General
Wait & See: Japan yards
Japanese shipbuilders may need some more time before resuming their newbuilding marketing activities. Commenting on reports that South Korean and Chinese yards have recently offered prices of $60 million for a capesize bulker order, a Japanese shipbu...
2009-09-25 07:04:26
Emissions trading scheme unveiled
Cap and trade is the only way to guarantee an overall reduction in CO2 emissions from the shipping industry, according to a new industry discussion paper launched Wednesday. Backed by the shipping industry associations of Australia, Belgium, Norwa...
2009-09-24 06:54:54
OECD shipbuilding talks resume ?
Despite concern from Europe about the continued level of state subsidies and guarantees offered to the Asian shipyards, the next meeting in December of the shipyard working group at the Organization for Economic Co-operation and Development is unlike...
2009-09-24 06:48:01
China speeds up toward No.1
China’s shipbuilders may be concerned about the orders drought over the past year, but they are determined to continue its journey towards China being the world’s largest shipbuilding nation by 2015. Plans to become the world’s number one we...
2009-09-24 06:44:55
Korea passes marine resolution
Land Transport & Maritime Affairs Committee (LTMAC) of the National Assembly of the Republic of Korea passed Wednesday a draft resolution for promoting co-development of shipping and shipbuilding industries for the growth of the national economy, urg...
2009-09-24 06:07:31
'Go green' race
Korean shipbuilders are racing to develop environment-friendly shipbuilding technologies and "green" vessels, as the green wave reaches the global shipbuilding industry. STX Shipbuilding, one of the country's three shipbuilding powerhouses, said...
2009-09-23 09:04:41
European collab Russian
European shipyards are to meet with their Russian counterparts this week to look for areas of collaboration. With the decline in global shipping, there are few growth areas and the Community of European Shipyards’ Associations believes the Russi...
2009-09-23 07:42:10
IRISL attracts bargain hunters
Bids as low as $20m apiece are rumored to have been offered for three 6,500-teu containership newbuildings that are up for sale after the original buyer failed to complete the purchase. One of the interested parties is said to be Neptune Orient Li...
2009-09-23 07:34:19
Croatian yards attract no bids
There are less than two weeks left until Croatia’s privatization call for bids for shipbuilding expires and there are still no bids submitted by interested companies. While this is not surprising, the uncertainty of this privatization procedure ...
2009-09-23 07:27:59
"Kormarine 2009" all ready
A final preparation briefing will be held Wednesday for the ‘Marine Week 2009’ which is scheduled for October 21 to 24 at BEXCO in Busan, South Korea. The biennial international shipbuilding and marine exhibition which was first held in 2001 d...
2009-09-22 12:02:33
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