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Shipbuilding
Mid yards up order targets
Korea's midsize shipyards - Hyundai Mipo Dockyard (HMD), SPP Shipbuilding and Sungdong Shipbuilding & Marine Engineering - have set their new order target for 2011 to the higher level than last year, planning vigorous new order activities. Majori...
2011-01-12 07:11:06
BC orders rebound in 2010
According to statistics from London-based Lloyd's List, global shipowners ordered 682 bulk carriers in 2010, increased by 270 units against a year earlier and just fewer by 196 units against the figure in 2008. The report showed many shipowners held ...
2011-01-11 13:02:57
KOGAS to order five LNG carriers
Korea GAS Corporation (KOGAS) is set to carry out new order talks over four or five LNG ships soon. The soon-to-be ordered newbuildings are supposed to transport 160,000-170,000-cbm LNG from Australia's Gladstone LNG (GLNG). The KOGAS's newbu...
2011-01-11 11:04:42
Taizhou Catic inks Pax. sextet
China’s Taizhou Catic Shipbuilding Heavy Industries has won an order for six panamax bulkers worth at least $180m from an unnamed German shipowner. Catic Beijing, a wing of China National Aero-Technology Import and Export Corp (Catic, now known ...
2011-01-11 08:26:25
Korean stand at advantage
Korea's shipbuilding industry is understood to have the highest competitiveness and to make the best response to market changes compared to its rivals. Lee Seok-jae, researcher at Seoul-based Mirae Asset Securities, revealed that "thanks to a ri...
2011-01-11 07:19:15
Hyundai builds 1st Eco-VLCC
Korea's Hyundai Heavy Industries announced today that it has successfully built and delivered a ballast water treatment system-equipped VLCC. It is for the first time worldwide that a very large crude carrier is equipped with BWTS. The 317,000-...
2011-01-10 12:42:59
Daewoo prospects $11bn sales
Korea's Daewoo Shipbuilding & Marine Engineering is forecast to approach KRW 12trn ($11bn) in sales, making the second highest record in history. The securities industry expects Daewoo's sales to stand at KRW 11.873trn and operating profit to be ...
2011-01-10 07:30:59
Samsung sales target at $12bn
Korea's Samsung Heavy Industry is seen to hit its highest in sales this year, passing its sales target of KRW 13trn ($12bn). The securities industry expects Samsung's sales target to be KRW 13.9trn and operating profit to be KRW 1.13trn. Sams...
2011-01-10 07:28:25
Chengxi inks more 75K BCs
China's Chengxi Shipyard has won more self-unloading bulker orders from Canada Steamship Lines (CSL). The Montreal-based owner, which said it was going to spend over $500m on five firm newbuildings and five options in August, is said to have adde...
2011-01-10 07:07:38
Japan majors made 8% more deliveries
Last year's total of deliveries of Japan's major six shipbuilders was estimated at 124 ships totaling 7.52m GT, increasing by 8% in terms of GT. Also their total of launched ships, which reflects an actual amount of work, jumped by 8% to total 7.4...
2011-01-07 11:00:05
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