Shipbuilding
Royal navy orders aircraft carriers
Tyneside shipbuilders A&P have received a £55m contract to construct a section of the Royal Navy’s Queen Elizabeth Class aircraft carriers. The five-year project will see a 210-strong workforce manufacture a 1,000 tonne section that will ...
2009-11-12 05:32:43
Battle for survival starts at EU
The Assembly of Assonave(:the national association of shipbuilders, repairers and suppliers in Italy) met in Rome last week to discuss the plight of shipbuilding in Europe. Following three years of buoyant market conditions, the shipbuilding indust...
2009-11-11 11:49:49
Austal opens new facility
Australian shipbuilder Austal has officially opened its new state-of-the-art Modular Manufacturing Facility (MMF), equipping its US shipyard with the ability to build up to three 100 metre-plus vessels each year. Phase One of the new $88 million faci...
2009-11-11 05:32:22
Chinese orders fall by 63%
New orders received by Chinese shipyards slid to 2.2m dwt last month. According to the Chinese Ministry of Industry and Information Technology, Chinese bagged 2.2m dwt in newbuilding contracts in October, a decrease of 63% compared with 5.9m dwt i...
2009-11-11 05:18:08
21st Century signs 34K bulkers
21st Century Shipbuilding of South Korea is set to win a contract to build up to four handysize bulkers. According to sources, a Greek company has signed a letter of intent for two 34,000-dwt bulkers plus two options at the Tongyeong-based yard. ...
2009-11-10 05:03:46
Sungdong inks two 180K Capes
Sungdong Shipbuilding & Marine Engineering announced that it received an order for a 180K Capesize Bulker from a Japanese shipping company. The ordered bulker is 292m in length, 45m in width, and 24.8m in depth due in end of 2011. The orderin...
2009-11-09 20:37:16
STX close large orders
STX Group seems to have large impending orders of between 1.5 ~1.8 billion dollar. According to an industry source, STX Group is at the final stage of negotiation and will soon sign the contract. STX Offshore and Shipbuilding Co. will receive...
2009-11-09 20:09:32
Italian fear next door
The association of Italian shipbuilders’ (Assonave) held its annual meeting in Rome on October 6th. The Assonave report said that the slowdown we reported a year ago has now become a freefall in demand, and it has been going on long enough that, as...
2009-11-09 05:23:36
Shanghai bags 57K bulker orders
China government is backing up new order receipts. Chinese state-run shipyards are continuously bagging orders bound for emerging nations, capitalizing on ship finances offered by domestic financial institutes. According to market reports, Shangha...
2009-11-09 04:50:04
Korean overtaken by Chinese
South Korean shipbuilders were outpaced by their Chinese rivals in the number of new orders received this year and order backlogs, according to a London-based market researcher Clarkson last Friday. Korean shipbuilders won a combined 1.64 million...
2009-11-08 09:15:39
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