Shipbuilding
China may occupy 50% of global orderbook
On the back of strong government support and low cost of production, China has emerged as a leading country in shipbuilding, says RNCOS. RNCOS in its recent research report “China Shipbuilding Industry Forecast” said that China has become a le...
2009-11-16 11:46:52
COSCO Dalian delivers first heavy lifter
COSCO Shipyard Group of China recently completed the Adam Asnyk, its first 30,000-dwt heavy lift vessel, at COSCO Shipyard Dalian. The ship is bound for Chipolbrok, a shipping company jointly set up by Chinese and Polish enterprises. The ship, ori...
2009-11-16 11:39:45
Italy next round of shipbuilding talks
Italy’s struggling shipbuilding industry will be hoping for an encouraging end to a dismal year after the government announced that it would hold the next round of discussions on aid to the sector on November 23. The meeting follows initial cris...
2009-11-16 06:45:30
Hindustan plans large shipyard
India’s state-owned Hindustan Shipyard plans to build a large shipyard to accommodate very large crude carrier ships with an estimated project cost of Rs3,000-4,000 crore ($645-861m), a top official said. The proposed shipyard, which will be bui...
2009-11-16 06:36:09
Cargo owners to drive new orders
Shipping’s next wave of orders are likely to come more from the cargo owners, rather than independent shipowners. That’s the view from Tom Boardley, the recently installed marine director at British ship classification society, Lloyd’s Regis...
2009-11-16 06:23:30
Hyundai Mipo inks 36K bulkers
International Shipholding Corporation of the United States on November 12th announced that it has entered into an agreement with Hyundai Mipo Dockyard of South Korea to purchase three 36,000-dwt double-hull dry bulk carriers with an option for a four...
2009-11-16 06:00:41
Chinese are still behind
According to Wang Jinlian, general secretary of the Chinese Association of National Shipbuilding Industry, China was world number two in terms of ship output in the first three quarters. He said that its new ship orders and order book ranked it first...
2009-11-13 05:28:46
Shipbuilding stipulate high promises
Bangladesh has earlier witnessed some notable success in export of small ocean-going vessels. In this backdrop, the government is also examining the possibility of setting up a separate export processing zone (EPZ) exclusively for the shipbuildin...
2009-11-12 11:09:28
Turku Workers Stage Walkout
Workers at the Turku shipyard owned by STX Europe walked off the job Wednesday in protest over planned job cuts. Around 1,600 employees left their posts and will not return before Monday. On Tuesday the company announced that it may axe more ...
2009-11-12 09:59:00
Crisis of Norwegian
The Oslo-based Norwegian Guarantee for Export Credits, Giek, has warned of further bankruptcies in the country’s shipbuilding and engineering sector if the current market trend continues for much longer. Norwegian industry relied heavily on the ...
2009-11-12 05:33:52
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