Shipbuilding
Hyundai vs. Samsung: ding-dong race
S. Korea's two shipbuilding giants - Hyundai Heavy Industries and Samsung Heavy Industries - are in a very acute competition to occupy the world number one position. Samsung scored 8.206m CGT in orderbook at the end of February this year, getting...
2011-03-23 23:38:37
China pushing for green-ships
Newly emerged shipbuilding powerhouse, China, is working at developing eco-friendly vessels. Miu Gao-ping, the manager of Shanghai Society of Naval Architects & Marine Engineers, asserts that Chinese ships are still behind rivals' ones from ship...
2011-03-23 11:00:52
IHC Merwede expands capacity
IHC Merwede, the Dutch specialist shipbuilder, is negotiating new acquisition loans and is prepared to sell nearly half the company to outside investors as it eyes "sizeable" takeovers to fuel future growth. IHC's president said that the firm, whi...
2011-03-23 07:32:49
Order value hits peak
The combined newbuilding order value for the full month of February came to $10.1bn, making record highs since September 2008 when it hit $11bn. Korea's Daewoo Shipbuilding & Marine Engineering was awarded 10 boxships of 18,000 TEU from AP Moller...
2011-03-22 22:27:23
Hyundai Mipo wins $460m orders
S. Korea's Hyundai Mipo Dockyard announced yesterday it has won eight newbuilding orders including two options, which totals around $460m, from Seoul-based Hi Investment Bank (Hi-IB) and Saudi Arabia's state-run shipping company, NSCSA, during this m...
2011-03-22 22:25:03
Bharati-Apeejay JV yard on ice
Bharati Shipyard's joint venture to build ships with higher tonnage in West Bengal and Orissa has been put on hold due to uncertain demand for such vessels and land acquisition issues, a senior official said on Friday. In 2007, Bharati had signed ...
2011-03-22 07:04:58
Samsung No.1 again
S. Korea's Hyundai Heavy Industries handed over the first position for orderbook to Samsung Heavy Industries one month after it regained the number one position in six months at the end of January this year. According to the Clarkson Research Ser...
2011-03-22 01:29:06
Jiangsu into global shipbuilding base
Jiangsu province is the number one shipbuilding base in China in terms of scale, production capacity, ship types and ship-equipment industry, etc. The shipbuilding industry of this area has grown three times over the last five years with an annua...
2011-03-22 01:28:19
Hyundai shoots 10 9,600TEU's
S. Korea's Hyundai Heavy Industries has just won six new boxship orders. The yard announced today it has signed a newbuilding contract with Germany's Hamburg Süd to build six 9,600-teu boxships worth KRW 800bn ($711m) in total. The contr...
2011-03-21 11:21:18
Samjin delivers 20th ship
Korean shipbuilder ‘Samjin Shipbuilding Industries Co., Ltd. (SSI, CEO: Young IL Kang)’ located in Weihai, China delivered the DWT 33,500 Log/Bulk Carrier to shipowner ‘Interorient Navigation’ on 18th March, 2011. The newly delivered vess...
2011-03-21 10:19:20
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