Shipbuilding
Korean ship exports rise: Midsize yards
Five shipyards, located in the city of Tongyeong, South Gyeongsang Province, Korea, increased their exports of new vessels by about 45% against last year. According to the statistics reported by Tongyeong Customs, the five shipyards, in total, ex...
2010-12-01 08:40:18
2011 Shipbuilding: 'Cloudy'
The prospects of shipbuilding industry in Korea for 2011 is being described as 'Partly Cloudy Sky' as new ship orders are expected to maintain this year's volume next year while small- and medium-sized shipyards face accelerating restructuring. Lo...
2010-12-01 08:28:40
STX to exploit western Russia
Korea's STX Offshore & Shipbuilding declared its entering into the Russian shipbuilding market, which has a great potential for development. The company is now approaching a shipbuilding technology transfer to Russia in return for receiving fresh...
2010-12-01 08:16:22
China’s order cancellations dive
According to statistics of China Association of the National Shipbuilding Industry (CANSI), the order cancellations of Chinese shipbuilding industry slumped greatly. From January to October, the amount of order cancellations of Chinese shipyards ...
2010-12-01 01:08:03
Chinese duo win kamsarmaxes
Hong Kong-based Beibu Gulf Shipping has inked four more newbuildings at two Chinese shipyards, bringing the total number it has on order to eight. A Beibu Gulf executive said that Qingdao Beihai Shipbuilding Industry and Wuchang Shipbuilding Indu...
2010-11-30 08:49:28
Hyundai pens a VLGC for SK
Korea's SK Shipping revealed last Friday that it signed a contract with compatriot shipbuilder Hyundai Heavy Industries (HHI) at Hyundai Hotel in Geyongju on November 25th to build a VLGC of 82,000-cbm class. For the contract, there attended Hwan...
2010-11-30 07:32:51
China slows down in new orders
China's total of the new orders taken during January-October 2010 was recorded at 54.62m DWT, which was a 2.9 times increase year-on-year, the China Association of National Shipbuilding Industry (CANSI) revealed in the report of 'the national shipbui...
2010-11-30 07:26:34
CSDC in newbuilding spree
China Shipping Development Company announced over the weekend that it will build eight 48,000-dwt crude/product tankers at Guangzhou Shipyard International. The total contact value stands at around $300m. The official shipbuilding contact will...
2010-11-30 07:08:40
Diversification time comes?
According to Fortune top500 list 2010, Korea’s Hyundai Heavy Industries (HHI) drew people’s eyes. The revenue of HHI reached $22.9bn and ranked world’s No.375. HHI has entered global top500 for consecutive five years. HHI was the only shipyard ...
2010-11-30 01:08:53
China takes 'Triple Crown'
China seems to take over the world no. 1 position in the world shipbuilding by sweeping three gold medals in new orders, orderbook and deliveries. It is seven years for Korea to protrude from the seat of the world's strongest nation of shipbuilding s...
2010-11-29 12:53:14
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