Shipbuilding
Wadan wins 4 passenger ships
The crisis-ridden Wadan Yards in Wismar and Rostock-Warnemünde have received new shipbuilding orders totalling €1bn. Wadan Yards’ Russian co-owner Andrej Burlakow announced that four passenger ships, each worth €250m, would be built at...
2009-03-24 06:47:05
Orient Shipyard to launch its first ship
On March 23rd, Orient Shipyard of South Korea held a launching ceremony for its first-ever ship OSN-1001. The vessel is said to be the first of the three 33,300-dwt bulk carriers which were ordered by compatriot shipowner Sunwoo ST in August 2007....
2009-03-24 06:13:56
Anxiety of Chicken game
World shipbuilding industry could get into the game of chicken following semiconductor industry, according to an agency’s prospect. In the period of last shipbuilding boom and even until recently, many countries, especially South Korea and China...
2009-03-24 06:09:03
Shipbuilding protectionism burgeoning
Shipbuilding protectionism of building ships at compatriot shipyards is abruptly spreading around the world, centering on emerging nations. Developing countries such as Brazil, Russia, India, China, Vietnam and Qatar seem to be promoting shipbuildin...
2009-03-23 15:54:19
Beginning of the end for Polish yards
The blame game has begun as the deadline for the sale of three yards draws near. The final chapter in Poland's history as a leading shipbuilding nation is being penned. At least that is the only realistic conclusion that can be drawn from the issu...
2009-03-23 07:19:47
Admiralty to execute orders attracted by OSK
Admiralty Shipyards (St. Petersburg) as a part of the United Shipbuilding Corporation (OSK) will be in charge of technical execution of orders, the attraction and financing of which will be within the competence of the Corporation. According to the c...
2009-03-23 06:53:54
White knights may backfire
China's giant shipping companies are being tipped as white knights who can save the country's ailing shipyards. Cash-rich owners such as Cosco, China Shipping Group, Sinotrans and others are said to be facing increasing pressure from the Chinese g...
2009-03-23 06:40:51
Fesco nego with Samsung
Top managers of FESCO PLC held negotiations with delegation that represents Samsung Heavy Industries (SHI). It is the first meeting between Vladivostok shipping company and leading shipbuilder from South Korea. FESCO PLC has a wide experience of coop...
2009-03-20 13:41:22
Bygones: Newbuilding ordering
Newbuilding orders have grounded to a halt for more than three months now, as ship owners around the world are looking for ways to limit future tonnage supply, not to mention their weakened sentiment on the market’s prospects, at least until the wo...
2009-03-20 13:35:47
SLS still building 13 tankers for Stolt
A senior official from SLS Shipbuilding said that they are still going ahead with the construction of up to 13 ships for Stolt Tankers. Stolt Tankers on Wednesday announced that it has cancelled a contract with SLS for a 44,000-dwt coated parcel tank...
2009-03-20 13:25:43
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