Shipbuilding
China aims $12bn investment in LNGCs
China will need up to 60 new liquefied natural gas carriers worth in the region of $12bn between now and 2020 to meet energy goals set out in the Twelfth Five-Year plan, according to a SinoShip LNG White Paper on July 10. There will be a minimum of f...
2012-07-11 06:44:46
China's marine equip export grows
China's marine equipment export appears to make a steady increase during the first five months of 2012. On the other hand, total amount of export and import declined by 4.5% to $2.97bn year-on-year. According to the General Administration of Custo...
2012-07-11 06:23:34
Korea's No.1 Competitiveness (Ⅱ)
Background & Driving Force (2) Secondly, without the Korean government's strong policy support, conglomerates' active participation would have been no use. In 1970s, shipbuilding market had continued to suffer from depression after the first Oi...
2012-07-11 06:20:39
Korea's No.1 Competitiveness
Background & Driving Force ASIASIS publishes Ph.D. Ji Kyu-Uk's series of contributions about 'Competitiveness of Korean Shipbuilding Industry' and hope to have your kind attention. He is a great authority in Korean shipbuilding with his career sta...
2012-07-10 07:05:18
Chinese bankruptcy domino
In a recent statistical report from the China Association of the National Shipbuilding Industry (CANSI), China's newbuilding delivery, new order and orderbook, in the first five months of this year, decreased by 10.1%, 47.3% and 27%, respectively yea...
2012-07-10 06:53:59
Oshima pens 38K Eco BC
Oshima Shipbuilding of Japan has penned an order for one 38,000-dwt bulker from Danish owner Ultrabulk, with one additional option more. The vessel is due for delivery in 2014. This is the first time since 2007 that Oshima revealed its new orde...
2012-07-09 09:06:04
Cosco, "Difficulties continue"
Cosco Corp (Singapore) has admitted it is struggling with the shipping downturn but denies claims it has rescheduled a rig building contract with Sevan Drilling. In a statement Cosco said, “The company recognises that business conditions have r...
2012-07-09 07:20:59
Changxing inks kamsarmax pair
China's Shanghai Jiangnan-Changxing Shipbuilding appears to have contracted for two 82,000-dwt kamsarmax bulkers, for delivery in June and September 2014, with Taiwan's Sincere Navigation. The bulker and tanker owner is paying $27m each for the ne...
2012-07-06 12:28:50
Hyundai wins 4 LPGCs
Hyundai Heavy Industries appears likely to put a pen for Negmar Denizcilik‘s ammonia/LPG orders. Gas players said the Turkish owner has commissioned Hyundai to build two 38,000-cbm ammonia/LPG carriers — with an option for another pair ...
2012-07-06 12:00:43
H1: New order cut in half
The first half of 2012 has seen a decrease in global newbuilding investment by over 50%, year-on-year. During the same period, Korean shipbuilders contracted around $14bn, against Chinese having inked $6bn. However, Korean new order lower by 63%, co...
2012-07-06 10:08:58
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