Korean equipment manufacturers struggle to survive [Equipment]
Equipment manufacturers in the southwestern part of South Jeolla Province (Jeollanam-do, or Jeonnam) of Korea, which are suffering from the order drought of Hyundai Samho Heavy Industries (HSHI), the core company of Daebul National Industrial Com...
2017-08-17 07:19:56
Wan Hai cancels eight feeders [Shipbuilding]
Wan Hai Lines, a Taiwanese shipping company recently canceled an order at Naikai Zosen in Japan for a series of feeder container ships.   The order, which was placed in June 2016 was for eight 1,800teu feeders. The shipping company explain...
2017-08-17 07:18:44
YZJ wins 82K BC from European owner [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ), one of the largest privately-owned shipbuilders in China, turns out to have won one Kamsarmax bulker from a European operator.  According to industrial sources and market reports, YZJ has r...
2017-08-17 07:17:59
"New orders coming from September" [Shipbuilding]
Some industry officials expect an upward momentum in newbuilding price with a number of newbuilding contracts to be materialized in coming September, after a traditional ‘summer lull.’   While the Clarksons Newbuilding Price Index stay...
2017-08-17 07:16:23
Shipbuilders get out of long slump? [Shipbuilding]
Cargotec, a Finnish company that manufacturers cargo-handling machinery for ships, ports, etc., has expected that the shipbuilding market is likely to get out of its slump which has continued in recent years.   CEO Mika Vehvilainen has re...
2017-08-17 07:15:34
"Hanjin Heavy to see good results in 3Q" [Shipbuilding]
Hanjin Heavy Industries and Construction reported that its 3Q earnings will be good, as earnings are unlikely to suffer from any risks and negatives are already reflected in the past results. Yang Hyung-Mo, a researcher at eBest Investment Sec...
2017-08-17 07:14:07
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