Shipbuilding
Vale no comment on VLOCs
A Vale spokeswoman declined to confirm yesterday whether the Brazilian miner is building very large ore carriers at Daewoo Shipbuilding & Marine Engineering of South Korea. Media reports say the company is behind an order for a quartet of 400,000-...
2009-09-29 07:13:33
Dearth of orders to continue
Chinese shipyards could see new orders plummet by 50% over the next five years, the China Association of the National Shipbuilding Industry predicts (Cansi). Analysts also warned that the total orderbook at the country’s yards would continue to ...
2009-09-29 07:08:18
Majors discuss orders drought
South Korea’s seven major shipbuilders’ chief executives have recently had a meeting to find the ways out of crisis situations. Bosses of large shipbuilding companies including Hyundai Heavy Industries president Choi Kil-seon, who is also the ...
2009-09-29 06:39:27
Japan shipbuilding lags behind
Japanese shipbuilding is claimed to be secure but industry figures are showing a waning global presence. Shipbuilders Association of Japan (SAJ) head Takao Motoyama said with some confidence at a Tokyo gathering last week that while the world econ...
2009-09-28 07:20:54
USC $1bn yard to win approval
A new $1bn shipyard near St Petersburg should get the go-ahead by the end of this year. The vice president of Russia’s United Shipbuilding Corporation (USC), Sergei Forafonov, said the government will soon sign the decree authorising the investm...
2009-09-28 07:12:03
NSC refuses to take delivery of PCTC
NSC Schiffahrtsgesellschaft is refusing to take delivery of a large car carrier lying at Croatia's 3 Maj shipyard, according to sources. It is the last of three 4,900-car-equivalent-unit (ceu) newbuildings NSC founder Roberto Echevarria booked at the...
2009-09-28 07:05:14
Hoegh cancels car carriers
Hoegh Autoliners of Norway has cancelled orders for two car carriers in Vietnam. The pair are part of a deal for four ships of 7,000 car equivalent units (ceu) placed by Hoegh in 2006 at Vietnam Shipbuilding Industry Corp (Vinashin) with delivery ...
2009-09-28 06:49:32
Daewoo builds presence in Brazil
South Korea’s Daewoo Shipbuilding & Marine Engineering aims to establish a foothold in the Brazilian newbuilding market. The major shipbuilder is said to be looking to acquire a stake in a local yard in Brazil, so it can participate in newbuildi...
2009-09-25 15:10:09
Taizhou Kouan wins 7 MPPs
According to market report, China’s Taizhou Kouan Shipbuilding has reportedly secured an order for the construction of seven 27,000-dwt multipurpose vessels from a domestic shipowner. Delivery is scheduled for 2011 and ship prices were not discl...
2009-09-25 14:24:06
Order drought persists despite rally
In recent months, Chinese shipyards have led the global newbuilding market by securing the largest volume of new orders, but the amount is still too small compared to 2008. According to statistics released by Chinese Ministry of Industry and Informat...
2009-09-25 11:51:10
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