Shipbuilding
New orders at 20-month low
Ordinary commercial ship newbuilding orders plummeted to a 20-month low last month worldwide. According to Clarkson Research Services data on August 23rd, new merchant ship orders totalled just 1.58m cgt or 67 ships in July. The order amount is sm...
2011-08-24 07:41:43
ADM eyes kamsarmax
US-based agricultural processor Archer Daniels Midland is considering ordering a number of new kamsarmax bulkers in Japan. One of the world’s largest agricultural processors, ADM, is mulling ordering new vessels but not the 35 it was rumoured to...
2011-08-24 07:18:45
CSSC Huangpu wins 76K BC's
Guangzhou Zhongchuan Huangpu Shipyard has won an order for four 76,000-dwt bulkers. Chinese owner COSCO Hunan has clinched an order for four panamax bulkers at the yard. Brokers said the Hunan-based division of the giant Chinese state owner h...
2011-08-24 06:59:59
Daewoo signs five 13,100TEU's
South Korea's Hyundai Merchant Marine concluded a newbuilding contract of five 13,100-teu containerships with Daewoo Shipbuilding & Marine Engineering on Aug 23. In a signing ceremony, held at Hyundai group's building in Seoul, president Lee Suk-H...
2011-08-23 11:34:38
Japanese ramp up R&D
Newbuilding orders plummeted for Japan’s shipbuilders but they continue ramping up investment in research and development (R&D). A realisation that the country can no longer compete on price has led to a renewed bid to gain a technical edge ove...
2011-08-23 07:33:10
Super-cycle Goes Downhill
Global shipyards are facing a difficult downhill road having reached the summit of the latest shipbuilding super-cycle which lasted over 30 years.
2011-08-23 06:40:20
Samsung Still "Alive"
South Korea's Samsung Heavy Industries is analyzed to be still valid for mid- and long-term order momentum. Researcher Lee Ji-Hoon from SK Securities said, "Short-term newbuilding order is faltering due to slow season, however, exploration and dev...
2011-08-23 06:14:50
Shipbuilding No.1 in export
South Korea's shipbuilding industry rose to major exporting industry, taking the first place in export during H1 2011. Korea Customs Service reports said that semiconductor took 11% and has been in NO.1 by 1995, however, in H1 2011, it was pushed ...
2011-08-22 10:17:08
SWS pens 206K BC's
Greece’s Polembros Shipping has inked up to four 206,000-dwt bulkers at China’s Shanghai Waigaoqiao Shipbuilding (SWS). Polembros confirmed the company has inked in a firm pair of the big ships but other sources suggest the order may include ...
2011-08-22 07:06:01
New Times wins 82K BC
China's New Times Shipbuilding has won an 81,500-dwt bulker order from compatriot Da Tong Shipping. Da Tong currently has a pair of 82,500-dwt ships under construction at New Times’s mother yard, New Century, which, together with its subsidiary,...
2011-08-22 06:45:39
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