Korean Big 3 took lion’s share [Market Information]
From the beginning of the year through November, global order intake of shipbuilding industry recorded 725 units at 59.7m dwt (19.5m cgt), which is yoy 106% increase in terms of annualized dwt. According to Clarkson Research’s December repor...
2017-12-29 14:13:35
Korea accounts for 34% in global NB deliveries [Market Information]
It turned out that shipyard in the world delivered 1,314 new ships of a combined 87.90m dwt (29.4m cgt) from January to October this year. Total deliveries in October stood at 59 vessels of 3.5 m dwt, the lowest monthly delivery level so far this...
2017-12-29 14:12:52
Marubeni-PTT start a joint feasibility study [Shipping]
Marubeni Corporation (“Marubeni”) announced on December 27 that it started a joint feasibility study with PTT Public Company Limited (“PTT”), Thailand`s national petroleum and petrochemical company, which aims at implementing LNG refuelin...
2017-12-29 07:16:49
Wärtsilä’s ESS for North Sea Giant [Equipment]
The technology group Wärtsilä has anounced on December 22 that it agreed to retrofit the world’s first energy storage solution on board a large offshore supply vessel. The North Sea Giant, one of the world’s largest and most advanced subsea...
2017-12-29 07:16:13
ClassNK releases amendments to class rules [Shipping]
Leading classification society ClassNK has announced on December 27 that it released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on 25 December 2017.   ClassNK is constantly revising its Rules and Gu...
2017-12-29 07:15:33
STX: shorter payroll, thicker orderbook [Shipbuilding]
STX Offshore & Shipbuilding announced on December 28 that 66 of its employees will voluntarily retire on December 31. The company has accepted a demand for additional lay off in exchange for Refund Guarantee for seven vessels it had been awar...
2017-12-29 07:14:57
Korean minister visits Sungdong & STX [Shipbuilding]
The Ministry of Trade, Industry and Energy (MOTIE) announced on December 28 that minister Paik Un-Gyu visited Sungdong Shipbuilding & Marine Engineering and STX Offshore & Shipbuilding to had conversation with labor union and management. ...
2017-12-29 07:13:33
Warm breeze in shipping world [Shipbuilding]
It seems active S&P market and the recovery of dry bulker and container sectors are driving a recovery of the global shipping industry. ‘Shipping Heat Index,’ Clarksons Research’s index developed to indicate rates and investment in t...
2017-12-29 07:12:54
Antong orders 12 boxships [Shipbuilding]
Antong Holdings-affiliated Quanzhou Ansheng Shipping placed orders at its compatriot shipyards for 12 640 teu containerships. It is known that the Chinese liner shipping company ordered the 12 newbuildings from Fujian Southeast Shipbuilding, F...
2017-12-29 07:12:34
Korea to announce solution for key business [General]
The Korean government will announce a countermeasure for the first quarter of 2018 to support and restructure key export businesses in the country such as shipbuilding, shipping and automobile sectors. Also, there will be a solution for two cash-...
2017-12-29 07:12:13
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