Shipbuilding
1/3 of orders to build bulk carriers seen axed
At least one-third of orders to build dry-bulk ships may be cancelled and many others delayed due to the global financial crisis and tight lending conditions, industry insiders and analysts said. Demand for ocean transport has plummeted due to falli...
2008-11-10 10:01:17
Wonyoung Shipbuilding gives up entering newbuilding market?
South Korea’s newly-rising shipyard, Wonyoung Shipbuilding Co.,Ltd. (WSCL) seems to have given up on branching out into newbuilding market. As it was not able to procure the R/G (Refund Guarantee) from banks for ten bulkers of 34,000dwt on order...
2008-11-10 08:58:51
Hyundai wins four more 4,500-teu vessels
Hyundai Heavy Industries of South Korea is said to have received an additional order for four 4,500-teu containerships from Maersk Line for around $91m each. The ships are scheduled for delivery between 2010 and mid-2011 and they are reportedly op...
2008-11-10 07:05:37
China halts approval of new shipbuilding projects
It is reported that China's shipbuilding industry has been facing tough market conditions in the second half of this year. To handle the problem, the Ministry of Industry and Information Technology has lately declared to strictly control new projects...
2008-11-09 16:11:49
Shipbuilders postpone new investments
Hyundai Mipo Dockyard and Hyundai Heavy Industries have postponed, following one after another, their plans to construct new factories thanks to the current severe economic slump. According to industry sources, as shipbuilding market got worse due...
2008-11-07 14:42:23
Kawasaki Shipbuilding Corp. delivers a small coastal LNG car...
Japan’s Kawasaki Shipbuilding Corp. (KSC) delivered a 2,500-cbm coastal LNG carrier, the Shinju Maru No.2., on Oct 31. According to the news reports from Japan, the contractual owner of the ship is Chuo Kaiun, and this is KSC's 3rd unit of iden...
2008-11-07 12:14:37
China ship exports stand at $13.7bn until Q3
China’s imports and exports of ships are increasing in 2008 despite the worldwide hike in energy and raw material prices, and the upvaluation of yuan. According to Chinese customs statistics, China’s exports of ships until the third quarter th...
2008-11-07 11:57:51
Newbuilding orders stopped
A rise in exchange rate has become an opportunity for South Korean shipbuilding industry to have competitive price, but it seems of no use, as the worldwide recession has stopped the newbuilding orders. South Korean shipbuilding industry says, Hyunda...
2008-11-07 11:12:51
Shipbuilding orders would be recovering
Samsung Heavy Industries, following Hyundai Heavy Industries, recently announced the largest business showing on quarterly basis, boasting of its solidity. Although shipbuilding industry is now in difficulties due to the slack in shipbuilding ord...
2008-11-07 10:51:16
Philly launches 6th product tanker
Aker Philadelphia Shipyard , a leading U.S. commercial shipyard, launched its sixth product tanker in a series of twelve today representing the mid-point of the series. When completed, the 600 foot long vessel will be sold to American Shipping Compan...
2008-11-07 09:43:58
Start  Prev  1471  1472  1473  1474  1475  1476  1477  1478  1479  1480  Next  End