Shipbuilding
Shipbuilding slump reaches rock bottom
Newbuilding market recovery is forecast to come earlier as shipping freight rates fall, shipbuilding contraction and old ship scrapping have accelerated. According to industry players, shipping and shipbuilding industry moves in a particular cycle...
2009-07-23 06:12:25
Yards overwhelmed by delayed newbuilds
Shipyards in South Korea are having difficulties in mooring newbuildings of which delivery had been delayed by shipowners’ request. As yards have had a rush of owners’ request for delivery delay, there are a great number of newbuildings moored...
2009-07-22 12:35:19
Waigaoqiao completes 3m dwt in H1
China’s Shanghai Waigaoqiao Shipbuilding (SWS) has advanced the completion and delivery of the 105,000-dwt tanker ‘Mindoro’ for Greece’s Cardiff by four months and the shipbuilder’s total output for the first half of this year hit 3,045,900...
2009-07-22 11:47:45
Jiangsu yards face severe order drought
Shipbuilders in Jiangsu Province are suffering from severe orders drought and even large shipbuilding companies say order intake situation is very bad this year. A limited number of shipbuilders including Jinling Shipyard, Dongfang Shipbuilding an...
2009-07-22 10:32:26
Japan tops handysize bulker orders
Japanese shipowners have the largest number of handysize bulkers on order accounting for 14%. Some 102 ships of 3.3 million dwt are on order for Japanese-based principals out of the total of 718 ships, French broker Barry Rogliano Salles (BRS) say...
2009-07-22 07:13:41
One third of boxship newbuilds delayed
One third of all containership newbuildings have been successfully delayed due to the financial crisis. Ships above 4,000-teu occupy the majority of the deferrals, with delivery set back by an average of eight months, Alphaliner says. It says d...
2009-07-22 07:08:36
OPK yard renewal by 2013
Russia’s United Industrial Corporation (OPK) has recently delivered St Petersburg, a diesel-electric icebreaker, to Russian port federal body Rosmorport. The vessel was built at OPK’s St Petersburg-based Baltiysky Zavod yard. OPK also owns a s...
2009-07-22 07:03:36
Fresh optimism in newbuilding market
A closing of a gap between newbuilding and secondhand ship prices is creating fresh optimism in the newbuilding market. An escalation of unconventional opportunities is also starting to help the market, the world’s largest shipbroker Clarkson sa...
2009-07-22 06:46:17
Korea-US build midsize Aegis destroyer
South Korean and US companies jointly build midsize Aegis destroyers to export them to other countries. Lockheed Martin, the largest company in defense industry of the US revealed that it had signed a memorandum of understanding last year with the...
2009-07-21 16:58:45
New orders jump to 1.9m dwt in June
According to Clarkson Research Services statistics, 12 newbuildings equating to 1.9m dwt were contracted in June worldwide, showing a significant improvement against May when no new orders were placed. The order intakes in June also hit the highest l...
2009-07-21 16:36:41
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