Shipbuilding
China orders plunge 96%
New orders for Chinese shipyards dropped 96 percent in the first five months, the Ministry of Industry and Information Technology said. The value of total industrial output by domestic shipyards reached 203.3 billion yuan (US$30.0 billion) in the fir...
2009-06-24 07:50:53
Grandweld wins new shipbuilding contracts
Grandweld recently held keel laying ceremonies for two 36m Utility Vessels and one 41m Crewboat for repeat customer Humaid Badir Marine Shipping Est, a UAE based fleet operator. The three vessel order is said to signal a strong 2009/10 order book ...
2009-06-24 07:35:51
NB cancellations exceed 1,000 mark
Shipbuilding cancellations in November last year reached 154 and similarly dismayed shippers and shipbuilders, but the worst is yet to come. “As of April, there are already some 1,000 cancelled newbuildings from all around the world and the numb...
2009-06-24 07:25:10
China ship industry growth slows
In the first five months of this year, China's enterprises above a certain scale (enterprises with minimum annual sales of 5 million yuan) in the ship industry realized a total export delivery value of 96.8 billion yuan ($14.1bn), an increase of 25.8...
2009-06-24 06:55:43
No new orders in May
In May, there was no single newbuilding contract reported. And now the total number of contracts reported so far this year is 68, equating to just 0.8m cgt and 1.5m dwt. According to the data released by Clarkson Research Services (CRS) this month, g...
2009-06-24 06:41:34
Daewoo wins two passenger ships
South Korea’s Daewoo Shipbuilding & Marine Engineering is said to have received an order for the construction of two passenger ships from a Greek shipowner. According to industry sources, Greece’s Attica Holdings is ordering two 2,000-passenge...
2009-06-23 12:37:40
German yard wins €38m Navy order
German shipyard Peene Werft has received an order to equip five mine sweepers belonging to the German navy with a new anti-mine drone system. The order is valued at €37.9m ($52.6) and is being funded by the economic stimulus package with which ...
2009-06-23 07:28:12
CSSC partners with China Shipping, Baosteel
As newbuilding orders plunge at Chinese shipyards, China State Shipbuilding Corp is partnering with China Shipping (Group) and Baosteel in its Guangzhou yard. Figures released by the Chinese Ministry of Industry and Information Technology show th...
2009-06-23 07:15:05
Russian wins two more tankers
Russia's Krasnoye Sormovo shipyard has won a contract to build two RST22-type tankers for Turkmenistan’s state river and sea shipping company Turkmendenizderyaellary. Nikolai Zharkov, director general of the shipyard, said each ship was costing ...
2009-06-23 07:09:47
STX-Petrobras build new shipyard in Brazil?
South Korea’s STX Corporation is reportedly mulling constructing a new shipyard in Brazil in co-operation with Brazil’s state-owned oil major Petrobras. South Korean shipbuilding rivals seem to get nervous about the news as they concentrate th...
2009-06-23 06:55:03
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