Vinashin sales increased more than double [Shipbuilding]
Vietnam Shipbuilding Industry Group said revenue more than doubled in the first nine months as it sold vessels to the UK, Japan and South Korea. Sales rose to VND19.6 trillion (US$1.2 billion), the Hanoi-based state-owned shipbuilding conglomerate...
2008-10-21 16:08:24
Hanjin Shipping opens a repair yard shortly [General]
South Korea’s Hanjin Shipping has been constructing a large-scale shiprepair yard in Qushan Island, located at a sea route entrance into Shanghai China, and the completion of the repair yard just has a couple of weeks to go. The repair yard has ...
2008-10-21 14:56:19
China commencing new shipyard construction [Shipbuilding]
China government has decided to build a new large-size shipyard despite the world shipbuilding industry’s rapidly growing stagnancy. China’s LiaoNing Daily reported on Oct 19, China’s biggest shipbuilding company, Dalian Shipbuilding Industr...
2008-10-21 11:42:49
Marine equipment industry growth needed [Equipment]
To maintain the title as the number one shipbuilding country, South Korea should foster marine equipment technology as well as shipbuilding capacity, an expert asserted. At a seminar about marine equipment industry’s current situation and its futur...
2008-10-21 11:29:49
Order book full for Cochin [Shipbuilding]
Naming ceremony of the two Platform Supply Vessels (PSVs) that the Cochin Shipyard Limited (CSL) is building for Hellespont, a deep-sea shipping company in Greece, will take place at the Shipyard on November 21. The Shipyard has so far delivered seve...
2008-10-21 09:34:09
World biggest floating dock launched [Shipbuilding]
The world biggest floating dock was named and launched in China Shipping Group Company’s Jiangsu Shipbuilding Base on Sep 28. The floating dock named “Zhonghaiemeishan” was built for Zhonghai Changxing Island Shipbuilding Repair Base by Shan...
2008-10-21 09:23:34
Wenchong wins additional boxship order [Shipbuilding]
A Norwegian shipowner has recently ordered one more containership at China’s Guangzhou Wenchong Shipyard, upping his series of containership newbuildings at the yard to six units. According to sources, Roed’s Colchester-based Norse Management ...
2008-10-21 07:04:00
Crisis into new opportunity [Shipbuilding]
Shipbuilders of South Korea seem to see the current financial crisis as an opportunity and they are finding new markets and expanding building facility. This year, world shipbuilding market has taken a downturn and until late July the volume of ne...
2008-10-21 07:02:08
EU plans Polish shipyard sell-off [Shipbuilding]
The European Commission has put forward a new plan to sell off Poland's ailing shipyards, which are threatened with bankruptcy in a dispute over state aid, the BBC informed. The state-owned, communist-era Gdynia and Szczecin shipyards could face a...
2008-10-20 20:14:12
Vietnam shipbuilding losing ground [Shipbuilding]
During the ‘golden age’, the Hoai Nhon Seafood Joint-Stock Co received 15-20 contracts every year to build vessels of over 90HP. However the age lasted all of five years, from 1998 to 2002. In the last three years it has had just 7-8 orders. ...
2008-10-20 20:04:36
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