Hanjin more vulnerable due to boxship focus
Hanjin Heavy industries and Construction perhaps had a more difficult year than its peers at least in terms of new orders. By mid-September the shipyard had achieved just 31% of its 2008 order target of $4bn. Then, of course, newbuilding orders virtu...
Korean suffer most order cancellations
Korean shipyards topped a list of newbuilding cancellations, at 194 ships. Research from Norwegian classification society Det Norske Veritas estimated that more than 19.2m dwt on order at South Korea’s yards would not be built, representing 39....
Danaos delays delivery of 15 boxships
Greek owner/operator Danaos Shipping has delayed the delivery dates for its 15 containership newbuildings currently under construction at China's Jiangnan Changxing Heavy Industry and South Korea's Hanjin Heavy Industries & Construction (HHIC). Danao...
Hyundai launches Zaliv Aniva tanker for PRISCO
Hyundai Heavy Industries has launched the Zaliv Aniva tanker built for Primorsk Shipping Corporation (PRISCO Group). According to the Group’s release, the vessel is the last in the series of six 100,000-dwt tankers bearing the names of Far East...
Bangladesh exports MPP vessel
Bangladesh, for the first time, is going to join multipurpose ship exporting countries by handing over a ship named 'Stella Moon' to the Danish government on May 10. Ananda Shipyard and Shipways Ltd (ASSL), one of the premier shipbuilding companie...
Cosco continues to adjust contracts
The roll of newbuilding cancellations and delays at Cosco Zhoushan has continued with a contract for three more bulkers adjusted yesterday. Parent Cosco Corp (Singapore) says one supramax has been axed and delivery of a 57,000-dwt brace has been p...
10% of bulkers on order cancelled
The global financial crisis has seen nearly 500 vessels on order at the world’s shipyards cancelled, including about 325 bulk carriers, 9.6% of bulk tonnage on order. Norwegian classification society Det Norske Veritas, in its latest research e...
Ukraine backs shipbuilding in the crisis period
At its session the Government will consider a topic of complex support of shipbuilding in Ukraine. The Prime Minister of Ukraine Yulia Tymoshenko (pictured) said during the Government’s session. So, according to Yulia Tymoshenko, the Gov’t...
Zaliv Shipyard quality ensured by testing
Performance standard of protective coats (PSPC) for ballast tanks adopted by the International Association of Classification Societies is aimed to the increasing of reliability and effectiveness of anticorrosive protection of steel structures. One of...
Ukraine resumes support for shipbuilding
The Cabinet of Ministers has approved a targeted national program for development of the Ukrainian shipbuilding industry in the period of 2009-2035. Industrial Policy Minister Volodymyr Novytskyi announced this to journalists. According to Novytsk...
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