Shipbuilding
Russia-Finland cooperation in shipbuilding
The Association of Finnish Marine Industries and Russian joint stock company United Shipbuilding Corporation (OCK) have signed a cooperation agreement in Helsinki, with an aim to explore the opportunities of Finnish shipbuilding and marine industry t...
2009-05-29 15:17:47
Korea-Russia to build fisherboat shipyard
South Korea and Russia build a joint venture shipyard in Nakhodka near Vladivostok with view to build mainly fishing vessels from December this year. Russian government is planning to construct 562 fisherboats by 2012 with ‘Shipbuilding Developm...
2009-05-29 13:25:49
Technical upgrade of Ukraine shipbuilding
Ukrainian Journal cited Mr Volodymyr Novitsky Industry Minister of Ukraine as saying that the need for investment in the technical re-equipment of the Ukrainian shipbuilding sector over the next 5 years to 7 years is estimated at some UAH 20 billion....
2009-05-29 08:14:18
Regeneration of Bulgarian shipbuilding
Bulgarian shipbuilding has undergone hard times, but its regeneration has starred in the last few years, Bulgarian Prime minister Sergey Stanishev said during his visit to coastal Varna. The Prime Minister added that the shipyard in Vrana is the ...
2009-05-29 07:33:05
Annual deliveries of 60m gt
In the period between 2009 and 2020, newbuilding deliveries are expected to come to 60m gt per annum on average. The Korea Shipbuilders’ Association (Koshipa) on May 27th held a seminar in Seoul and announced its forecast on long-term shipbuildi...
2009-05-29 06:24:46
New 'Turtle Ship' Excursion Ship
An excursion ship shaped like the “Turtle Ship” is set to be constructed in South Korea. Yeosu City plans to build the 400-ton class ship for KRW 4.4bn ($3.5m). The pleasure boat will be equipped with 3D imaging systems, observation platfor...
2009-05-28 14:52:55
Japan ranks 1st in order receipts
According to the Korea Shipbuilders’ Association (Koshipa), South Korean shipbuilders have received new ship orders of 171,000 cgt in the first quarter of 2009, placing 2nd in market share following Japan. Koshipa on May 27th held a seminar in S...
2009-05-28 13:44:13
Turkey's Çiçek delivers 3,087 d...
Turkey's Çiçek Shipyard has delivered the 3,087 dwt double-hull tanker Frecciamare to the Italian shipowner Ciane Anapo Spa, part of the Novella Group. Frecciamare was completed as Chem Flower, the first of four identical vessels no...
2009-05-28 07:24:27
Building permits for 595 ships in 2008
The Maritime Bureau of Japan's Ministry of Land, Infrastructure, Transport & Tourism (MLIT) issued building permits for a total of 595 ships totaling 22,653,000 grt in fiscal 2008. This was an increase of 182 ships over fiscal 2007, and the secon...
2009-05-28 07:11:26
Shares on the upswing..
Amid new orders drought, South Korean shipbuilding stocks are on the upswing. Since April 29th, net foreign purchases of shipbuilding stocks at Korea Exchange were KRW 1.135trn ($895m). Jo Yong-jun, head of research center, Shinyoung Securities...
2009-05-28 06:32:30
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