30% y-o-y downturn in 1Q NB deliveries [Shipbuilding]
Global shipyard output stood at 348 ships of a combined 22m dwt (8.6m cgt) in the three months that ended on March 31, down by more than 30% year-on-year in dwt terms, on an annualized basis. In full year 2018, according to Clarkson Research, ...
2018-05-08 07:14:47
HMD took 51% less Q1 operating profit [Shipbuilding]
Hyundai Mipo Dockyard (HMD) announced through a regulatory filing on May 3 that its 1Q operating profit (interim, consolidated basis) declined by 50.9% to around KRW23bn from the same time last year’s KRW46.8bn. The revenue in the same perio...
2018-05-08 07:14:12
Korea's in-house developed car ferry developed [Shipbuilding]
Dae Sun Shipbuilding & Engineering launched 19,000-ton car ferry 'Silver Could', which will be delivered to Hanil Express in October this year, on May 3 at its Yeongdo-based shipyard, Busan Metropolitan City, Korea.  The Silver Cloud ...
2018-05-08 07:13:41
"Race continues for supersize boxships" [Shipbuilding]
The market continues to witness order rally for super-large boxships The UK-based Zodiac Maritime decided on May 2 to order four neo-panamax containerships at Hyundai Heavy Industries (HHI). Yang Ming of Taiwan is poised to make a newbuilding ...
2018-05-08 07:13:06
HHI signaling a markup [General]
A market analyst predicted an additional ship price markup by Hyundai Heavy Industries (HHI), who has enough orders to keep it busy for next two years even with its poor Q1 result. Lee Kyung-ja, an analyst with Korea Investment & Securit...
2018-05-08 07:09:15
Korea signs ODA with Vietnamese maritime industry [General]
The Korea Marine Equipment Research Institute (KOMERI) singed ODA (Official Development Assistance) agreement with Vietnam Shipbuilding Industry Association in cooperation with the Korea Offshore & Shipbuilding Engineering Cooperative (KOSEC)...
2018-05-08 07:06:52
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