Shipbuilding
Russian shipbuilding grows fast
The rate of growth in shipbuilding industry of Russia in 2010 is projected at 103.2%, and in the period 2011-2013 the development of shipbuilding is expected at not less than 104-105%, the Russian Ministry of Industry & Trade year-end data said. T...
2010-12-30 09:29:52
German deliveries slump in 2010
Struggling German shipyards delivered far fewer new ships in 2010 than they have for many years, conceding further market shares to Asia and themselves completing just 30 newbuildings of 783,500 gt. The 2010 figure compares to 44 ships in 2009 and...
2010-12-30 09:25:55
Ouhua wins max 16 MPP vessels
China's Zhejiang Ouhua Shipbuilding has won an order for eight 31,000-dwt multipurpose vessels for delivery between January and August 2013 from Hong Kong's Swire group’s deep-sea shipping arm, China Navigation Company. The contract, which is v...
2010-12-30 09:08:46
2010 Top 10 News
■ Big 3's golden section in three indicators Korea's and world's big three shipbuilding companies evenly shared the No.1 position in three shipbuilding indicators; Daewoo Shipbuilding & Marine Engineering for new orders, Hyundai Heavy Industries f...
2010-12-30 07:41:02
Rongsheng: How to spend $18bn?
In this year, China’s Rongsheng Heavy Industries Group has collected over CNY120bn ($18bn) through bank credit line and IPO. CFO Wang Shaojian of Rongsheng thought shipbuilding was featured with periodicity and the overcapacity became more seri...
2010-12-29 11:39:31
CSBC to win Evergreen 8,000TEUs
According to report from Taiwanese media, CSBC was expecting a turning point on newbuilding orders with compatriot Evergreen! As is revealed, Evergreen and CSBC had reached agreement on ten-unit 8,000TEU boxships. The contract would be signed soon...
2010-12-29 11:08:11
Hyundai ship orders soar 800%
Korea's Hyundai Heavy Industries disclosed through a public announcement yesterday that its total sales in November this year were estimated at KRW 2,235.8bn ($1.953bn), which was a 26.75% increase compared to the same period of last year. The com...
2010-12-29 09:41:37
CSBC forecasts higher turnover
The new chairman of Taiwan’s largest shipbuilder CSBC Corporation forecast that the corporation will post a turnover of NT$30 billion (US$1 billion) in 2011, about NT$4 billion more than this year. Tan Tai-ping, who assumed chairmanship of CSBC ...
2010-12-29 08:43:34
Vinashin to deliver 64 ships
Vietnam Shipbuilding Industry Group said it will complete a total of 64 ships this year as it strives to “regain its prestige and brand.” The group handed over 22 ships worth $241 million in the first eight months of the year, it said in an e-...
2010-12-29 08:37:11
Hyundai to stay in high margin
Korea's Hyundai Heavy Industries is seen to keep relatively higher margins than its rivals' all the way to next year. Goldman Sachs, a full-service global investment banking and securities firm, revealed Monday, "Hyundai is increasing high-margin...
2010-12-29 07:07:45
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