Shipbuilding
Imabari upbeat over output
Speaking on the sidelines of an industry conference in Japan, Imabari Shipbuilding president Yukito Higaki said that while the total number of vessels completed would decline this financial year to 96 from 101, gross tonnage output would grow. “...
2010-05-28 07:42:01
Sasebo cancels 8
Japan's Sasebo Heavy Industries revealed on May 26th that it has cancelled 8-ship orders for six 75,000-dwt bulkers and two 180,000-dwt bulkers under agreement with shipowners. Sasebo said advance payment of JPY 2.042bn ($22.64m) turned cancellati...
2010-05-28 06:59:48
Hudong inks pax. pair
China's Hudong-Zhonghua Shipbuilding recently won two 76,000-dwt bulkers from Shanghai-listed trading and logistics conglomerate Xiamen International Trade, lifting the number of panamax bulker orders placed at the CSSC-affiliated yard this year to 1...
2010-05-28 06:49:16
China encounters revamp bottleneck
One year passed since Chinese government issued stimulus plan for shipbuilding industry. Lots of Chinese leading shipbuilders gained orders such as Rongsheng while merger and acquisition also occurred from time to time. About 30% of Chinese p...
2010-05-27 10:21:44
USC Shipyard Plans
Russian state shipyard holding company United Shipbuilding Corporation (USC) has revealed its scheme to increase capacity use through modernisation. Deputy director Dmitry Mironenkov told reporters that a "dot modernisation" programme will cost b...
2010-05-27 08:17:35
Builders call for price hike
Daishin Securities said Korean shipbuilders are asking for a rise in shipbuilding prices on several models and whether it will be accepted will be decided late this year. Korean shipbuilders are reportedly trying to adjust upward their shipbuildi...
2010-05-27 07:43:50
Hanjin cancels boxship trio
Korean shipbuilder Hanjin Heavy Industries & Construction has cancelled a KRW 372.8bn ($297.4m) shipbuilding order after the European owner failed to arrange financing for the containerships. Hanjin did not identify the shipowner or the size of th...
2010-05-27 07:36:12
Hyundai inks cape pair
Hyundai Heavy Industries inked a pair of capesize bulkers with Golden Bridge Asset Management. The 180,000-dwt vessels will be delivered in the second half of 2011 and chartered to a Korean shipping firm. The Golden cape order marks the second ...
2010-05-27 07:12:54
State Support Needed: S&M builders
Korea's small- & medium-sized shipbuilders seem to be slowly getting out of the recession. In the first quarter of this year, they contracted new ship orders totalling 867,000 cgt worth $1.72bn, compared to '0' in the same period of last year. ...
2010-05-27 06:56:39
Big3 hunt new orders
Competition among Korea's 'Big 3' shipbuilders for commercial ship newbuilding orders is heating up in earnest. Hyundai Heavy Industries has recently signed a letter of intent to build six 205,000-dwt very large ore carriers reportedly for $66m-$6...
2010-05-26 06:25:48
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