Shipbuilding
Samsung Be Top
South Korea’s Samsung Heavy Industries ranked No. 1 shipbuilder around the world for the first time, surpassing compatriot Hyundai Heavy Industries. According to Clarkson Research Services statistics, Samsung’s newbuilding order backlog totale...
2010-01-18 06:24:10
Korean aim for $50bn new orders
South Korean shipbuilders have set aggressive order targets this year, which are much higher than their actual order intakes last year. They aim to get nearly $50bn orders in total in 2010. ‘Big 3’, namely Hyundai Heavy Industries, Samsung Hea...
2010-01-18 06:17:38
Huge price gap for cape newbuilds
Discounting by shipbuilders means a new capesize bulker could cost almost half the price of one booked in 2008. Another round of capesize orders on top of an already overloaded orderbook is in prospect but massive discounting by South Korean yard...
2010-01-15 15:03:57
Jinling delivers last of Ro-Ro series
China’s state-owned CSC Jinling Shipyard (南京金陵船厂) delivered a 11,300-dwt Ro-Ro ship to a Swedish shipowner on Thursday. The vessel is the last one in the series of four ships, as well as the second ship delivered by Jinling in 2...
2010-01-15 14:02:51
Jiangnan delivers fourth VLCC for CSC
On January 12th, MT Changjiangzhiyuan, a newly-built very large crude oil carrier (VLCC) built by Shanghai Jiangnan Changxing Shipbuiding (上海江南长兴造船基地), was delivered to CSC Nanjing Tanker Corporation. The tanker is th...
2010-01-15 13:48:23
Transpetro VLCC newbuilding tender
Transpetro’s third round of newbuilding tenders could be made up primarily of VLCCs, the Brazilian shipowner’s president said on Thursday. Sergio Machado says the shipping arm of state-owned energy group Petrobras plans to launch the bidding p...
2010-01-15 11:59:05
Navios denies cape order at Sungdong
Navios Maritime Holdings has silenced whispers it has placed a near $110m capesize order in South Korea, foreign media reports. Word in some broking circles suggested the owner had penned a 180,000-dwt brace at Sungdong Shipbuilding & Marine Engi...
2010-01-15 07:07:35
Croatia may buy ships from yards
Croatia could form a state-owned company to prop up its ailing shipyards if another privatization bid fails this month. The Jutarnji List newspaper claimed the new entity could buy ships from the yards, without citing a source. The company wo...
2010-01-15 06:54:28
Finland to help shipbuilders
The Finnish government said on Thursday it is considering measures to help its struggling shipbuilding industry. STX Europe announced this week that it would cut 430 jobs at its shipyard in Turku amid an order drought. "We have to secure the ...
2010-01-15 06:51:37
Korea to win back top place
It is a dominant view that China’s taking the top place in shipbuilding industries from Korea, having been no.1 for 10 years, does not have significant meaning, considering the absolute downturn of shipbuilding industry last year. According to ...
2010-01-15 06:05:01
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