Shipbuilding
Long-term road map necessary
While the slump of shipbuilding industry is being prolonged, three industry pundits in Korea have had a talk over the industry situations. They mostly agreed that the downturn will last in 2010 and shipbuilders should establish long-term road maps...
2010-02-09 06:52:31
Japanese survival tactics
Japanese shipbuilding and marine equipment companies which regard this year as the toughest year ever are said to be in preparation for the war to survive. Soma Nazuo, Head of the Nagasaki Shipyard of Mitsubishi Heavy Industries, recently said in...
2010-02-08 07:32:41
Only 12% delivered in Jan.
Since the start of this year, only one ship has been delivered of ten ships on schedule on average. Shipowners have been cancelling their orders since 2009 and even big shipowners cannot think about placing a newbuilding order. The industry sourc...
2010-02-08 07:16:47
New orders halved
Newbuilding orders had been cut by half last month against a month earlier. According to statistics released by Clarkson Research, global new ship orders totaled 34 vessels of 624,285 cgt in January 2010. In December 2009, a total of 72 ships of 1...
2010-02-08 07:02:57
CSBC eyes bulk carrier orders
Last year, Taiwan’s China Shipbuilding Corporation (CSBC) came across several order cancellations due to market depression. CSBC took a series of positive measures to tackle the trouble to defend its orderbook. Meanwhile, the company gained ...
2010-02-05 17:33:43
SPP secures four bulkers
Korean shipbuilder SPP Plant & Shipbuilding has reportedly won a couple of post-panamax bulker orders from three Greek shipowners. Modion Maritime has booked one 82,000-dwt bulker for delivery in mid-2011. And Goldenport Shipmanagement is said ...
2010-02-05 16:25:21
China rolls out largest catamaran
MV DONGYUAN01, China’s largest aluminum structure catamaran built by Wuchang Shipbuilding Industry, was delivered. The ship was designed by a subsidiary institute of China Shipbuilding Industry Corporation (CSIC). The successful delivery means ...
2010-02-05 16:19:50
Wuzhou inks LPG carrier trio
China’s Taizhou Wuzhou Shipbuilding Industry has won an order for three 3,700-cbm LPG-carrier newbuildings from compatriot shipowner Shekou Southern China LPG. Local gas players say the delivery of the ships is set for 2011. Newbuilding price...
2010-02-05 15:33:23
Hyundai cuts capacity
Korea's Hyundai Heavy Industries is set to cut back newbuilding capacity in an attempt to cope with the most severe orders drought in its history. In a dramatic reversal of its expansion in the past two decades, a series of closures could see prod...
2010-02-05 15:19:03
Hyundai won $444m in new orders
Hyundai Heavy Industries booked shipbuilding contracts worth only $444m in 2009 as newbuilding deals dried up. The figure fell a long way short of the $7.5bn worth of new contracts targeted by the world’s largest shipbuilder at the start of the...
2010-02-05 07:27:05
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