Shipbuilding
Rongsheng eyes boxship & offshore
China's Jiangsu Rongsheng Heavy Industries is relying on fresh containership orders to bridge the gap created by a slowdown in tanker and dry-cargo contracts in 2011. Its CFO Sean Wang expects an increase in boxship orders this year in tandem with...
2011-01-07 07:24:12
JNS wins six bulkers
Jiangmen Nanyang Ship Engineering Company Limited (JNS) cooperated with Pacific Basin again, with six-unit 35,000dwt bulk carrier orders signed. According to contract terms, all six bulk carriers will enter LR class, to be delivered from the secon...
2011-01-07 01:30:17
Hakodate's newbuilding order is off
Japan's Namura Shipbuilding announced on 28th December 2010 that a contract for the fourth unit of the four series electricity-fueled coastal ships (7,900-dwt cement carriers) its subsidiary Hakodate Shipyard is now building has been canceled. An...
2011-01-06 14:30:17
HMD names and delivers 500th vessel
Korea's Hyundai Mipo Dockyard Co., Ltd. in Ulsan named and delivered its 500th vessel today since the start of new-building business in 1997. The 500th vessel is named 'EGS Crest' which was ordered by East Gulf Shipholding, Inc., a wholly-owned s...
2011-01-06 11:05:11
HMD names trio, plans to deliver 86
Korea's Hyundai Mipo Dockyard has started a vigorous sailing for 2011 by making the first deliveries of the New Year. The yard revealed that it had a naming ceremony for the second ship, Hull No. 2197, of the four 52,000-ton class product carrier...
2011-01-06 07:16:44
Rongsheng budgets $450m for 2011
On January 4th, Chen Qiang, Chairman of Jiangsu Rongsheng Heavy Industries Group, said the shipbuilding industry would still be the focus of the group in next two years. As energy-saving and emission reduction drew eyes, the offshore business wou...
2011-01-06 01:04:02
Hanjin holds naming ceremony under strike
Korea's Hanjin Heavy Industries & Construction held a naming ceremony for its 180,000-ton class bulker, 'CHRISTINA BULKER´, at Youngdo yard yesterday while the company still struggles in restructuring and general strike. The newly named capesize...
2011-01-05 10:07:19
Sungdong targets $3.53bn orders
Jeong Hong-jun, chairman of Korea's Sungdong Shipbuilding & Marine Engineering, prospected in New Year's speech that shipbuilding market conditions would turn in an upward phase centering on containerships, thanks to a move of abundant amount of liqu...
2011-01-05 07:22:58
Full-scale upturn in 2011
Many prospect an earnest boom would continue this year while Korea's shipbuilding industry has shown an upward trend since last year after struggling in severe recession in 2009. As the shipbuilding market has been reorganized centering on high t...
2011-01-05 06:58:53
Samsung tips cutthroat competition
Roh In-sik, president of Korea's Samsung Heavy Industries, prospected an acute competition between shipbuilders as saying, "because of mushroomed building facilities of each yard in the world, a cutthroat competition is expected between shipyards for...
2011-01-04 11:47:40
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