Shipbuilding
Rongsheng: Never regret!
Chen Qiang, who was Chairman of Jiangsu Rongsheng Heavy Industries Group, had abundant experience of shipbuilding. Five years ago, he established Rongsheng with his great ambitions. Nowadays, Rongsheng became China’s largest private shipbuilder and...
2011-02-17 14:29:10
Japan permits 20 ships
Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has reported that the total of the newbuilding permits during the January of 2011 came to 20 ships of 970,000 GT, falling short of 1m GT for the first time in two years and six mo...
2011-02-17 12:41:27
Korean runnig first by high-tech
Korea's shipbuilders fell behind Chinese rivals in terms of new orders and deliveries during the January of 2011. However Korean yards are to stretch out differentiated new order strategies centering on eco-friendly and high value-added ships bas...
2011-02-17 07:50:50
Sungdong to deliver 100th
Korea's Sungdong Shipbuilding & Marine Engineering is going to deliver its 100th newbuilding this month. The yard made its first delivery in February 2007 and will complete building the 100th bulker by the end of the month to deliver to a Greek ...
2011-02-17 07:39:52
Seaspan waiting to order 10,000TEU's
Seaspan is close to placing an order for a series of 10,000 teu boxships. But prices would have to fall by another 5% or so first before the shipowner is ready to go ahead, said chief executive Gerry Wang. The company does not want to pay more tha...
2011-02-17 06:36:07
China to deal with oversupply
Everyone was talking about oversupply but nobody could tell how oversupply was specifically. The oversupply of Chinese shipbuilding industry was related with not only itself but also the growth of global shipping trade in future. Currently, China,...
2011-02-16 12:50:25
Chinese new orders hit 167 in Jan
In January, the newbuilding price of Chinese tankers and bulk carriers both dived while Panamax boxship showed slight rise. The amount of Chinese newbuilding orders reached 167 units, increased by 7.05% against a month earlier. The bulk carrie...
2011-02-16 12:23:31
COSCO: To enter Chinese top club
There is a small nameless island in Dalian of China but it might become well-known as a ship launched. A deep sea drilling ships was being built in a 300,000tons dock of COSCO Shipyard on the island. The value of the ship reached over $500m. It was s...
2011-02-16 11:49:42
IHI wins a newbuild
Japan's IHI announced yesterday that IHI AMTEC under the umbrella of IHIMU has won one marine environment vessel from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The newbuilding contract was singed last month for about JPY 1bn ($...
2011-02-16 11:13:34
Japan's new orders of Jan. hit peak
Japan Ship Exporter's Association (JSEA) reported yesterday that Japan's export ship orders during the January of 2011 hit the peak with 28 ships totaling 1.5m GT for the first time in seven months since last June when they made the highest record si...
2011-02-16 10:50:11
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