Shipbuilding
Chinese large-scale restructuring
Chinese shipbuilding industries are standing on the edge of the precipice, suffering from plummeted new order and financial difficulties. Chinese shipbuilders' overall new order contracted for the first six months of this year was cut by over a ha...
2012-09-10 06:09:26
Shell eyes 20 MRs
Global shipowners are being offered to build a series of up to 20 MR products carriers in Korea for charter to energy major Royal Dutch Shell. Industry sources say the project called “Project Silver” is for 10 MR PCs of 50,000 dwt with an opti...
2012-09-07 11:33:44
STX to win 20,000TEUs?
Rumors are circulating that STX Offshore & Shipbuilding could soon to win an order for mega-containerships of up to 20,000TEU class. This year ultra-large containership orders have almost ground to a halt but many industry players believe that box...
2012-09-07 10:57:35
H1 orders down 47%
A total of 821 vessels of a cumulative 16.76m gt were contracted in the world, during the first six months of 2012, which declined by 47% year-on-year, in GT terms. According to IHS, the first quarter saw 9.9m gt orders contracted while Q2 slightl...
2012-09-07 06:39:57
Korean ship exports dive
Korea's ship export is limping by direct influence from depressed European economy. According to the Ministry of Knowledge Economy on September 6, ship-related products' total export in August totalled $2.82bn, down by 34.2% year-on-year. Incre...
2012-09-07 06:34:50
Korea pens only six
Korean shipbuilding industries' new order for August recorded the lowest in 2012. In a recent report from Clarkson, Korean shipbuilders only contracted six newbuilding Medium-range product carriers of a cumulative 0.15m cgt ($202m) in the last mon...
2012-09-07 06:28:30
Jiangzhou pens six MPPs
China's Jiangzhou Union Shipbuilding signed a newbuilding contract for six 8,500-dwt multi-purpose vessels with Swiss owner in Hamburg, Germany, on September 4. Germanischer Lloyd (GL) will class the newbuildings, 122.2m in length, 19.8m in breadt...
2012-09-06 14:25:58
Hyundai builds efficient 13,800TEUs
Hamburg: A collaboration involving APL, Hyundai Heavy Industries and DNV has resulted in a hull design that will make APL’s 10 new ultra large container ships some 20 per cent more fuel efficient per TEU compared with existing designs. The desig...
2012-09-06 07:34:16
CSSC orders double
China CSSC Holdings, the Shanghai-listed flagship unit of China State Shipbuilding Corp, saw its new orders for the first half of this year increased more than double from that in H1 2011. During the first half of the year, on stand-alone basis, C...
2012-09-06 06:38:56
Big3 may miss target
Despite active investment in offshore plant, Korea's Big3 shipbuilders/offshore plant fabricators may miss their 2012 new order targets, due to depressed ordering for commercial ship. Sources said that Daewoo Shipbuilding & Marine Engineering fill...
2012-09-06 06:34:28
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