General
Hanjin to sell CMA CGM newbuilds
Greek interests are among a handful of potential buyers eyeing the panamax boxship newbuildings ordered by CMA CGM that are back on the market. Hanjin Heavy Industries & Construction is reported to have approached a number of bidders for four 3,6...
2010-05-24 07:48:25
Russia eyes top 10 shipbuilding powers
Russia will enter the top ten largest shipbuilding countries by deadweight tonnage of ships built in the next 2-3 years, local media reported quoting Dmitry Mironenko, Deputy Director General of the United Shipbuilding Corporation (USC), who was spea...
2010-05-24 07:46:25
Samsung ranks No.1
Korea's Samsung Heavy Industries ranked first worldwide by orderbook for the first time since it was established 36 years ago in 1974. According to Clarkson Research Services data, SHI's order backlog stood at 8.065m cgt as of the end of April. ...
2010-05-24 06:33:28
CIMPS in the Heat of Show
The China International Marine, Port & Shipbuilding (CIMPS) Fair is now being held in Nanjing, Jiangsu, China, started May 19th ongoing until 21st. CIMPS is strongly supported by both central China Government and local Governments at Provincial a...
2010-05-20 16:18:40
STX chairman visits Ghana
Korea's STX Business Group chairman Gang Duk-soo (pictured left) recently visited Ghana and had meetings with the country's top government officials including President John Atta Mills. Mr Gang discussed business cooperation plans between STX an...
2010-05-20 14:38:42
Technip Pori yard cuts jobs
Technip will cut almost half of jobs at its Pori shipyard in Finland due to a lack of work. Its workforce will be sliced from 786 to just over 400 following completion of the Apache II. In a statement Technip says the cull began Tuesday as no...
2010-05-20 08:18:36
Saudi axes SLS pair
The National Shipping Company of Saudi Arabia (NSCSA) is demanding $76m back from beleaguered Korean shipbuilder SLS Shipbuilding as it cancels a pair of products tankers. The Saudi owner has dropped the two 45,000-dwt units due to delivery delays, i...
2010-05-20 08:16:49
Yards Slow Down
Korea's big five shipbuilders, namely Hyundai Heavy Industries, Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering, STX Offshore & Shipbuilding and Hanjin Heavy Industries & Construction are reportedly planning to leave their yards cl...
2010-05-20 07:13:58
Turkish return to repairs
Besiktas, Cicek and Desan are making strategic moves to counter a newbuilding market in decline. Turkish shipyards are turning their attention to ship repair to combat a fall in newbuilding orders. Relatively young Besiktas Shipyard has an or...
2010-05-19 07:46:09
USC eyes Ukrainian yards
Russia’s United Shipbuilding Corp (USC) is interested in taking controlling stakes at about 10 Ukrainian state-run shipyards. The Delo daily cited Andrey Kurasov, deputy head of the shipbuilding department at the Russian ministry of industry an...
2010-05-19 07:42:01
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