Shipbuilding
Fincantieri inks cruiseships
July 12, 2012 - Viking Ocean Cruises and Fincantieri, world leader in the construction of cruise vessels, have signed a contract for the construction of two super luxury cruise ships. Representing Viking Ocean Cruises was the company's Chief Execu...
2012-07-16 06:58:13
HMD 'Good Performance'
Hyundai Mipo Dockyard is making a fairly good outcome, considering recently troubled market. Analyst Han Young-Soo of Samsung Securities said, "Cumulative new order year-to-date has grown by 11% year-on-year, which is quite satisfactory performanc...
2012-07-16 06:53:18
COSCO rolls out BCs
The Board of Directors of COSCO Corporation (Singapore) Limited announced that subsidiaries of the Company's 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Dalian) Shipyard Co., Ltd has delivered one bulk car...
2012-07-13 07:26:48
Sungdong secures RG backing
Korean shipyard Sungdong Shipbuilding & Marine Engineering's creditors have finally agreed to provide refund guarantee (RG) for its 10 livestock carriers won in May of 2012, announced the Export-Import Bank of Korea on July 12. On the same day, Su...
2012-07-13 06:56:13
Korea's No.1 Competitiveness (Ⅳ)
Future of Korean Shipbuilding (1) As mentioned above, when considering the establishment of Hyundai Heavy Industries in early 1970s as the starting point of Korean modern shipbuilding engineering, it took about 30 years to reach to the similar lev...
2012-07-13 06:51:38
Hyundai Mipo pens PCTC
Hyundai Mipo Dockyard has clinched a new order for medium-sized pure car truck carriers (PCTC). Greece's Neptune Lines has inked an order for two PCTC newbuildings with the Korean shipyard. The deal includes a provision for two optional additio...
2012-07-12 09:58:46
OSX Brasil to benefit from ships delay
Eike Batista’s OSX Brasil has been tipped to win its first orders from Petrobras as its compatriot shipbuilders struggle to hit delivery deadlines. The yard, which has until now largely won contracts from other Batista companies, could be in th...
2012-07-12 07:39:33
Korea's No.1 Competitiveness (Ⅲ)
Background & Driving Force (3) Thirdly, superior technical professionals in each field contributed a lot to have placed Korean shipbuilding industries at the top. Those talented who had majored in Shipbuilding & Marine Engineering from the end...
2012-07-12 06:45:39
Chinese emerging yards 'optimistic'
While rumors that massive Chinese shipyards will file for bankruptcy in a few years spreading around, Li Sheng, the head of Shanghai-based S&P and newbuilding broker Mainland Shipping, has rather an optimistic view. He pointed out that predictions...
2012-07-12 06:38:44
'Rain' continues for shipyards
Korean industrial prospects turn out to be still negative for the second half of this year as Eurozone crisis continues. The Korea Chamber of Commerce & Industry announced the 'Industrial Weather Forecast for the Second Half of 2012' on Tuesday in...
2012-07-11 10:33:54
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