Shipbuilding
CSIC: Not pursuing DWT any more!
The deadweight of a semi-submerged offshore project was just 40,000tons but the value reached $650m. The deadweight of a VLCC achieved as large as 300,000tons but the value was just $100m. Obviously the deadweight and output should not be the sole pu...
2011-02-24 11:45:15
Samjin delivers two bulkers
Korea's Samjin Shipbuilding Industries made deliveries for two 33,500-dwt log bulk carriers this month, showing a stable production capacity. The first unit named 'TPC Longview' was sent to its shipowner, TPC Korea Co., on 16th and the second nam...
2011-02-24 09:47:48
Samsung shoots $7.2bn new orders
Korea's Samsung Heavy Industries seems to have already secured $7.2bn in new orders likely to be placed at Samsung this year, which corresponds to 63% of this year's new order target. Roh In-sik, president of Samsung said yesterday, "Samsung targ...
2011-02-24 07:36:04
Shipbuilding eyes 1000 patents era
Despite the new order drought since the global financial crisis in 2008, Korea's shipbuilders have continuously been putting efforts into technology development. As a result of those efforts, the number of patent applications increased dramatical...
2011-02-24 07:31:32
Shipbuilding for economic development
China cut about $20bn a year from its dry bulk transport costs compared with the market highs of a few years ago, justifying investment in its shipyards. Hellenic Chamber of Shipping president George Gratsos said: “The interest of national econo...
2011-02-24 06:33:15
Dalian-shipbuilding parks on development
The recent delivery of the first newbuilding of Cosco's Dalian shipyard in China shows that three shipbuilding industrial parks have been formed in Chang xing dao, Da lian wan and Lv shun regions in Dalian. Some world-class shipbuilders have recent...
2011-02-23 13:00:48
Keen competition among Asian yards
Most of world' shipowners have not been able to place newbuilding orders over the last two years due to the global financial crisis, putting shipbuilders into new order drought. Also, as the global shipowners are increasing their expectation for ...
2011-02-23 12:30:36
Ultra-boxships dominate market
Ultra-large containerships are expected to lead the newbuilding market for some time as Korea's Daewoo Shipbuilding & Marine Engineering has recently won 10 containerships of 18,000 TEU worth KRW 2trn ($1.8bn) from the world's largest liner, Denmark'...
2011-02-23 10:02:25
Hanjin resells boxship
Korea's Hanjin Heavy Industries & Construction announced yesterday that it canceled the newbuilding contract for one containership received on 3rd March 2005 because of shipowners' fail to pay deposit. And the yard resold the canceled ship to a t...
2011-02-23 07:55:32
Hyundai-Gunsan storms upward
Korea's Hyundai Heavy Industries-owned Gunsan shipyard, which had undergone difficulties in new order intake in the wake of the global financial crisis, has begun to regain vitality. The yard has obtained 14 ships so far this year while won only t...
2011-02-23 07:46:35
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