Shipbuilding
Korea eyes $54.4bn of ship exports in 2009
South Korean government set the target of shipbuilding industry’s export at $54.4bn and plans to support the industry in full swing. Rim Che-min, the Vice Minister of Ministry of Knowledge Economy (MKE) said at the New Year’s Greetings Meeting...
2009-01-19 16:30:51
To be delayed: China's third LNG newbuild
The delivery date for China's third LNG newbuilding has slipped into 2009 with still no sign of a definite handover date for the vessel. Staff at Hudong-Zhonghua Shipbuilding (Group) Co say they cannot disclose the delivery date for the 147,000-cb...
2009-01-19 09:44:28
BP tenders: suezmax tankers
Energy major BP is on the hunt for a trio of suezmax-tanker newbuildings, providing shipyards with a glimmer of light amid the gloom. Shipbuilding sources say BP has put out an open tender for three high-specification vessels. Full details of the ...
2009-01-19 09:18:56
New icebreaker needed in the Great Lakes
Great Lakes lawmakers are hoping that another icebreaker can be added into any kind of infrastructure rebuilding plan that comes out of Congress. Congresswoman Candice Miller (R-MI) recently joined her Senate and House colleagues of the Great Lakes r...
2009-01-19 07:25:12
Chouest outlines Tampa Ship plans
Edison Chouest Offshore in the U.S. has outlined some of its plans for its latest shipyard venture, Tampa Ship, in Tampa, Fla. On November 18, 2008, Edison Chouest Offshore officials appeared before the Tampa Port Authority to negotiate the assign...
2009-01-19 07:22:15
United Shipbuilding to cut costs
United Shipbuilding Corporation (USC) will cut its costs because of economic crisis, RBC cites USC President Vladimir Pakhomov as saying at the ceremony dedicated to opening of USC office in St. Petersburg. "USC plans have been adjusted in view of th...
2009-01-19 07:20:15
Six bulkers cancelled at JES International
Two mystery shipowners have chopped six bulker newbuildings worth $160m at China’s JES International Holdings and escaped with their respective deposits intact. The duo have also delayed the delivery of another half-dozen handymax units in the late...
2009-01-19 07:11:56
Revitalization plan of shipbuilding industry
Following steel and automobile industries, the planning of shipbuilding industry’s revitalization is also formulated in full swing. According to the report from authoritative sources, the arranged meeting for the shipbuilding industry’s revitali...
2009-01-17 12:13:30
CSSC flying against the wind
China State Shipbuilding Corporation’s economic aggregates (total supplies and demands) and shipbuilding output maintained rapid growth in 2008 despite of a variety of unfavorable factors. Its shipbuilding completions amounted to 8.539m dwt, a 1.98...
2009-01-16 23:30:36
Newbuilding: Ordering vs. Cancelling
It is reported that, with newbuilding orders literally vanishing during December 2008, market analysts are turning their hands towards the future balance between tonnage supply and cargoes demand, in order to reassess asset values. George Moundreas...
2009-01-16 07:41:40
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