Shipbuilding
Samho to add two more
A Turkish player is in close talks for a further pair of bulkers at Korea's Samho Shipbuilding. Turkey’s Ciner Group will take delivery of its first vessels by the end of this year but is already gearing up its expansion with orders for 10 more...
2010-11-22 08:10:09
Chinese ship exports hit $29.45bn
According to custom statistics, in the past three quarters of 2010, Chinese ship export value hit $29.45bn, rising by 47.19%. It is raised by $1.09bn against the total amount of last year. The export value of September reached $3.18bn, increased b...
2010-11-19 10:16:43
Orders plummet at Japan yards: high yen
Takao Motoyama, president of The Shipbuilder's Association of Japan (SAJ), revealed at a regular meeting on November 16th that Japan's shipbuilders are facing an acute decrease in new orders due to a high yen. In Japan's shipbuilding industry, th...
2010-11-19 09:25:50
Hyundai Mipo pens 75K bulkers
According to foreign media reports, Sovcomflot, Russian state-owned shipping company, ordered two bulk carriers of 75,000 DWT from South Korea's Hyundai Mipo Dockyard. They will be delivered in 2013, and the ship prices are not revealed. It s...
2010-11-19 08:48:18
Incat wins first fast LNG Ro-Ro
Australian high-speed catamaran pioneer Incat has secured a contract to build the world’s first high-speed passenger Ro-Ro ship powered by environmentally friendly Liquified Natural Gas (LNG). Incat Chairman Robert Clifford says “this is a sig...
2010-11-19 08:23:48
Many Chinese to run aground
China's shipbuilding industry, holder of the world's largest orderbook, will see dozens of small shipyards go under or get taken over next year, as a choppy wave of consolidation rocks an oversupplied market. Fuelled by vigorous government suppor...
2010-11-19 08:19:12
Boxship orderbook swells!
This October, the containership orderbook has risen for the first time after 27 consecutive months of decline, with new orders now pacing out deliveries. The cellular containership orderbook stood at 3.79 Mteu or, 26.6% of the fleet, as at 1 Novem...
2010-11-19 08:12:17
Dae Sun inks boxship trio
SITC Development Group Company Limited, the Subsidiary company of SITC International Holdings Co., Ltd., China’s No.3 container shipping line in terms of foreign trade, signed the newbuilding contracts with Korea's Dae Sun Shipbuilding & Engineerin...
2010-11-19 07:23:11
Japan ship export orders fall in Oct.
According to the source Japan Ship Exporter's Association (JSEA) showed on November 16, new orders for export ships at Japanese shipbuilders in October declined to 20 vessels of 680,000 GT (317,089 CGT), falling below 1m GT in five months. 80% of ...
2010-11-18 09:06:30
Imabari focuses on R&D
R&D is being raised as a magnet for new investment by Japan's Imabari Shipbuilding, which used to invest its operating capital mainly in M&A or facility expansion. Since the company has already established the system of building 100 vessels per ...
2010-11-18 08:45:22
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