Shipbuilding
Samho wins 6 handymaxes
According to market sources, South Korea’s Samho Shipbuilding has received an order for a maximum of six 32,000-dwt handymax bulkers from Greek shipowner Capital Ship Management for delivery in 2010 and 2011. The price of the vessels is not imme...
2009-09-18 07:29:39
Japan orderbook below 60m grt
Japanese shipyards had a combined order backlog of 1,216 export ships totaling 59,874,159 grt (26,536,916 cgt) as of the end of August 2009, according to statistics compiled by the Japan Ship Exporters' Association (JSEA). At the peak time as of end-...
2009-09-17 07:47:25
Chinese yards see orders down 82%
Chinese shipyards saw an 82% decline to 11m dwt in new orders placed by owners in the first eight months this year as a result of continuing weak demand. Analysts expect the number of new shipbuilding orders won by Chinese shipbuilders to remain i...
2009-09-17 07:34:42
Hyundai builds New Brazilian yard
The world’s largest shipbuilder Hyundai Heavy Industries of South Korea has signed a letter of intent to partner with Brazil’s conglomerate EBX to construct a new shipyard in Brazil. In addition to disclosing the deal with Hyundai, EBX directo...
2009-09-17 07:24:35
New orders to reach 25m dwt
While newbuilding orders drought is ongoing this year, Chinese shipbuilding players expect global new order-intakes would amount to only 25m dwt in 2009, down 83% against 2008. According to statistics, global new shipbuilding orders in August stoo...
2009-09-17 06:33:06
Brazilian builds new yard
Brazilian conglomerate EBX is planning to construct a new shipyard to build drillships and other offshore plants. The company aims to launch the BRL 600m ($331m) project in Giguacu, in the southern state of Santa Catarina, according to local media...
2009-09-16 07:19:40
Nacks to deliver 12 ships as scheduled
Nantong Cosco KHI Ship Engineering (Nacks), a joint venture shipbuilding enterprise between China Ocean Shipping Group Company (Cosco) and Kawasaki Heavy Industries of Japan, is reportedly planning to build 12 vessels this year. According to local...
2009-09-16 06:50:45
Gloomy ‘Shipbuilding Day’
South Korea’s Ministry of Knowledge Economy (MKE) and Korea Shipbuilders’ Association (Koshipa) held a commemorative ceremony for ‘The 6th Shipbuilding Korea 2009’ on September 15th. The ceremony was attended by about 300 shipbuilding figu...
2009-09-16 06:44:05
Ship exports surpass $50bn
South Korean shipbuilding industry’s export value is forecast to surpass $50bn mark this year for the first time as a single export article. Although shipbuilding industry is facing crisis worldwide, the industry is still given a great deal of w...
2009-09-16 06:38:22
Daewoo, Tsuneishi keep expanding
Despite concerns over chronic overcapacity in the shipbuilding industry, two well-established Far Eastern yards are ramping up their production capacity with fresh investment. South Korea's Daewoo Shipbuilding & Marine Engineering has recently com...
2009-09-15 13:26:16
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