Shipbuilding
Korea’s first icebreaking R/V launched
South Korea’s first icebreaking research vessel ‘Araon’ has been launched at Hanjin Heavy Industries & Construction’s Youngdo Shipyard in Busan City on June 11th. The research vessel is expected to be used for the exploration activities at...
2009-06-11 11:50:47
Jinhaiwan may win massive orders
According to a newbuilding market report, China’s largest emerging private shipbuilder Zhoushan Jinhaiwan Shipyard (JHW) is expected to receive massive bulker orders from a variety of domestic shipowners. Ship types are said to be capesizes and ...
2009-06-11 08:04:20
Hope for Croatian shipbuilding
Kraljevica and Croatia’s other soon-to-be-privatised yards should be sold to shipbuilding groups, according to one executive. Dragan Badzek, sales manager of Kraljevica, said at Nor-Shipping in Oslo that it was important to ensure the future of ...
2009-06-11 07:32:19
Vyborg builds a new shipyard in Primorsk
Vyborg Shipyard JSC will build a new shipyard in Primorsk (Leningrad region). All the documents required for construction have been obtained already, BIA learnt from the shipyard representative. According to the source, pre-project works are ...
2009-06-11 07:03:27
Chinese welcome ban on shipbuilding
China’s Zhoushan Jinhaiwan Shipyard and other large shipbuilders in the Zhoushan area near Shanghai have welcomed moves to suspend production of general cargo vessels for up to three years. The proposal, made by the Zhoushan government during a...
2009-06-11 07:00:08
“50% of bulker orderbook at risk”
Up to 50% of the dry bulk newbuilding orderbook will be cancelled or suffer delivery delays in the next three years, says DryShips chairman and chief executive George Economou. South Korean yards will be hit hardest by cancellations and delays co...
2009-06-11 06:56:30
Cancellations grossly inflated
Estimates of shipyard cancellations are being grossly exaggerated, according to several prominent Chinese shipyard executives and shipbrokers. Speaking at a reception that brought together over 20 Chinese shipyards, Maersk Broker president and ch...
2009-06-11 06:39:01
Russia's Vyborg Shipyard to be completed in 2011
Primorsk authorities has already approved construction of Vyborg Shipyard and the new facility is expected to be completed by 2011. It would be able to construct ships of more than 100,000 dwt. Russian federal government will provide part of the c...
2009-06-10 16:33:19
China to boost 50m dwt in 2011
China, the world's top ship builder, aims to boost production to 50 million tonnes in 2011, according to a detailed plan aimed at supporting the domestic ship building industry. The country also plans to expand its share in the global shipbuildin...
2009-06-10 15:00:12
Chinese yards bear the brunt of order cancellations
The global economic and financial crisis has had a major impact on the fortunes of the world’s shipbuilders as owners with tonnage on order — particularly bulk carriers, tankers and containerships — try to either cancel, renegotiate pri...
2009-06-10 11:24:19
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