Shipbuilding
China on top in number
China has strengthened its position as the largest building nation of new vessels while profits at the country’s shipyards swelled last year. News of the large market share and inflated profits comes as some fledgling and greenfield Chinese yard...
2009-02-03 07:13:37
It lasts 3 years: Global Shipbuilding Recession
After the avalanche in November 2008, world’s shipbuilding industry still shows recession. According to the latest statistics, world’s shipbuilding order for December 2008 was nearly zero. On this matter, industry experts say that world’s sh...
2009-02-02 18:20:53
Chinese shipbuilding industry entering into winter
Apart from shipping industry, shipbuilding industry of China that ranks world’s No.2 has also been deeply affected by global financial tsunami. Foreign shipowners current order cancellations at Chinese shipyards have amounted to 1 million ton, r...
2009-02-02 13:55:22
Korea-China Sea Road open: STX Group
STX Group launched a cooperative shipbuilding system between its STX Shipbuilding (Jinhae Shipyard) in South Korea and STX Dalian Shipbuilding Complex in China. STX on February 2nd announced that the ship blocks which had been constructed at the S...
2009-02-02 11:04:50
Beijing to unveil revitalization plan soon
It is reported that China's shipbuilding industry's revitalization plan has been drafted following the release of support plan for auto industry and is to submit to the State Council for approval. One principal in Zhejiang Development and Reform Comm...
2009-02-02 07:46:31
Shipbuilding witnessed massive growth in recent times
The global shipbuilding industry has witnessed many crests & troughs in its growth story from the period spanning the 1960s. With the industry dominance shifting from the European to the Asian nations such as S. Korea, China and Japan, the industry h...
2009-02-02 07:35:07
Hanjin Shipping takes delivery of two 4,300-TEU boxships
Hanjin Shipping of South Korea announced on Jan. 29 that the sixth and seventh 4,300-TEU containerships being built in 8-ship series by compatriot Samsung Heavy Industries have been delivered. The ships, the Hanjin Atlanta (right) and the Hanjin ...
2009-02-02 07:23:45
Hyundai New Shipyard to build its first ship
Hyundai Heavy Industries’ Gunsan new Shipyards which is the first large-scale shipyard in North Jeolla Province, South Korea, starts operation in earnest at the beginning of February. According to Gunsan city, Gunsan Shipyard is scheduled to hol...
2009-02-02 06:13:16
A Period of Order Drought
South Korea’s large shipbuilders are also suffering from ‘order drought’ at the beginning of this year as the marine industry slump which begun in the latter half of last year continues. According to shipbuilding industry sources, Hyundai He...
2009-02-02 06:05:20
China having bargain sale on newly built vessels
Chinese shipbuilders are known to look for shipowners to sell the newly-built vessels with cancelled order recently. Many industry experts are concerned about the newbuilding price drop which might be caused by this news. According to recent Lloyd...
2009-01-30 15:42:33
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