Shipbuilding
Taizhou says bye to windfall profit
With ice melting of global shipping market occurring, the shipbuilding industry in Taizhou China begins warming up. But local shipbuilders are still cautious about future. The windfall profit era has gone while the innovation is the only way out. ...
2010-04-19 09:25:40
Samsung close to winning aframaxes
Greek shipowner Kyklades Maritime is in the midst of negotiating a number of tanker-newbuilding contracts in South Korea. The owner confirms it is in talks that it expects to conclude during the coming week. Kyklades was prompted to reveal it...
2010-04-19 07:58:41
Sungdong-TMT sign kamsarmax duo
A 'secretive' Taiwanese player is back to booking after a two-year break. Taiwan’s Today Makes Tomorrow (TMT) is back in the newbuilding market after an absence of two years. The privately-owned company, which has stayed away from ordering new ...
2010-04-19 07:50:55
Daesun inks $26m bulker
Korea's Daesun Shipbuilding & Engineering said on Friday in a regulatory filing that it has inked a KRW 29bn ($26m) contract with Charlie Maritime of the Marshall Islands to build a bulk carrier. The contract value equates to 9.6% of the shipbuild...
2010-04-16 14:29:49
Italy urged to help ailing yards
Italy’s shipbuilding unions called on premier Silvio Berlusconi to get directly involved in government efforts to address the demand drought afflicting the industry. In a joint statement issued after the latest meeting between economic developm...
2010-04-16 08:30:14
CSBC seeks orders from Evergreen
Taiwan's top shipbuilding firm, CSBC Corp, is seeking an order to build 12 new ships for Evergreen Marine, suggesting that major freighters in Asia are benefiting from a sustained pickup in demand globally. CSBC General Manager Tang Tay-ping told Reu...
2010-04-16 08:26:58
China Keeps Expanding
China's shipbuilding industry still kept steady growth in 2009 even with the recessed markets of international shipping and shipbuilding. The Chinese accomplished shipbuilding output reached 42.43 million DWT in 2009, up 47% yr-on-yr and accounting f...
2010-04-16 08:25:06
5% stronger CNY leads to yard losses
Boao Forum for Asia 2010 was recently held in Hainan Province China. During BFA, a local journalist interviewed Wang Debao who is Vice president of Shanghai Waigaoqiao Shipbuilding (SWS). Wang expressed that the export dominated SWS’s orderbook....
2010-04-15 13:12:36
Korea took 51.5% of global orders
South Korean shipbuilders regained its global No. 1 position from Chinese rivals, in terms of new orders in the first quarter of this year. According to announcements by the Ministry of Knowledge Economy (MKE) and the Korea Shipbuilders' Association...
2010-04-15 12:26:38
Yangzijiang secures six bulkers
On April 12th 2010, China’s Jiangsu Yangzijiang Shipbuilding reached an agreement with compatriot Fujian Provincial Communication Transportation Group to build six 45,000-dwt bulk carriers. The ships are all designed by Chinese institutes for oc...
2010-04-15 09:41:39
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