’s 2008 vessel exports amounted to 2.174 million units worth USD 19.12bn, a 100% and 60.1% increase against 2007. Among them, December exports totaled 117,000 units worth USD 1.77bn, a 33.6% drop and 51.6% r...
2009-02-06 18:37:19
Indian shipyards suffering from lack of order-intakes [Shipbuilding]
Although the profit of India’s shipyards for 2009 and 2010 will maintain the rising tendency, due to financial crisis and declining freight rates, shipping companies have abandoned the fleet expansion plan and shipbuilding orders, so new orders wil...
2009-02-06 17:41:42
SPP Shipbuilding now world’s No. 10 [Shipbuilding]
South Korea’s SPP Shipbuilding Group said Friday that its order backlog as of the end of 2008 (and till now) stood at 164 ships of 2.96 million CGT worth $7.3 billion, ranking 10th among shipbuilders in the world on the basis of the orderbook data ...
2009-02-06 17:24:09
Jingyin port’s Jan ship dismantling profit exceeding CNY 2... [Shipbuilding]
According to statistics, Jiangyin port’s January 2009 ship-dismantling profit has exceeded CNY 200 million. Imported scrap steel vessels have totaled 11 units, and scrap volume increased dramatically against January 2008, ship-breaking industry’s...
2009-02-06 16:55:29
Shipbuilding industry development plan unfolding in 3 ways [Shipbuilding]
Shipbuilding Industry Development plan will soon be published. According to analysts, it will be focused on eliminating backward production capacity, restricting the integration of new capacity and resources, and the industry chain colligation. S...
2009-02-06 16:12:04
Guangzhou Shipyard and China shipbuilders gain on profit [Shipbuilding]
Bloomberg reported that Guangzhou Shipyard International Co and China State Shipbuilding Co surged in Shanghai trading after a report said the nation’s ship construction industry posted a 51% gain in profit last year. Guangzhou Shipyard, based in C...
2009-02-06 15:38:03
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