Shipbuilding
Asia’s Largest Asphalt Carrier Keel Laid
On 21st March 2010, China's Fujian Baima Shipyard started to build a 12,000-dwt asphalt carrier. The tanker is regarded as the largest asphalt carrier in Asia. Local political leaders were present in the keel-laying ceremony. The L.O.A. of the ...
2010-03-23 12:15:20
China new orders surge 770%
China Association of the National Shipbuilding Industry says the volume of new orders China’s shipyards bagged in the first two months of this year soared 770% year-on-year to 5.7m dwt from 660,000 dwt in the corresponding period last year. Despite...
2010-03-23 08:21:35
China Fund orders $3bn ships
China Ship Fund has $3bn to spend and capesize orders alone could number 20 units costing $1.1bn. China's first ship-investment fund has embarked on an orders splurge that is expected to run into several billions of dollars. Informed sources ...
2010-03-23 07:39:39
Warfare For No.1
Competition among shipbuilders for world No.1 from the end of last year looks chaotic. As orders intakes by companies run to opposite sides, the ownership of world No.1 crown has changed in one month. According to Clarkson Research Services' ...
2010-03-23 07:14:31
STX inks 9 bulkers in March
STX Group of Korea is playing the role of locomotive for shipbuilding market getting out of its depression taking newbuilding orders of 17 ships totalling USD 1.31bn so far this year including nine ships worth of USD 260m signed in March alone. S...
2010-03-22 11:06:56
New Keppel Yard In Azerbaijan
Keppel Offshore & Marine reports that ground-breaking has taken place on a new 52-hectare shipbuilding and shiprepair facility in Baku, Azerbaijan that it is developing and will manage under a joint venture with State Oil Company of Azerbaijan Republ...
2010-03-22 08:10:32
Korea vs. China, Battle for No.1
Korean and Chinese shipbuilders are continuing to compete for the world's No.1 title this year. According to recent figures by the Ministry of Industry and Information Technology (MIIT), new orders intakes by Chinese shipbuilders in January and ...
2010-03-22 07:16:17
Upturn Continues With 43 Orders
The global newbuilding order backlog has continued to shrink during February, falling by 39 vessels of 2.6m dwt compared to the end of January. Overall, the volume of dwt now on order stands at 501.2m dwt with the overall size of the orderbook hav...
2010-03-22 06:29:53
Oswal splashes out $320m for newbuilds
Mr Pankaj Oswal, president of India’s Oswal Group announced that $320m were invested in nine newbuildings in China’s Yangzhou Guoyu Shipbuilding. Deliveries are scheduled during 2010 to 2012. On March 19th 2010, the first 57,000-dwt supram...
2010-03-19 15:13:40
Guangdong ship exports up 150%
According to China’s Guangdong customs statistics, the province’s ship export value cames up to $510m during January to February 2010, rising by 150% against the same period of last year. In January, the export value was $260m while in Februar...
2010-03-19 14:27:20
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