Shipbuilding
HMD talks 30K PCs
Korean shipbuilding stalwart Hyundai Mipo Dockyard is now proceeding with negotiations with Wisby Tankers about options for two 30,000-dwt products tankers. The Swedish company had ordered two plus two optional PCs early last year. And the owne...
2013-01-07 06:15:50
SWS-STX ink Cape LOIs
Norwegian shipowner giant John Fredriksen’s new vehicle, Frontline 2012 has reportedly signed Letters of Intent with two China-based shipyards to build up to 14 capesize bulkers. The shipyards are said to be China's state-owned Shanghai Waigaoqi...
2013-01-04 10:15:06
HMD targets 81 deliveries
Hyundai Mipo Dockyard president Choe Weon-Gil, in his New Year address on January 3, said the company aims to win 101 newbuilding orders totalling $3.2bn and to post KRW 3.6trn ($3.4bn) of turnover and $2.9bn of export in 2013. The Korean shipbuil...
2013-01-04 07:36:49
STX targets $7bn
Korea's STX Offshore & Shipbuilding had a 2013's kick-off meeting at Jinhae Shipyard on January 3. President Shin Sang-Ho revealed its 2013 goals - new order $7bn, turnover KRW 4trn (about $3.8bn), operating profit KRW 140bn, launching 59 vessels ...
2013-01-04 06:35:52
Samsung aims at $13bn
Samsung Heavy Industries of Korea is said to target $13bn of new orders this year in shipbuilding and offshore plant segments. The target has slightly increased from $12.5bn aimed for 2012 and has been set 35.4% higher than around $9.6bn of orders...
2013-01-04 06:33:16
Hyundai aims at $29.7bn
Korean shipbuilding giant Hyundai Heavy Industries' president Lee Jai-sung announced today in his New Year Address that the company targets new orders of $29.7bn this year, up 52% from last year's $19.5bn. Revenue is aimed at KRW 26.8trn ($25.2bn)...
2013-01-03 10:12:19
Daewoo targets $13bn
Daewoo Shipbuilding & Marine Engineering's president Ko Jae-Ho revealed that revenue target for this year was set up as KRW 14trn (about $13.2bn), 10% higher than 2012, and KRW 2.5trn for family companies from his New Year's address. Also, the Kor...
2013-01-03 07:33:40
Samsung stress "Cost-Quality"
Park Dae-Young, president of Samsung Heavy Industries, emphasized 'cost reduction' and 'quality management', saying "Minimizing waste is as important as optimizing design and improving building method," while his New Year's address on January 2. H...
2013-01-03 06:06:33
Korea ship export 30%↓
Korea's total export of ship-type product has declined by 30% in 2012, which is predicted to slightly increase in 2013, year-on-year. Korea's total ship export has decreased by 29.8% to $39.7bn in the full 2012, down from $56.6bn in 2011, accordin...
2013-01-03 06:02:58
Orders to edge up
Global shipyards are expected to see a slight increase in new orders this year, but would not surpass the base-effect level against last year. According to POSCO Research Institute on January 1, shipbuilding industries are to see continued poor or...
2013-01-02 06:54:35
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