Shipbuilding
Hyundai focus on Sustainability
Hyundai Heavy Industries' President Lee Jai-Seong announced during a ceremony to close out the business year on December 31, "Although tremendous efforts should be needed to overcome recent economic crisis, I am sure that if we take current difficult...
2013-01-02 06:38:10
HMD target $3.2bn
Hyundai Mipo Dockyard has targeted its new order and revenue for 2013, according to its regulatory filing on December 31 2012. The Korean shipbuilder has aimed $3.2bn and KRW 3.6trn (about $3.4bn) for its 2013 new order and turnover, with KRW 48.5...
2013-01-02 05:56:45
DSME "Rosy in 2013"
Daewoo Shipbuilding & Marine Engineering of Korea is to see better profitability and positive order activity in 2013. Analyst Lee Ji-Hoon of SK Securities said "In 2012, with majority of orders from offshore plant, Daewoo has exceeded its previous...
2012-12-31 06:53:13
Hyundai to win 14,100TEUs
At the beginning of 2013, Hyundai Heavy Industries is forecast to win a newbuilding contract for 14,100TEU containerships from New York-listed Canadian shipowner Seaspan. Industry sources report the deal would be signed at the very first month of ...
2012-12-31 06:46:18
Chinese 38% fail to win
Around 38% of Chinese yards have failed to win a single new contract in 2012 and about 10% of Chinese have no orders for delivery beyond 2012, says ICAP Shipping Research. However, more than 90% of Korean shipbuilders have scheduled deliveries bey...
2012-12-28 11:05:33
Koreans fought up well
Global shipbuilding market is struggling, only a total of 999 newbuildings of a combined 39.9m dwt/18.8m cgt (Clarkson's data) having been contracted during the first 11 months of this year, plunged by 47% year-on-year, in dwt terms, the lowest recor...
2012-12-28 07:25:18
STX France wins cruiseship
MIAMI, Dec. 27, 2012 - Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) announced today that it has executed a contract with STX France to construct a third Oasis-class vessel for delivery in mid-2016. This order is consistent with the plan announced b...
2012-12-28 07:17:04
India eyes 5% share
India aims to have a five per cent global market share in shipbuilding by 2020, Shipping Minister G K Vasan said. Vasan said the government has mooted plans to develop ancillary units for the ship building sector. Indian shipbuilding industry i...
2012-12-28 06:53:45
Chinese win least orders
Chinese shipbuilders contracted overall 620,000-dwt newbuildings in November of this year, plunged by 84% year-on-year, according to the China Association of National Shipbuilding Industry (CANSI)'s latest report. November has recorded the lowest ...
2012-12-27 07:16:04
Big3 attain 80% target
Korean Big3 shipbuilders' total new order contracted is estimated to be remained at around 80% of overall yearly target for 2012 from in shipbuilding, offshore and plant sectors, on the base of Asiasis data. Meanwhile, in case of large-size offsho...
2012-12-27 06:58:25
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