Finance
Shipbuilding industry’s rosy outlook in the mid and long t...
Last week, Shipbuilding industry’s slump in earnings and foreign investors’ selling sprees sent shipbuilding industry’s share price tumbling. This can be attributed to the second quarter earnings result’ release reflecting concerns over th...
2008-08-14 09:50:16
Volume of orders crimped sharply - Economic outlook stirs up...
Korea shipbuilding industry’s economic outlook ignites controversies. World’s shipbuilding industry’s total volume of order intake in the first half of year plunged sharply compared with the same period of last year. Amid evident signs of...
2008-08-14 09:38:14
K-Line to invest in a Chinese repair shipyard
Kawasaki Kisen Kaisha, Ltd. (K-Line, Japan) puts money in a ship repair shipyard in China According to a source, for the considerable amount of ship repairing and maintenance in the future, K-Line has bought 5% stake in the repair shipyard at $25m...
2008-08-14 09:37:20
China shipbuilding market analysis in the first half of year
China’s shipbuilding industry is analyzed in the first half of 2008 in a way that amid the difficulties such as the revaluation of the yuan renminbi, record snowfall, earthquake and marine transportation market fluctuation etc, it overcomes economi...
2008-08-13 10:13:44
Newbuilding market weakened by seasonal factors
Recently, newbuilding market’s movement is reported to have weakened. Given that existing contracts are turned out to be not efficient enough for ramping up the profitability due to the price hike in raw materials, a number of shipbuilders seem ...
2008-08-13 09:34:14
Aker’s spearhead for a breakup leaked out
Measures that Norwegian shipbuilder Aker Yards tries to take regarding South Korean shipbuilding conglomerate STX Group’s takeover deal turns out to be the dismantlement of the group. Aker Yards made it clear on the measures in documents release...
2008-08-12 11:47:46
Volume of orders crimped sharply - Economic outlook stirs up...
Korea shipbuilding industry’s prospect ignites controversies. World’s shipbuilding industry’s total volume of order intake in the first half of year plunged sharply compared with the same period of last year. Amid evident signs of shipbui...
2008-08-12 10:01:32
HHI invulnerable to the cancellation of order
Hyundai Heavy Industries (HHI, Korea) seems to continue to increase profits in the third quarter. Financial analysts judge, in general, HHI to be not affected at all by the recent cancellations of orders following one after another. According t...
2008-08-12 09:29:33
Newbuilding cost continues an upward trend for the consecuti...
Lately, despite the seasonal factors coupled with the industry-wide concerns, following a cancellation of shipbuilding order, the newbuilding cost appears to be sustaining an upward trend. With the newbuilding index showing the upward trend for th...
2008-08-11 19:03:27
DSME’s new owner is to be determined in October
Daewoo Shipbuilding & Marine Engineering’s takeover process is gaining a momentum. The new owner who is poised to takeover Daewoo Shipbuilding & Marine Engineering is to be determined by forthcoming October this year. Korea Development Bank p...
2008-08-11 19:00:06
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