Shipbuilding
Daewoo nears $4bn Maersk order
Korea's Daewoo Shipbuilding & Marine Engineering has reportedly been selected by Denmark's A.P. Moller - Maersk Group as a preferred bidder for the gigantic $4bn containership newbuilding project. Recently, Maersk Line, a subsidiary of A.P. Moller...
2010-11-26 07:40:11
Rongsheng: ‘We’re becoming stronger’
To deliver its first ship; Revenue breaks through CNY10bn ($1.5bn) in four years; IPO in Hong Kong Stock Exchange. This is China’s Rongsheng Heavy Industries, which leads Chinese shipbuilding industry. ‘We don’t come here just for Money...
2010-11-25 14:33:12
SITC: More contract details released
On 24th November 2010, the broad of directors of SITC International Holdings Company Limited announced SITC Development Group Company Limited which was the group’s subsidiary company signed contract with compatriot Yangfan Group to build four boxsh...
2010-11-25 14:11:33
Samjin accelerates deliveries
Korean shipbuilder ‘Samjin Shipbuilding Industries Co., Ltd. (SSI, CEO: Young Il Kang)’ located in Weihai, China delivered the DWT 33,500 Log/Bulk Carrier ‘Orient Accord’ to shipowner ‘Interorient, Cyprus’ on 18th November and delivered a...
2010-11-25 09:19:45
Uncertainty remains on new orders
Lee Jong-hwan, a research of Shinhan Investment, revealed the investment suggestion has moved from 'neutral' to 'strong buy', in the recent shipbuilding industry report for 2011, prospecting new orders will increase by 30% compared to this year. ...
2010-11-25 08:57:21
Brazil shipbuilding targets world No.2
Brazil's shipbuilders went on to proclaim recapturing the top of the world's shipbuilding industry. This is their ambitious plan to recreate the glory of winning the world No.2 position after Japan in the world's shipbuilding industry in the 1970s. ...
2010-11-25 08:48:13
Hyundai's order strike for next year
Hyundai Heavy Industries (HHI), which rejected to receive new orders for low price newbuildings, showing a passive attitude towards winning new orders this year, is expected to assume an active form in winning fresh orders for higher value-added cont...
2010-11-25 08:40:37
Jiangsu new orders take 18.1% of global volume
According to official statistics, during January to October, Jiangsu Provincial shipbuilding industry continued to defend both orders and deliveries successfully, with sustainable uptrend. In the past ten months, the output of Jiangsu reached 418 ...
2010-11-24 11:12:39
Rongsheng pens two VLCCs
China's Rongsheng Heavy Industries (RHI) was awarded a new order for two VLCCs of 317,000-dwt class from India's state-owned Shipping Corporation of India (SCI). Each vessel costs $110m, hitting the highest price for a VLCC newbuilding so far thi...
2010-11-24 09:53:38
Japan's new orders recover: Never enough
Japan's 10 listed shipbuilding companies recorded new orders for 33 vessels of 1,760,000 GT, in total, for the first half of 2010. This is a recovery compared to the same period of last year when only three outport merchant ships were ordered. How...
2010-11-24 09:45:41
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