Shipbuilding
Russia-Finland build ice-class ships
Russia is interested in cooperation with Finland in the construction of an ice-class vessels and equipment for Arctic exploration. According to the press-service of RF Government, it was reported by Vladimir Putin, RF Prime Minister during a meet...
2010-03-25 07:49:37
Turkey Rises To Newbuilding Giant
Turkey is becoming an issue as a rising 'big hand' in newbuilding market lifting itself up to the second most ordering country and making successive newbuilding orders at Korean yards. According to Clarkson Research Services and industry sources ...
2010-03-25 07:25:25
Green Ship Spree
International Maritime Organization (IMO)'s regulation on nitrogen oxide emission on ship engines to prevent marine pollution will come into effect from next year. IMO made it mandatory for ships to be newly built from 2010 that nitrogen oxide emis...
2010-03-25 07:18:24
Jiangsu ship export value up 95%
Last year, Jiangsu Province crowned China’s shipbuilding industry in terms of output, order intakes and orderbook. According to fresh statistics during January to February, 113-unit ships were exported valued at $2.49bn, up by 28.4% and 95.3% r...
2010-03-24 12:32:13
Recession to last 3 to 5 years, CSSC
Newbuilding price hit 13-year low point. Shipbuilders suffered severe blow. No exception for Chinese shipbuilding tycoons such as China State Shipbuilding Corporation (CSSC). Investment control and risks prevention will become CSSC’s primary mis...
2010-03-24 11:58:45
Bankruptcy on cards for Croatian yards
Bankruptcy is on the cards for Croatian shipyards as the former Eastern Block country looks to restructure the industry in advance of joining the European Union (EU). The drastic measure could be taken if Croatia's ailing shipbuilders cannot be s...
2010-03-24 08:22:06
SWS inks 206K VLOC trio
Greece’s dry bulk and tanker owner OceanFreight has inked contracts worth $204m in total for three very large ore carrier newbuildings with China’s Shanghai Waigaoqiao Shipbuilding. The trio of VLOCs, all of 206,000 dwt, have all been pre-cha...
2010-03-24 07:36:41
Midsized Excel In Bulkers
Middle-standing shipbuilding companies are making outstanding performances here taking a series of newbuildng orders in bulker sector, amid slackened global newbuilding market caused by economic downturn. Bulker is one of few ship types for which ...
2010-03-24 07:17:33
China’s Practice
During global financial crisis, numerous shipyards were facing bankruptcy. Without government’s protection, more yards will disappear. In general, European government’s support for shipbuilders is for employment guarantee and anti-dumping from...
2010-03-23 14:45:06
Is China winner?
Barry Rogliano Salles (BRS) recently issued annual report, which mentioned the average price of newbuilding would continue to dive by 10% to 15% this year. Besides, BRS thought China was the winner of ongoing market recession. BRS’s analyst cons...
2010-03-23 12:48:27
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