Shipbuilding
Longxue starts production
Ship repair project of Zhongchuan longxue shipbuilding base, quay No. 2-4, passed middle inspection from related sectors including harbor bureau of Guangzhou city in December 26, 2008, which means it has reached basic trial production condition. L...
2009-01-13 07:15:43
Zhangzhou shipbuilding association was established
Fujian Zhangzhou shipbuilding association was established on December 29, 2008. It has 58 member companies in mainly shipbuilding and other related industry in coastal cities, such as Dongshan, Zhangpu, Shaoan, Yunxiao, and Long’an, etc. In rece...
2009-01-13 07:14:05
Order targets down: Samsung set $10bn
South Korea’s major shipbuilders dropped their 2009 order-receipt targets compared to last year’s as financial crisis and shipping market slump are expected to continue this year. Samsung Heavy Industries, which had solely accomplished the order ...
2009-01-13 05:51:48
Shipbuilding: Recession-Proof
Despite gloomy economic climate, South Korea’s ship exports are expected to increase 31.5% from last year to $53bn in 2009. Shipbuilding is also the only business that is forecast to continue boom in output and exports in 2010 as well. Altho...
2009-01-13 05:44:02
Hudong agrees to 8,500TEU cancellation
Greece’s Costamare Shipping, one of the major international operators of container vessels for charter, has cancelled three of a series of four post-panamax ships on order in China, in what seems to be an agreed deal with the yard. An executive...
2009-01-12 07:44:17
Hyundai to build new frigates
Hyundai Heavy Industries has been awarded a contract to build the lead ship of the South Korean Navys new 2,300 ton-class frigates to begin service in 2011, a military source said recently. The Defense Acquisition Program Administration (DAPA) signed...
2009-01-12 07:33:52
Clarkson downgraded boxship market
Recently released data from Clarkson research institution revealed, despite the global financial crisis, the containership trading volume will still show growing tendency in 2009. However, it was warned that the massive volume of shipping capacity sc...
2009-01-12 06:56:10
Urging of review on restructuring
A governor in a South Korean province strongly opposed the plan of restructuring of small and medium sized shipbuilders, saying it is absolutely disadvantageous to the newly-built shipyards located at the province. On January 11th, Park Joon-yung,...
2009-01-12 06:05:35
Cosco falls on contract worry
Singapore-listed shipbuilding company Cosco Corp (COSC.SI) fell as much as 11 percent on Friday on worries it was losing contracts. India's Great Eastern Shipping Co Ltd (GESC.BO) said on Thursday it had cancelled two new ship-building contracts with...
2009-01-10 17:47:57
World Shipbuilding status
2009-01-09 12:51:53
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