Shipbuilding
St Nazaire wins Russian orders
Russian navy high command has confirmed that it plans to order one French Mistral-type helicopter carrier at STX France’s Saint Nazaire shipyard and build four others under license. The yard, which is already building one such vessel for the Fre...
2009-11-04 07:31:23
Szczecin may modify strategy
In Poland, Szczecin city council may take over the New Szczecin Shipyard (SSN) and then press for it to be incorporated into a special economic zone (SEZ). Last week, Szczecin councilors requested the Mayor to "[Begin] proceedings aimed at taking...
2009-11-04 07:24:29
Yangzijiang bags $300m bulkers
China’s Yangzijiang Shipbuilding said it has received orders for eight bulkers worth $300m in total. The Singapore listed shipbuilder said the orders comprised six 92,500-dwt bulkers and two 19,000-dwt multi-purpose ships. The contracts repor...
2009-11-04 07:09:10
Yangfan signs 80K bulker
According to local newspapers, China's Yangfan Group and Guangdong Lanyue Energy Development held a ceremony on October 28 th for the keel laying of the first of eight 57,000-dwt bulker series. At the same time, they held a signing ceremony for th...
2009-11-03 15:03:02
Korea may lose No. 1
South Korean shipbuilders are still in the midst of crisis while Chinese rivals are making hot pursuit of them, shipowners are making requests for delivery delays or order cancellations, and ship financing is still subdued. Large shipbuilders are ...
2009-11-03 13:38:40
33% of Chinese yards to be idled
Wang Jinlian, secretary general of the China Association of National Shipbuilding Industry (CANSI) said the country's shipbuilders have secured 80% less orders in the period between January and September while difficulties in delivering ships on sche...
2009-11-03 11:59:27
Sanoyas forecasts losses
Japanese shipbuilder Sanoyas Hishino Meisho has revised its interim earnings estimates downwards. The bulker specialist now expects to post a half-year loss of JPY295m ($3.3m) from earlier estimates of a profit of JPY200m. The Tokyo-listed firm...
2009-11-03 07:31:56
Ananda hopes for orders
Bangladeshi shipbuilders look to better days as Ananda Shipyard and Slipways has recently received signals about a revival of its 'frozen' orders from buyers, the chairman of the company said. “It's a relief. We have come out of a big problem. ...
2009-11-03 07:19:20
Cancellations down-Delays up
The pace of newbuilding cancellations has slowed in recent months, with only a 6% ditched from the orderbook, as shipowners delay vessel deliveries instead. Latest figures from Norwegian classification society Det Norske Veritas show 599 ships com...
2009-11-03 07:11:32
Chinese losses widen
The China Association of National Shipbuilding Industry (CANSI) expected in its latest report that many Chinese shipyards’ managerial difficulties would deteriorate in 2010 and 2011 as order backlogs run out and docks get idled. It said the numb...
2009-11-03 06:29:35
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