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Shipbuilding
CSSC focuses on hi-tech transition
On May 1st an open ceremony was held for Shipping Pavilion during Expo 2010 Shanghai China. President Tan Zuojun of China State Shipbuilding Corporation (CSSC) was present in the ceremony. Tan said currently CSSC was able to build all commercial s...
2010-05-06 10:05:50
China ship exports surge 62%
The value of ships and floating units exported by China’s shipyards increased by 62.2% in the first three months of this year to $9.5bn from $5.8bn in the same period last year, according to the Chinese Ministry of Industry and Information Technolo...
2010-05-06 08:20:27
'Big 4' secured $10bn orders
Korea's 'Big 4' shipbuilders are winning significantly more new orders this year as newbuilding market recovers and ship prices pick up. Samsung Heavy Industries recently inked two 160,000-cbm LNG carriers with US oil firm Chevron for nearly $200m...
2010-05-06 06:49:46
Samsung Q1 results leaping
Samsung Heavy Industries reported much improved business results for the first quarter of the year. The Korean major shipbuilder announced on Tuesday in a regulatory filing that it has achieved revenue of KRW 2.2204trn ($1.989bn) and operating pro...
2010-05-04 15:33:44
Hengfu: Dead order revives
A 57,000-dwt bulk carrier built by Ningbo Hengfu Ship Industry was recently delivered to Germany buyer. This is the first large sized ship oversea delivery for Hengfu since financial crisis broke out. Hengfu is a private Chinese shipbuilder locate...
2010-05-04 12:42:25
Shanghai books 76K BCs
China's state-owned Shanghai Shipyard is finalising a two-ship order with a domestic company. Market players say Ningbo Fenghua Shipping has approached the China State Shipbuilding Corp (CSSC)-controlled yard to construct a pair of 76,000-dwt pan...
2010-05-04 07:28:51
Russian shipyard inks $17m tanker
Turkmendenizyollary (Turkmen sea and river lines) will sign a contract for the construction and purchase of the river-sea vessel with the capacity of 7100 tons for transportation of oil and oil products. The vessel will be built at the shipyard "...
2010-05-04 06:53:14
Hyundai orders surpass $4bn
Korea's Hyundai Heavy Industries booked new ship orders worth $1.3bn in April alone, bringing up its new order intakes in the shipbuilding and offshore plant sector to more than $4bn so far this year. HHI received 23-ship orders worth $1.3bn in Ap...
2010-05-03 12:28:45
Cosco bulker delivery delayed
Cosco Corp (Singapore) has been hit by further delays to its newbuilding orderbook. An Asian owner has pushed back the delivery of a panamax bulker at its Dalian yard by six months, a statement to investors says. Cosco Corp will now roll out ...
2010-05-03 08:36:42
Shiprepairer to build MPPs
Chittagong Dry Dock Ltd (CDDL), Bangladesh's lone state-run shipyard that repairs national and foreign flag vessels, for the first time plans to build multipurpose container vessels. An ECNEC meeting held recently approved building four vessels e...
2010-05-03 07:34:54
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