Shipbuilding
Korean ship export plunges
There is a speculation that South Korea's ship exporting faces crisis, three years after global financial crisis. Ministry of Knowledge Economy said on October 6 that export of ships and offshore plants was $3.138bn in September, plummeted by 32....
2011-10-06 13:00:27
Kawasaki eyes boxship order
Japan’s Kawasaki Heavy Industries (KHI) plans to return to containership building after a ten year absence with a new design. KHI believes it can overcome the domination of the sector by the South Korean rivals. The yard told financial daily...
2011-10-06 07:32:12
Vinashin wins 20-ship order
Vietnam's state-owned shipbuilding group Vinashin clinched a deal to build 20 ships for national owner Vinalines The two companies have signed a contract to boost Vinalines’ fleet, state media reported, without giving financial details of the d...
2011-10-06 07:26:10
'Marine Week' around the corner
The International Shipbuilding & Marine Equipment Show 2011 (Marine Week 2011) is held at Bexco, Busan in South Korea during October 26-29. Marine Week is made up of three exhibitions, KORMARINE, NAVAL & DEFENCE and SEA-PORT. This year would be...
2011-10-06 06:40:39
Big3 massive drops
South Korea's Big3, Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering, had a big drop in newbuilding order during July-September this year. Market player said on October 5 that overall newbuilding ord...
2011-10-05 11:32:49
Yangfan wins 76K BCs
China's SITC has made its first foray into the dry bulk sector as an owner, having reportedly placed a newbuilding order for five 76,600 dwt panamaxes with Yangfan Group shipyards. A newbuilding broker said the acquisition of the vessels, which ar...
2011-10-05 07:41:50
Big3 fog up for 2012
South Korean shipbuilders' safe target achievements being forecast, worries over 2012 shipbuilding market are spreading. Worldwide newbuilding order dropped as nearly as 20% by global financial crisis, however, major Korean shipbuilders have made...
2011-10-05 06:44:43
China keeps growth
Chinese shipbuilding industry is keeping a steady growth this year. China Association of National Shipbuilding Industry (CANSI) recently announced Chinese shipbuilding performance during January-August this year. CANSI revealed that China is i...
2011-10-05 06:40:19
Tsuji wins LNG-powered MPPs
Norwegian ro-ro operator Nor Lines has booked up to four LNG-powered newbuildings in China. Bergen-based Nor Lines, part of Norway’s DSD group, has placed the contract at Tsuji Heavy Industries, it says in a statement. The company has opted...
2011-10-04 07:13:05
Japan sales downturn
Japanese shipbuilding industry is revealed to have made a downturn in revenue last year for the first time in eight years. According to recent statistical data from Shipbuilding Association of Japan, overall revenue from 19 member yards in 2010 wa...
2011-10-04 06:24:52
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