Equipment
SCI plots shipbuilding entry
State-owned Shipping Corp of India (SCI) is said to be looking to fill the vacuum left by a government decision to drop plans to build three state-backed shipyards. Sources say Mumbai-based SCI wants to develop a greenfield yard that is expected ...
2010-08-30 07:12:51
Order-intake 'for a living' ends
South Korean shipbuilders now seem to have stable order backlogs and financial status after they won increased new orders so far this year. Seoul-based Daewoo Securities said the shipbuilding companies would slow down winning new orders in the sec...
2010-08-30 07:04:39
DSME to produce WT in Romania
Korean industrial giant Daewoo Shipbuilding & Marine Engineering could start producing wind turbines (WT) from a shipyard it owns in Romania, depending on European demand, officials say. Daewoo controls Daewoo-Mangalia Heavy Industries, which bui...
2010-08-27 08:33:09
Hyde Marine wins $20m BWTS order
Calgon Carbon Corporation said that its wholly owned subsidiary, Hyde Marine, Inc., has been awarded a contract by a leading South Korean shipyard to supply Hyde Guardian ballast water treatment systems (BWTS) for a series of tankers being built for ...
2010-08-26 08:24:30
Chinese faces pressure
China Shipbuilding Industry Corporation (CSIC) deputy manager Qian Jianping recently said in Beijing that generally the ship market stayed around low level. The statistics from China Association of the National Shipbuilding Industry (CANSI) showe...
2010-08-26 01:02:17
Warning: Blind order intakes!
In market recession the order became scarce resources. The price is always the focus during negotiation between shipowners and shipyards. Sometimes the shipyards will reduce their quotations to catch orders even if it seems few profit. In the con...
2010-08-25 01:05:50
Yangzijiang boosts capacity
Yangzijiang Shipbuilding has paid out nearly $16m for a new shipyard site to further boost its capacity on the Yangtze River. Its purchase of a 147,253 square metre patch adjacent to its Jiangsu New Yangzi Shipbuilding facility comes less than a ...
2010-08-24 08:16:16
Order adjustment 'By Market'
The Korea Shipbuilders' Association vice-chairman Han Jang-sub (right) insisted newbuilding market should be restructured by market economy principle, not by government's artificial policy. He said global annual newbuilding demand is now about 50m...
2010-08-23 08:43:29
Order surge: ‘Naive optimism’
Shipowners who ordered dry-bulk newbuildings this year were guilty of “naive optimism”, a leading analyst says. Martin Sommerseth Jaer of Arctic Securities says owners seem to need a long-lasting crisis to prevent them from ordering. In a...
2010-08-23 07:18:18
CSIC get toughest time
China Shipbuilding Industry Corporation (CSIC), one of big 2 Chinese state-owned shipbuilding groups expressed that the toughest time would come in two or three years. Now it’s time to prepare. In the first half year, the profit of CSIC hit CNY4...
2010-08-23 01:01:36
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