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Korea's NB order rally starts
Korean shipbuilding industry has seen continued new order spree even during summer vacation (from late July to early August). For the cited period, Hyundai Heavy Industries (HHI) reportedly won 1+1 179,000 cbm LNG carriers from Greece's ...
Japan tripled ship completed in July
Japanese shipbuilders were awarded 16 vessels of a combined 557,000m gt (270,000m cgt) for exports in July 2019, down by 4.7% year-on-year in gt terms. By ship type, the newbuilds include 15 bulkers and one tanker. According to the Japan...
China closed 1H frowning
Data showed that the Chinese shipbuilders' 1H order intake shrank by almost half compared to the last year. The backlog also decreased by over 10%. The China Association of the National Shipbuilding Industry (CANSI) published the country's shi...
"NB contracting expected to rise in 2H"
New order sales in global shipbuilding industry decreased sharply for the first half of 2019, but are expected to show a relative improvement for the second half against a backdrop of large-scale contracting in LNG carrier sector, a Korean expert...
[Feature] Korean yards' 1H order totalization
The Korean shipbuilders still saw strong LNG carrier trend in their new order intakes for the first half of 2019, and are expected to secure a lot of newbuilding deals in LNG carrier segment for the second half. On the whole, however, they logged...
NB market sluggish in 1H
There was very poor contracting in global new order sales for the first half of 2019, and the new order intakes hit a historic low for the second quarter particularly. From January to June this year, according to VesselsValue, global bulker co...
Korea maintained its No.1 in global contracting
Of global contracting in June this year (18 vessels of a combined 660,000 cgt), six units of 340,000 cgt were ordered at Korean shipyards. With this, Korea became the largest country builder two months in a row, beating China with seven vessels o...
Korea's 1H ship exports see 2.2% up
It turned out that Korea posted exports of $44.18bn last June, down by 13.5% year-on-year, and imported goods and services worth $40.01bn, representing a 11.1% y-o-y downturn. As a result, the country achieved the 89th consecutive profitable mont...
China: April recovery weakened in May
The China Association of the National Shipbuilding Industry (CANSI) has recently released statistics on business results domestic shipbuilding industry posted for the first five months of 2019. The data said May’s order intake was improved comp...
Korea cranked up ship export by 47% in May
May saw a decline in Korean export due to weak semiconductor sales. Korea Customs Service (KCS) said on June 17 that Korea exported $45.9bn in May, which is a yoy 9.5% decrease. Car (13.5%), ship ( 46.8%), and home appliance (24.0%) marked ...
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