Shipbuilding
Economic meltdown: Little impact on Indian shipyards
Global economic meltdown had very little impact on Indian shipyards whose order book is intact unlike the major shipbuilding countries like South Korea, China and Japan accounting for 84 per cent of the global market. “Despite the global econom...
2008-12-18 07:04:10
Vietnamese shipbuilders on the verge of bankruptcy
Banks’ tight monetary policy and the interest rates’ rise are driving Vietnamese shipbuilders in Xuân Trường county, Nam Định province into extremity. Some banks stopped paying existing loan which signed with shipowner...
2008-12-18 06:59:12
ABG faces three seismic order cancellation
India’s largest private sector shipbuilder ABG Shipyard is running the risk of cancellation of orders worth Rs 1,000 crore ($211m) as the prospective Norwegian buyer for three seismic surveyor vessels is facing financial crunch. The Norway-based...
2008-12-18 06:24:28
First cancellation of newbuilding in Japan
The cancellation of newbuilding order which have become effective seems to have occurred for the first time in Japan. According to market sources, the canceled order was placed by a leading Japanese shipowner at a compatriot shipyard and the down ...
2008-12-18 06:03:29
Samsung christens 13,300TEU
Samsung Heavy Industries held a naming ceremony for the world’s largest 13,300-teu containership on December 16. The ship is the first ship of the series of eight ultra-large boxships with a length of 366 meters, breadth of 51.2 meters ordered f...
2008-12-17 17:01:07
Shin An delivers its first ship
Shin An Heavy Industries, a newly-rising shipbuilder in South Korea, has delivered its first ship on December 16 in 20 months after it started construction of the vessel. The naming ceremony for Shin An’s first ship was held Tuesday and about 50...
2008-12-17 16:15:08
Daewoo in a VLCC newbuilding negotiation
Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea is reportedly in the final phase of negotiation for the construction of very large crude carrier. The orderer seems to be Greek or Middle East shipowner and the delivery date is said t...
2008-12-17 15:07:07
‘Golden Era’ has gone
Shipbuilding Industry has riding the economic wave with timetable. 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...
2008-12-17 11:53:04
Hudong-Zhonghua dilivered 8,530TEU
China's largest self-design and constructed 101,000dwt container ship was delivered in Shanghai on December 12. It has a length of 335m and its height from bilge to deck reaches 7-8 floors. This vessel, known as the XIN FEI ZHOU, is a ‘super-la...
2008-12-17 07:41:50
Inland-river ships newbuilding boom again
According to the data, the number of vessel under construction on the inland river has already exceeded 150 units, most of them are 500-2000ton dry cargo ships. Due to the explosive expansion of shipbuilding business on inland river, some shipyards a...
2008-12-17 07:38:50
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