Shipbuilding
Shipbuilding industry in Liaoning province showing improveme
Three major ship repair bases at Dalian, Huludao, and Liaoheruhaikou (Yingkou, Panjin) around Bohai region have shown the balanced development, and the shipbuilding industry in six costal cities is accelerating. Constructions for two newly-emerging s...
2008-12-09 07:46:13
Sungdong breaks new ground for on-land construction
Sungdong Shipbuilding & Marine Engineering in South Korea has succeeded in constructing a 170,000-dwt bulk carrier, the largest ship ever built through an on-land construction method. Sungdong said Load-Out (pulling a ship into a floating dock) wo...
2008-12-08 16:09:28
Japan export order sinks
Newbuilding export orders placed at Japanese shipbuilders sank to a 17 year low in October due to the global credit crunch. Newbuilding orders fell to a 17 year low in OctoberJapan Ship Exporters’ Association (JSEA) member yards reported orders f...
2008-12-08 13:37:13
Rongsheng denies Vale cancellation
China's Jiangsu Rongsheng Heavy Industries says reports that the company’s contracts for very large ore carriers (VLOCs) have been cancelled are groundless. Shipyard president and chairman Chen Qiang says Rongsheng is now arranging refund guaran...
2008-12-08 10:43:41
Marmaras pulled capes duo
Marmaras Navigation, the bulker arm of the Diamantides group of Greece, is said to have cancelled its pair of capesize-bulker newbuildings at Hyundai Heavy Industries in South Korea. Market sources say Marmaras, a long-established client of Hyunda...
2008-12-08 10:02:17
Gdansk Shipyard deal
The Polish property ministry has agreed a deal with the owner of Gdansk Shipyard to pay off debts. Ukrainian steel company Donbas will be allocated aid worth PLN 150m ($49.15m). The ministry said the additional financial assistance would allow the...
2008-12-08 08:08:00
Russian government aid for shipyard
Russia is prepared to use government cash to help build a new shipyard at Primorsk, the country’s biggest oil terminal. The Delovoi Peterburg newspaper said the money will go towards the RUB 58bn ($2.1bn) cost of the project, which is being deve...
2008-12-08 07:59:28
Eisa added four panamaxes
Brazilian shipbuilder Eisa has secured a $349m contract from national tanker operator Transpetro to build four panamaxes at its Rio de Janeiro yard. The contract award is part of Transpetro’s programme to modernise and expand the tanker fleet, ...
2008-12-08 07:53:43
Guangdong Jiangmen Yinzhouhu has become a hot spot in shipbu...
Global financial crisis brought a tremendous strike on Chinese shipbuilding industry this year, Jiangmen Yinzhouhu at Guangdong province in China is vigorously leading the shipbuilders in the western part of Guangdong province and private shipbuilder...
2008-12-08 07:18:46
Chinese facing order cancellations
According to the news report on December 1, world’s 14 VLOC orders in total have been cancelled. The twelve 400,000dwt VLOC newbuildings worth USD 1.6bn (about CNY 10.9bn) that Brazil’s Vale do Rio Doce (Vale) ordered at Jiangsu Rongsheng Heav...
2008-12-08 07:13:16
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