"Share price down, ship price up" [Shipbuilding]
While share prices in Korean shipbuilding industry are plummeting amid mammoth shipbuilders' decision on paid-in capital increase, an industrial expert in the country announced that this is a similar situation to a decade before.  Park Mo...
2018-01-02 07:16:36
DSIC developing smart crude carrier [Shipbuilding]
It turned out that China's Dalian Shipbuilding Industry Co (DSIC) is developing smart crude carrier for the first time in the country.  Guan Yinghua, Deputy Technical Director at DSIC, announced via a local press that the 'smart ship 1.0 ...
2018-01-02 07:16:06
Samkang commissioned to build patrol vessel [Shipbuilding]
Samkang M&T, a Korean manufacturer of heavy wall pipes, marine equipment and newbuildings, announced on December 28, 2017, that it won one new patrol combatant (1,500 tons) from the Korea Coast Guard (KCG) at KRW 61bn (approximately $57m). ...
2018-01-02 07:15:38
CDB FL orders 208K BC quintet [Shipbuilding]
China Development Bank Financial Leasing (CDB FL), a subsidiary of China Development Bank (CDB), turns out to have placed orders at two of its compatriot shipbuilding factories for five Newcastlemax bulkers at the end of December, 2017. Accord...
2018-01-02 07:15:13
[Feature] Wrapping up 2017 [Shipbuilding]
In 2017, many Korean shipbuilders have achieved its performance goal set at the beginning of the year, indicating a kind of turnaround from 2016’s severe order drought. Korean shipbuilders have led global tanker newbuilding market, signing a...
2018-01-02 07:14:38
Korean 'Big3' elevated order targets [Shipbuilding]
Korean 'Big3' shipbuilders have set their 2018 order goals higher than 2017's. Hyundai Heavy Industries Group set the 2018 target as $13.2bn for shipbuilding and $1.6bn for offshore, reflecting a strong confidence in market recovery.  ...
2018-01-02 07:13:58
Vitol lengthens VLGC series at HHI? [Shipbuilding]
Vitol has reportedly increased its newbuilding tally of VLGCs at Hyundai Heavy Industries. The energy company was said to have inked two 84,000-cbm Very Large Gas Carriers at HHI in August 2017, followed by two more orders in October. And now,...
2018-01-02 07:12:21
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