Shipbuilding
Orders drought leads to protectionism
As the global recession sinks its claws into the businesses which form the underlying framework of commerce, the yards scrabble for any new orders whilst facing the biggest ever spate of cancellations and delays in payment. The downturn in tonnages m...
2009-10-15 07:37:53
STX wins 400K VLOCs
South Korea’s STX Pan Ocean has ordered eight very large ore carriers at sister company STX Offshore & Shipbuilding, foreign media reports. The 400,000-dwt VLOCs are widely understood to be linked to the $5.84bn consecutive voyage contract signe...
2009-10-15 07:22:19
Tycoons convene in Berlin
Some 60 global shipbuilding leaders convene in Berlin, Germany at the end of this month. The 18th JECKU Top Executive Meeting is scheduled to be held for three days starting October 28th. As global shipbuilders are now facing worst-ever recessi...
2009-10-15 07:08:41
Todd wins car ferry duo
Washington State Ferries (WSF) said Tuesday it has signed a contract with Todd Shipyards to build two 64-car ferries. The decision comes after the Seattle shipbuilder submitted the lone, $114m bid to build the vessels, which also have capacity for...
2009-10-14 08:29:11
140 new chemical tankers hit the water
According to statistics released by U.K. shipbroker Clarkson PLC, 140 10,000-60,000-dwt chemical tanker newbuildings (including special-tank ships) totaling 3.1 million dwt were completed in the first eight months (January-August) of 2009. This me...
2009-10-14 08:27:06
Italian yards discuss state aid
The Italian shipbuilding industry’s leading figures will convene in Rome Wednesday for talks with government ministers amid the prolonged economic crisis, foreign media reports. Among those attending the crisis talks at the industry ministry wil...
2009-10-14 08:21:53
STX Europe to win research vessel
STX Europe’s Rauma shipyard in Finland may soon win a new order from South Africa. Local media reported that the South African department of environmental affairs and tourism was close to awarding a contract for a EUR 160m ($236.36m) research ve...
2009-10-14 08:06:14
China ship exports hit $17.7bn
According to statistics from China's customs office, despite the prolonged slump in shipbuilding industry, the country's exports and imports of ships by August this year markedly jumped from a year ago. Exports amounted to $17.68bn and imports $1....
2009-10-14 07:36:29
Hyundai Gunsan kicks off amid recession
Hyundai Heavy Industries’ Gunsan Shipyard, which has been under construction in Gunjang National Industrial Complex in Gunsan city, North Jeolla province, South Korea since May 2008 with an investment of KRW 1.2trn ($1.026bn), is set to be complete...
2009-10-13 13:25:11
Sietas builds two dredgers
German shipyard Sietas in Hamburg-Neuenfelde and VOSTA LMG are coming together to build two trailing hopper suction dredgers for Josef Möbius Bau-AG. The contract is part of the shipyard’s current order balance of seven special ships. It is...
2009-10-13 07:38:00
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