STX accelerates integration: STX Europe delists
STX Corporation, South Korea’s business group, plans to maximize the synergy between its shipbuilding bases in South Korea, Europe and China with the delisting of STX Europe (former Aker Yards). STX on February 10th said that Oslo Stock Exchange...
China's shipbuilding orders may halve in 2009
New orders of China's shipbuilding industry in 2009 are expected to fall nearly 50 percent from 2008 to as low as 20 million deadweight tons (DWT), according to the China Association of the National Shipbuilding Industry (CANSI), an industry associat...
Boxship orderbook shrinking
The total capacity of containerships on order worldwide has declined to 6.1 million TEU, comprising 1,147 vessels, as of 1 February, 2009, according to figures compiled by AXS-Alphaliner News. Claimed as being the lowest level over the past 16 months...
CSIC newbuilding completion surged in 2008
According to local Chinese newspaper reports, it seems that the country's major state-run shipbuilding group China Shipbuilding Industry Corp. (CSIC) has completed a total of 4.21 million dwt worth of newbuildings in 2008. Dalian Shipbuilding Ind...
New Plan for Russian shipbuilding
The Russian government plans a massive development of new civil vessels and offshore oil installations. To achieve that, several new federal shipyards need to be built. Minister of Industry and Trade Viktor Khristenko believes the powerful Russian...
Shipbuilders eye cleaner leader
South Korea, the world’s No. 1 shipbuilding nation, plans to be ‘the global leader of green shipbuilding and marine engineering age in 2020’. As much as seven shipbuilding enterprises of the country are among the top 10 shipbuilders in the w...
Half will be gone: Chinese shipbuilders
As newbuilding orders at Chinese shipyards have been cancelled, some are worried about that 40-50% of the Chinese shipyards might close down in a year. It seems that currently Chinese shipbuilders are rushing into extremes when compared to the last y...
2008 Top 10 Chinese Shipbuilding Enterprises
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Chinese shipyards see sharp drop in orders in 2009
China State Shipbuilding Co and other Chinese shipyards are expected to see a significant drop in new ship orders in 2009 for the second straight year as the global financial crisis takes a toll on the once booming sector, the Shanghai Securities New...
Samsung names four Q Max
Samsung Heavy Industries said Monday it held a naming ceremony for four 266,000m³ LNG carriers at the same time, the largest LNG ships in the world, ordered by Qatargas. The ships were named AL MAFYAR, AL MAYEDA, AL GHASHAMIYA and MEKAINESS on th...
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