Shipbuilding
Korean shipbuilders aim to keep top spot
Daewoo Shipbuilding in southeastern Korea ranks among the country's top three vessel makers. Under construction are 30 ships ranging from 300-ton oil tankers to large cargo vessels that can carry 4,000 containers. The shipbuilder generated US$10....
2009-01-06 15:10:10
Restructure-Korea, Reshuffle-China: Over-capacity?
An analyst says restructuring of small- and medium-sized shipbuilders in South Korea has taken a right direction but the effect remains to be seen. He forecasts shipbuilding slump would continue for a long time without large-scale reshuffle of Chines...
2009-01-06 13:08:05
Qingdao delivered three vessels in 5 days
Qingdao Shipyard delivered a vessel each to China Communications Construction Company, China Petroleum Ocean Enineering, and China Oilfield Services Limited within 5 days of 2008 year-end. Qingdao Shipyard has been approaching harmonious developm...
2009-01-06 07:13:04
Qingdao starts Cruiseship building base
Junuary 2, 2009, according to municipal government of Yinghai town in Jiaozhou city, the construction of cruiseship building base of Qingdao Beihai Shipbuilding Heavy Industry will begin officially in Yinghai town industrial park with a total investm...
2009-01-06 07:11:52
“Innovation & Challenge”
While newbuilding order drought is expected to continue in 2009, chief executives of South Korean major shipbuilders selected “Innovation and Challenge” as the management key words of this year. Although the market is showing a severe slump, C...
2009-01-06 05:42:11
DSME eyes 10:10 club
Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipbuilder, said on Monday it expected revenue in 2009 to reach more than 13 trillion won (abt. $10 billion), as it builds more vessels at higher prices. The South Korean shipbui...
2009-01-05 14:31:49
Hyundai Mipo to deliver its first newbuild in 2009
Hyundai Mipo Dockyard delivered its 'New Year' first ship on January 2nd. The South Korean large shipbuilder held a naming and delivering ceremony at its headquarters in Ulsan City on the day for the ship (hull no. 4028) which is the last in the f...
2009-01-05 12:02:05
Ship exports exceed $50bn : Korea
While restructuring of smaller shipyards is under way from the very beginning of the new year following newbuilding market collapse due to global financial crisis and shipping market slump, South Korea’s position as the No. 1 shipbuilding nation in...
2009-01-05 11:18:44
A 170,000-ton floating dock to get into operation
On December 26, 2008, the Jiangshan, 170,000-ton floating dock of CSSC Chengxi Shipyard, was put into operation in full swing. It was reported that the 170,000-ton floating dock built by CSSC Chengxi Shipyard has buoyancy of 50,000-ton, distance of 3...
2009-01-05 07:14:36
SCI pressing ahead VLCC newbuilds
A senior official from The Shipping Corporation of India Ltd (SCI) has confirmed that it is pressing ahead with plans to acquire four VLCC newbuildings. SCI's director of technical and offshore services U.C. Grover said on Friday that tenders wer...
2009-01-05 07:09:33
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