Shipbuilding
Oshima into New Vietnam yard
Japan's Oshima Shipbuilding Group has agreed to construct a 180 million USD shipyard in Khanh Hoa, a province of Vietnam, located in the South Central Coast, according to Nguyen Chien Thang, Chairman of the Khanh Hoa Provincial People’s Committee. ...
2012-03-08 07:40:57
China-Korea: Comparative analysis
Chinese yards have played a good game in commercial ship market with low labor cost, abundant resources, while South Korean rivals are recently making profits from high-value ship and offshore market with high-end technology. As Chinese government...
2012-03-08 06:50:16
Chinese Afai-Damen win ferry
Liuzhou Yinliu Hotel Management Co. Ltd. (China) has ordered a Damen Ferry 3508 with Afai Southern Shipyard (China). The DFe 3508 is a 35m Aluminium Luxury Sightseeing Ferry and is designated for the municipal government of Guangxi Liuzhou. As Li...
2012-03-07 08:15:47
Mitsui ME-GI Demo
Mitsui Engineering & Shipbuilding Co., Ltd. ("MES" with president Mr. Yasuhiko Katoh) will hold a demonstrational operation for electronically-controlled gas injection diesel engine ("ME-GI") in cooperation with Mitsui OSK Lines, Ltd. (with president...
2012-03-07 07:52:29
Korea 'Exclusive No.1'
It is estimated that South Korean shipbuilding industry had the largest orders contracted in February, since August 2011. According to Clarkson, Korean shipbuilders contracted a total of 29 vessels (0.96m cgt) of $3.3bn in February, way ahead of C...
2012-03-07 07:07:45
Daewoo eyes 160K LNGC deal
Greek owner Almi Tankers is said to have moved closer to ordering its first LNG carrier after its favoured shipbuilder, Daewoo Shipbuilding & Marine Engineering, offered it a slot for delivery for year-end 2014. Sources close to the newbuilding pr...
2012-03-06 07:34:21
Chinese hit rock bottom?
While Chinese shipbuilding industry is heading for a recession, its newbuilding price index also shows downtrend. Recently, China Newbuilding Price Index (CNPI) stood at 923p, down by 0.5% - dry bulk vessel price index CNDPI decreased by 0.7% to 8...
2012-03-06 07:05:57
'Stability' rather than 'Change'
Having a general meeting of stockholders ahead this month, most of the major shipbuilders in South Korea would likely to re-appoint current chief executives and choose a path of 'stability', rather than 'change'. Sources said on March 5 that four ...
2012-03-06 06:59:14
Hyundai rakes in VLGC orders
Hyundai Heavy Industries wins the third VLGC order since the beginning of this year. Solvang has splashed out on another VLGC at the Korean yard. The Oslo-listed company has exercised an option for a 84,000-cbm vessel at Hyundai. Solvang d...
2012-03-05 07:33:05
JFE, IHI yards merger eyes Big
JFE Holdings Inc. and IHI Corp. will seek to increase sales of their combined shipbuilding units by about 30% in five years. The units, set to be merged on Oct. 1, will target annual revenue of 500 billion yen ($6.2 billion) by 2017, Shinjiro Mis...
2012-03-05 07:18:02
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