Shipbuilding
SLS may see more cuts
United Arab Emirates shipowner Gulf Navigation is considering cancelling two 44,000-dwt chemical carriers ordered from South Korea’s SLS Shipbuilding as their delivery is running nearly six months late, said chief executive Per Wistoft. The two...
2010-02-05 07:19:12
Korea beats China in new orders
Korean shipbuilders, which have announced successive orders intake from the beginning of this year, held a whelming dominant position over Chinese rivals in order intake competition last month. According to Clarkson Research Services, Korean shipb...
2010-02-05 06:17:33
Shinan holds 3rd naming, eyes 5 delivery
A newly-established Korean shipyard Shinan Heavy Industries held a naming ceremony for a 34,000-dwt bulker (H1003) on Jan. 20th ordered by a UAE shipping company Stellar Shipping and successfully delivered its third newbuilding. Company said at th...
2010-02-05 06:13:42
China launches largest heavylifter
A 10,000-dwt heavy lift cargo ship, built by China’s Taizhou Kouan Shipbuilding, was recently launched. The ship was designed to GL class and ordered by German shipowner, whose representative was also present in the ceremony. The ship is the...
2010-02-04 18:56:13
SLS to refund Glenda
SLS Shipbuilding is being forced to hand back over $80m to Glenda International Shipping and its financiers following the cancellation of a trio of products tankers over delivery delays. A London tribunal has found that the joint venture between ...
2010-02-04 08:20:10
Shanghai ship exports soar
Shipyards in Shanghai recorded a 52.1% increase in the value of exports to $6.6bn in 2009, according to Shanghai customs. In December the value of vessels exported hit a record nine-year high to $820m, a leap of 150% compared with the level a yea...
2010-02-04 07:46:58
Samsung to build only eco-friendly
Samsung Heavy Industries has declared its new green management policies at a ceremony that was joined by more than 120 guests, including ship owners such as SK Shipping and Hanjin Shipping, and respected academics in the field of environmental issues...
2010-02-04 07:40:09
Diversifi-Specialization
Senior economist Hidehiko Mukoyama at the Japan Research Institute, Limited said in an interview with an economic journal in Korea on Feb. 1st that in contrast to Korean shipbuilding industry where 10 shipbuilders and 40 shipping companies went into ...
2010-02-04 06:44:35
CSIC marches to low carbon field
In the context of financial crisis, Dalian Shipbuilding Industry Co (DSIC), a subsidiary enterprise of CSIC, will march to low carbon field. DSIC is considered to be the first Chinese enterprise involved with low carbon technology in ship buildin...
2010-02-03 14:05:34
Hyundai owns 10% in OSX
Hyundai Heavy Industries will own 10% of a new Brazilian shipyard in a deal struck with Eike Batista's OSX. The two shipbuilders forged an agreement Tuesday that will see the South Korean giant provide upstart OSX with technical information, tech...
2010-02-03 07:26:29
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