Shipbuilding
Korea targets $75bn
South Korean shipbuilders, reached about $65bn of new order in 2011, are to go into aggressive sales with a total of around $75bn of order target in 2012, bigger by 15.4% than last year's performance. Hyundai Heavy Industries, STX Offshore & Shipb...
2012-01-05 07:17:40
Europe "indispensable"
A difficult year for Europe and likewise for the shipbuilding industry ended with encouraging signals from European Institutions, which underline the importance of the sector and the respective understanding of policy makers. The Council, the Com...
2012-01-04 08:01:12
China "Order Drought" Crisis
Shipbuilders in China seem to face a new crisis of order drought. According to National Development and Reform Commission (NDRC) of China on 31 December 2011, Chinese builders made a steady growth in 2011, however, depressed shipping market and sharp...
2012-01-04 07:39:15
Midsizes target $10bn
While commercial ship market is to be still clouded with decreasing new order in 2012, South Korean medium-size yards would do business aggressively with overall new order target of around $10bn. Hyundai Mipo Dockyard, booked $2bn in 2011, aims a...
2012-01-04 07:16:01
PNSC eyes LNG carrier
Pakistan National Shipping Corp (PNSC)could order LNG carrier newbuildings, according to press reports in Islamabad. The national government has authorised renewal of the national carrier's fleet, which currently comprises a mixed range of 11 ves...
2012-01-03 07:54:28
Hyundai Mipo aims $3.2bn
Hyundai Mipo Dockyard plans to win $3.2bn new orders this year and achieve revenue of KRW 4trn ($3.46bn). Meanwhile, the South Korean yard revealed that an owner from Liberia delayed delivery of four BC's, inked in July 2008, by one year from Jan....
2012-01-03 07:42:36
Big4 turn "Aggressive"
South Korea's Big 4 made their 2012 new order targets and are to make aggressive moves on offshore/specialized ship sectors. Hyundai Heavy Industries and STX Offshore & Shipbuilding made aggressive targets while Samsung HI and Daewoo Shipbuilding ...
2012-01-03 07:14:13
China Claims Crown
China is claiming that it will keep the crown of the world’s largest shipbuilding nation this year as it races ahead of South Korea in new order terms (DWT). According to figures released by the China Association of the Shipbuilding Trade (CAST)...
2011-12-30 08:04:23
Vinashin delivers newbuilds
Pha Rung Shipyard, under the Viet Nam Shipbuilding Industry (Vinashin), handed over a 34,000-tonne cargo ship and a 13,000-tonne oil-chemical tanker to their owners in the northern port city of Hai Phong. The cargo ship, named Inlaco Express, whic...
2011-12-30 07:48:55
"2011 Top 10 Issues"
■ Big 3 inked $50bn, “Order Boom Alone" South Korea's Big three, Hyundai Heavy Industries, Samsung HI and Daewoo Shipbuilding & Marine Engineering, recorded outstanding new order results totalling about overall $50bn in 2011. However, gap betw...
2011-12-30 07:21:51
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