Blue ocean, India’s shipbuilding market [General]
“The one who seizes upon the opportunities in India will dominate the global shipbuilding industry.” Shipbuilding market, which has been centering around South Korea and Japan, is rapidly expanding its base to India, China, Brazil and Russia (...
2008-08-27 14:07:03
DSME’s world best drill ship christening ceremony [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) made a statement that they held a Floating, Production, Storage and Off-Loading (FPSO)’s christening ceremony which was clinched in 2006 from U.S-based Transocean Inc., the world’s largest offshore ...
2008-08-27 11:51:24
Shipbuilding industry is to enter a declining trend in 2010 [Finance]
According to Japanese Iron & Steel newspaper, in light of a large scale of bulk vessel’s construction which transports iron ore, coal and grain, shipbuilding market’s expected downturn, what is called ‘ 2010 crisis’ is looming large. Vesse...
2008-08-27 11:00:53
SHI one more drill ship newbuilding [Offshore]
South Korea’s Samsung Heavy Industries (SHI) on 25 announced to the Korea Stock Exchange that it has received an order for the construction of a drill ship from a US shipowner. The delivery of the vessel is scheduled for December 2011 and the pr...
2008-08-27 11:00:02
STX Shipbuilding lively in receiving orders for VLCCs [Shipbuilding]
South Korea’s STX Shipbuilding became greatly animated in receiving orders as it won orders for a large number of VLCCs recently. It has reportedly received an order for the construction of four 320,000-dwt VLCCs plus an option of two more from ...
2008-08-27 10:54:00
Listed Chinese shipbuilders’ profit drop [Finance]
Chinese shipbuilding industry appears to post weaker-than-previous earnings due to high oil prices and weakening dollars. According to foreign press, Jiangsu Yangzijiang Shipbuilding Co listed in Singapore stock exchange, sales revenue for the fir...
2008-08-27 10:50:07
DSME’s labor union crafted bid contenders’ qualification [Finance]
All eyes were turned to Daewoo Shipbuilding & Marine Engineering (DSME)’s labor union’s recent movement in drawing up bidding contenders qualifications. In the wake of the state-run Korea Development Bank(KDB)’s public notice of DSME’s sal...
2008-08-27 10:20:51
Japanese shipbuilding industry to selectively receive orders [Shipbuilding]
Japanese large-scale shipbuilding companies increasingly receive orders selectively because of the skyrocketing prices of steel. The cost of steel material accounts for 30% of total costs of shipbuilding, and so the increase in steel prices force ...
2008-08-27 10:16:16
Reederei Thomas Schulte to order four bulkers [Shipbuilding]
Germany’s Reederei Thomas Schulte, which had been focused on the container shipping sector, has decided to order four 92,500-dwt Post-Panamax bulk carriers at China’s Taizhou Kouan Shipbuilding, aiming to make inroads into dry bulker market. T...
2008-08-26 13:19:20
Qingshan to receive an order for two 57K bulkers [Shipbuilding]
Goldenport Holdings (Greece) has decided to order two 57,000-dwt bulk carriers at Qingshan Shipyard (China) The ship prices total $91.66m and the London-listed company has already found a charterer to employ the bulkers for $27,000 per day for thr...
2008-08-26 11:17:50
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