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Shipbuilding
Indonesia import 2,500 ships
Indonesia plans to import up to 2,500 ships from China in deals worth up to $5bn. The plan was announced by Indonesian Chamber of Commerce and Industry (Kadin). Kadin wants to improve logistics among Indonesia’s scattered islands with short-s...
2013-01-31 09:46:31
Hanjin's union promote sales
Hanjin Heavy Industries & Construction's representative labor union is aggressively seeking to resume new order sales at its Yeongdo shipyard in Busan. The labor union has announced on January 30 that it turned in a petition to Korea Electric Powe...
2013-01-31 07:10:08
HMD could net $4bn
Hyundai Mipo Dockyard of Korea is predicted to set $4bn worth of new orders this year, the largest ever in its history, with its competitive design capability. Analyst Park Mu-Hyun of E*Trade Securities said Hyundai Mipo aims to win overall $3.2bn...
2013-01-31 07:07:52
Chinese run out of orders
During the past two years around 90 Chinese shipyards ran out of work, Clarksons reveals. Only 153 shipyards in China were considered still active at the end of 2012, down from a figure of 243 two years ago. Last year Chinese yards received app...
2013-01-31 06:54:26
Chinese Triple Distress
Chinese shipbuilding industry went through a tough year in 2012, facing plummeted new order, delaying delivery, protracted ship financing shrinkage, etc. All of these lead to losses, failing bankruptcy, layoff, etc. As of the end of December, 2012...
2013-01-30 07:28:16
DDHI inks ten BCs
Jiangsu Daoda Marine Heavy Industry (DDHI) of China signed a newbuilding contract to build 10 10,500-dwt self-unloading bulkers with Indonesian owner on January 17. These newbuildings, to be built to advanced energy-efficient design, will be class...
2013-01-30 05:55:59
Uncertainty Goes On
Uncertainty still continues in the world's shipbuilding industry and “The best case scenario for shipbuilders is for ship finance liquidity to return and for a cut in Chinese overcapacity,” said Mark Williams, Braemar Seascope's research director...
2013-01-30 05:46:58
Dole may order new reefers
Dole could order reefer ship newbuildings as it seeks to renew its fleet. The US-headquartered fruit company recently outlined potential investments, which included updating of its owned fleet with an average age of 21 years. The firm owns six ...
2013-01-29 09:38:18
Tsuneishi pens supramax pair
Tsuneishi Shipbuilding group of Japan has added a pair of supramax bulker on its orderbook. Tsuneishi booked an order for two TESS 58 newbuilding bulkers from Norway's JJ Ugland, with delivery slated for 2014-2015. UM Bulk, a joint venture betw...
2013-01-29 07:45:23
Hanjin awaits massive orders
Hanjin Heavy Industries & Construction is said to be on the verge of winning massive orders, including 7,000-teu boxship, medium-sized gas carrier, offshore supply vessel, etc. Sources said that the Korean shipbuilder already completed technical n...
2013-01-29 07:13:43
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