Japan squeezed out of market? [Shipbuilding]
A broker outfit argued that Japanese shipbuilding industry is being squeezed out of the shipbuilding market due to high shipbuilding costs and transition in industry structure in the country. "Japanese yards are asking $32-33m per Tier III kam...
2018-05-28 07:18:02
WUT Guangda won river-sea boxships [Shipbuilding]
A newly founded JV yard WUT Guangda Shipbuilding recently took order for new containerships from a compatriot operator Wuhan Newport Changhai Container Shipping. According to foreign media, Wuhan Newport Changhai has ordered two 1,100-teu new ...
2018-05-28 07:17:39
Korea eyeing comeback in offshore world [Offshore]
Korean offshore and shipbuilding industry, which once had enjoyed glorious days in offshore business before its great downfall, is seeking another chance. Currently with rising oil price and even brighter prospect, offshore market is now again...
2018-05-28 07:17:01
AET chose Korea for shuttle tankers [Shipbuilding]
A tanker operator AET, an affiliated company of MISC Group of Malaysia announced on May 25 that it is extending DP shuttle tanker partnership with Petrobras. The outfit recently has explained that the company signed a contract for ownership and o...
2018-05-28 07:16:20
"Ship price will climb higher" [Shipbuilding]
Nomura Securities presented positive prospects for the shipbuilding industry, particularly Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI). "Recovery has been maintained in April tanker and boxship segment, showing 7.4% and 1...
2018-05-28 07:15:47
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