Shipbuilding
Boxship newbuild revival signs
There is a shortage in containership tonnage worldwide and newbuilding orders are set to emerge. Howe Robinson Container Index has been rising since early this year. It almost doubled from 357 in March to 651.4 early this month. According to Alpha...
2010-07-30 07:16:08
STX enters Russian shipbuilding
STX Group announced today that it signed a memorandum of understanding (MOU) with Russia's state-owned United Shipbuilding Coproation (USC) on July 26th to help the Russian yard group modernize its shipyard facilities and jointly establish a technolo...
2010-07-29 11:41:31
Chinese face cost soaring
In spite of rich orderbook for the next three years, China’s Jinling shipyard still faces severe challenge, namely cost surging. ‘The shipbuilding industry is influenced by many external factors but the cost price surging is extremely importa...
2010-07-29 07:11:34
Taizhou: Bye to huge profits time
Currently Taizhou is one of the largest private shipbuilding bases in China. As a result, the people in Taizhou really focus on ship market trend, just as they concentrate on other investing market like real estate. Several years ago numerous Tai...
2010-07-29 07:10:06
Sarkozy visits St Nazaire yard
STX Europe subsidiary STX France's Saint Nazaire Shipyard continues to gain the favor of France government and is expanding its business stably. French President Nicolas Sarkozy visited the shipyard on July 23rd to have a look around the shipbuild...
2010-07-29 06:45:48
DSME inks African car ferry
Daewoo Shipbuilding & Marine Engineering has won an order for a Night Car Ferry. The South Korean shipbuilder signed a contract with Tunisia's state-owned shipping company Compagnie Tunisienne de Navigation (COTUNAV) in Tunis on July 26th to build...
2010-07-28 11:57:16
Chinese to face storm?
Recently several Japanese and American large shipyards cut or quit shipbuilding business. Experts just regarded it as an initial signal. The storm is expected to come after 2012. Japanese sources reported on 25th that Mitsubishi Heavy Industries (...
2010-07-28 09:59:58
Chinese output to hit new high
China Association of the National Shipbuilding Industry (CANSI) expressed on July 26th that Chinese shipbuilding output would hit 55m dwt this year, rising by 29.63%. The new orders were expected to reach 35m to 40m dwt, increasing by 34.62% to 53.85...
2010-07-28 09:59:29
Seaspan mulls newbuilding spree
Containership owner Seaspan is prepared to place newbuilding orders worth up to $3bn, but only if shipyards slash their prices and produce far more radical designs. The challenge to the world’s biggest shipbuilders comes from Seaspan chief execu...
2010-07-28 07:26:15
CSSC orders rise
China State Shipbuilding Corp.'s orders improved by a "large extent" from a year ago as the global economy and shipping business recovered, a company executive said. The state-owned company has won orders of about 40 million deadweight tons throu...
2010-07-28 07:20:47
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