Shipbuilding
Cruiseship orders drought
A continuing drought in orders for new cruiseships will drive vital expertise away from the European shipbuilding industry, leaving it hard-pressed to respond to industry demand for new vessels once the economic recovery begins in earnest. Fincan...
2009-05-21 07:14:33
Japan challenges shipbuilding support at OECD
The Japanese government is looking to resurrect international shipbuilding competition talks amid growing concern over the level of financial support being offered to their Chinese and South Korean rivals. A senior official within Japan’s Ministry ...
2009-05-21 07:04:14
Building permits down 67% : 37 ships
Japanese shipyards were issued building permits for 37 ships totaling 1,506,205 grt in April 2009, according to statistics compiled by the Maritime Bureau of the Ministry of Land, Infrastructure, Transport & Tourism (MLIT). In March 2009, such permit...
2009-05-20 07:52:28
Chinese seek to limit losses
Chinese shipyards are charging penalties to international owners who wish to defer delivery of new ships and are filling the resulting spare capacity with cut-price domestic contracts. At this stage the clandestine strategy cannot be confirmed but...
2009-05-20 07:28:11
Drydocks confident of filling up slots
Drydocks World is concentrating on chasing work for 2010 and 2011, confident in the knowledge that it will fill building slots from the end of 2009 and that companies are going ahead with the repair work to which they have made commitments, executive...
2009-05-20 07:25:11
Germanish face crisis
German shipbuilders are facing difficult years due to cancellations and a lack of orders, the country’s shipbuilding association VSM warned yesterday at its annual meeting. “The majority of shipyards will not be fully utilised from mid-year o...
2009-05-20 07:16:50
Shipbuilding boosts Bangladesh
Industry Minister Dilip Barua Saturday said growing shipbuilding sector would help turn Bangladesh into a middle-income country through earning more foreign exchanges for the country. He made this remark during his visit to Western Marine Shipyard Lt...
2009-05-19 11:14:55
JES International suffers a blow
Chinese shipbuilder JES International Holdings has slumped to a CNY52.6m ($7.7m) on the back of foreign exchange losses. The losses were related to payments received for vessels that began construction in 2007 and were largely completed in the fir...
2009-05-19 08:02:36
Lindo faces gloomy prospects
A.P. Moller-Maersk's shipsyard Lindo is affected by the crisis and has not received any orders for the past 18 months and the prospect of new orders does not look good, states Nils Smedegaard Andersen. "The situation at Lindo is, that we have not rec...
2009-05-19 07:13:14
JES Int'l has two bulkers canceled
According to a local Chinese newspaper, the country's Jiangsu Dongfang Shipbuilding Co. (JES International) has had two of four 83,000-dwt Panamax bulkers canceled by Croatian owner Atlantska Plovidba. The canceled vessels were scheduled for deliv...
2009-05-19 07:09:13
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