Shipbuilding
Where is next bull market?
Experiencing depression during 2009 and slight recovery in 2010, at the beginning of 2011, on the context of oversupply and shipping recession, the ‘golden industry’ would rise or fade? Xiao Jun, who was General Manager of Wuhu Xinlian Shipbui...
2011-02-25 13:11:38
Korean focuses on eco-ship tech
Korea's shipbuilding industry plans to arm itself with eco-friendly ship technology to increase the gap with Chinese rivals and to return to the world's first position this year. Choi Jung-kyeong, secretary of Korea's Ministry of Knowledge Econo...
2011-02-25 12:45:40
Yangzijiang and CSBC deepen cooperation
As is reported earlier, China’s Yangjiang Shipbuilding signed memorandum agreement with Taiwanese CSBC on October 28th 2010. Currently Chairman Ren Yuanlin of Yangzijiang Shipbuilding expressed more details of cooperations. Both parties were neg...
2011-02-25 12:36:57
Korean speeding up new orders
Korea's shipbuilders have been accelerating a new order rally to meet their new order target, centering on high value-added ships since the beginning of the year. The combined new order target for this year of Korea's top seven shipyards has bee...
2011-02-25 07:48:32
Daewoo hopes another 10 boxships
Korea's Daewoo Shipbuilding & Marine Engineering seems to obtain optional 10 boxships of 18,000 TEU with ease from Denmark's AP Moller-Maersk no later than May. Nam Sang-tae, president of Daewoo remarked in the CEO's meeting of the shipbuilding i...
2011-02-25 07:44:55
Chinese upgrade shipbuilding-tech
Chinese shipbuilders, who used to flood the market with a huge amount of newbuildings, are increasingly moving to high value-added ships that require high technology, threatening Korean counterparts. China's Yangzijiang Shipbuilding is the strong...
2011-02-25 07:39:18
German yards win cruise orders
German shipyard Blohm+Voss (B+V) secured work worth upward of $25m to modernise Crystal Cruises’ 2003-built flagship Crystal Serenity. Another German yard Neptun Werft won an order from A-ROSA to build two more river-cruise vessels. Crystal ...
2011-02-25 07:31:17
Yangzijiang inks 4,800TEU ships
China's leading privately owned shipyard Yangzijiang Shipbuilding announced it has won orders for two 4,800-teu boxships and two 10,000-dwt bulkers for $147.4m in total. The newbuildings are set for delivery in 2012 and 2013, and the 4,800-teu pai...
2011-02-25 07:01:39
TS Lines to order 4,700TEU's in Korea
Taiwan's TS Lines is reportedly in the final stage of negotiations with unidentified Korean shipyard to build three 4,700-teu containerships. It is also in discussions with compatriot shipbuilder CSBC to build additional 1,800-teu boxships. TS ...
2011-02-25 06:53:44
Spring comes?
Question: The spring of shipbuilding was coming or not yet? Experts thought the new orders had returned to the level of 2006, which was the beginning of last flourish round. The ship price was rebounding after it touched bottom. The shipbuilding i...
2011-02-24 12:11:02
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