Shipbuilding
Korean yards rise, while Japanese & European rivals fall
Korea's big three shipbuilders - Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering - are enjoying benefits from the slump of Japan's and Europe's shipbuilders, taking upturn in new orders. The percent...
2010-11-24 09:36:53
Backlog falls for 27 straight months
Under the situation that global newbuilding orderbook showed a continuous decrease in October, new orders increased by 135% year-on-year on an annualised basis all the way to October this year. Clarkson Newbuilding Price Index, also, showed a slight ...
2010-11-24 09:11:29
Bharati boosts orders with Tebma buy
Bharati Shipyard Ltd acquired Chennai-based loss-making Tebma Shipyards Ltd, buying a 51% stake for about Rs.76 crore. Investors cheered this development and Bharati’s stock rose by 4% to Rs.239 per share, on a day when the Bombay Stock Exchang...
2010-11-24 08:49:43
Pressure rises to cut yard capacity
Smaller shipbuilding nations risk being marginalised as overcapacity kicks in once the backlog of orders is exhausted. World shipbuilding faces being forced into a further period of consolidation, according to a new report. Consultants Drewry...
2010-11-24 08:26:55
Damen wins high-speed ferry
Damen Shiyards Gorinchem of the Netherlands has won an order from South Korea’s Seaspovill for a high-speed ferry. The DFF 4212-type vessel, named Seastar, will be operated between Gangneum and Ullungdo in South Korea. Delivery will be as early...
2010-11-24 08:24:43
STX Dalian pens 6,500TEU's
Amid recovery in container shipping market, STX Dalian Shipbuilding Complex, Chinese subsidiary of Korea's STX Offshore & Shipbuilding, has inked a contract to build three 6,500-teu container vessels. The shipbuilder recently put pen to paper on t...
2010-11-23 09:28:08
Vinashin unit lays keel for largest pair
The Ha Long Shipbuilding Company, a subsidiary of the Vinashin Business Group, held a ‘keel laying’ ceremony for two new cargo ships weighing 47,500 tons each – the largest ever to be built in Vietnam. The two ships are part of a governm...
2010-11-23 07:09:28
Ouhua adds to kamsarmax backlog
China's Zhejiang Ouhua Shipbuilding has won an order for a kamsarmax newbuilding from New York-listed Safe Bulkers. The 82,000-dwt newbuilding costs $34m, Safe said in a statement. Loukas Barmparis, president of the shipowner, said the vessel is a...
2010-11-23 07:04:03
Samsung keeps No.1 by orderbook
Korea’s Samsung Heavy Industries (SHI) has retained its No.1 world ranking in the orderbook, followed by Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME), which are in competition for the No.2 position. Accordi...
2010-11-22 09:06:40
The 4th ASEF held in Kyoto
The 4th Asian Shipbuilding Experts' Forum (ASEF) took place with 130 attendees from six countries in the city of Kyoto, Japan, on November 17th and 18th. ASEF was hosted by The Shipbuilders's Association of Japan (SAJ) and Japan Ship Technology R...
2010-11-22 08:50:23
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