Shipbuilding
Bharati plans more yards eastward
India's Bharati Shipyard proposes to build more shipyards on the country's east coast. The company now has six shipyards, five of them on the west coast and one on the east (Kolkata). “Depending on the availability of land, we would like to ...
2011-02-21 07:22:51
Vinashin to review business by mid-year
Vietnam Shipbuilding Industry Group, the state-run company known as Vinashin, plans to present a KPMG LLP report on its business to creditors by mid-year after it missed a payment on a dollar-denominated bank loan. “The business review will help...
2011-02-21 07:08:12
China aims to retain No. 1
China's shipbuilding industry intends to maintain its current global market share of 40 percent during the next five years, said Zhang Guangqin, head of the China Association of the National Shipbuilding Industry. "To keep such a market share is ...
2011-02-21 07:01:25
STX pens Mitsubishi BC's
Japanese trading company Mitsubishi Corp is said to be behind a quartet of 83,000-dwt bulker newbuildings booked at Korea's STX Offshore & Shipbuilding. They will be constructed at STX’s Jinhae shipyard and are due for delivery from the second ...
2011-02-21 06:27:55
Daewoo wins 10 18,000TEU's
Korea's Daewoo Shipbuilding & Marine Engineering has just won the second largest-scale order in history. According to industry sources today, Daewoo has signed a newbuilding contract with the world's largest container line, Denmark's A.P. Moller M...
2011-02-18 15:37:00
Shanhaiguan wins Pax. series
China's Shanhaiguan Shipbuilding Industry, wholly-owned by CSIC, has clinched a new contract to build up to eight 76,000-dwt bulkers from compatriot shipowner Greathorse Shipping. The order is for four firm ships plus four options. The owner sa...
2011-02-18 14:47:36
Chinese ship export to hit $50bn in 2011
According to customs statistics, in 2010 Chinese ship export value broke through $40bn for the first time at $40.3bn, rising by 42.07% against a year earlier. The ship import value hit $1.68bn, decreased by 32.39%. The gross im-export value totaled $...
2011-02-18 11:36:34
Chinese Change Course
Chinese shipbuilders overwhelmed Korean counterparts in 2010 in the aspects of new orders and deliveries, turning into the world's first shipbuilding powerhouse. However, the China Association of National Shipbuilding Industry (CANSI) strongly ex...
2011-02-18 07:37:18
Seaspan eyes ten 10,000TEU's
Boxship owner Seaspan looks to order up to ten new containerships in Asian yards. The New York-listed owner is in talks with “several selected Chinese and Korean shipyards" about ordering 10,000-teu ships with delivery set for 2013 and 2014, ac...
2011-02-18 07:08:34
China: Grand past, hope ahead
According to official statistics, in 2010 Chinese shipbuilding occupied 35% of global market in terms of output, new orders and orderbook. Chairman Zhang Guangqin of China Association of the National Shipbuilding Industry indicated that the perfo...
2011-02-18 01:16:24
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