"Fall of Chinese shipyards accelerated further" [Shipbuilding]
Chinese shipbuilding industry is said to have become weaker, resulting from the limit of technology, a lack of design expert, etc.   Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, explained on August 16, "A problem...
2018-08-20 07:15:19
Norden makes scrubber investment for 26 TKs [Shipbuilding]
Norden has recently announced that the Danish tanker operator will install scrubbers in its 26 vessels with a view to deal with the IMO's 2020 global sulfur cap.  Norden explained it has ordered two new vessels with scrubbers, will retrof...
2018-08-20 07:14:49
DSME recovers profitability in merchant ship [Shipbuilding]
A researcher predicted that Daewoo Shipbuilding & Marine Engineering (DSME) will recover profitability in merchant ship segment with risks in offshore market diminishing. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment com...
2018-08-20 07:14:21
YZJ revenue enjoyed 120% growth in 2Q [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ), the largest private shipbuilder in China, enjoyed great Q2 revenue result at CNY7.6bn, which means yoy 120% growth, said CGS-CIMB Securities. It is also said that YZJ has delivered 20 ships in the ...
2018-08-20 07:13:48
Zvezda-DSME LLC filed bankruptcy [General]
The modernization project of Zvezda yard, started by Daewoo Shipbuilding & Marine Engineering (DSME) nine years ago, eventually fall apart. According to Russian media and industry sources on August 17, Zvezda-DSME LLC, a joint venture betw...
2018-08-20 07:13:13
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