Vessel deliveries typically slow down towards the end of the year. If shipowners wait a few weeks, allowing the delivery to slip into the new year, the vessel is considered a whole year younger. Many sectors can expect a higher proportion of the orderbook to hit the water in future years.
News ID: 80274 Publish Date : 2018/11/02
Japanese shipbuilders received export orders for a total 536,000 gross tons or 18 vessels in June, down 46.9% year on year but up 7.1% from May, Japan Ship Exporters’ Association data showed.
News ID: 80117 Publish Date : 2018/07/15
Japan's largest shipbuilder Imabari Shipbuilding is acquiring a domestic rival Minaminippon Shipbuilding as of April 1. The yard says the move will boost production capacity and international competitiveness.
News ID: 78396 Publish Date : 2018/02/04
With the shipping industry set for $114bn in capital expenditure for newbuildings next year alone finding funding will be a major issue for the industry according to analyst Crucial Perspective.
News ID: 77830 Publish Date : 2017/12/23
Chinese shipbuilders have secured the majority of last week’s reported orders, bolstering further China’s status as a top shipbuilding nation.
News ID: 77696 Publish Date : 2017/12/16
Newbuilding contracting has risen from a low in 2016 to a slight rise this year, said DNVGL Greater China regional manager Torgeir Sterri at a press briefing on the sidelines of Marintec China.
News ID: 77596 Publish Date : 2017/12/08
Qingshan Shipyard, a subsidiary of state-owned Sinotrans & CSC with more than 60 years of history, has confirmed a plan to cease its core shipbuilding business due to the protracted industry recession, reports said.
News ID: 76135 Publish Date : 2017/09/06
Embattled Sinopacific Shipbuilding Group’s Zhejiang Shipyard is planning to let go close to 50% of its current 560 workforce amid the yard’s bankruptcy reorganisation and dwindling workload.
News ID: 75491 Publish Date : 2017/08/09
Some major market indicators are better, but yards remain underemployed and newbuilding and second-hand prices have not yet hit bottom
News ID: 75449 Publish Date : 2017/08/07
NEWBUILDING prices in China have started to head south again amid volatile freight markets, following a short-lived rally earlier this year. This has cast a cloud of uncertainty over market prospects that had just shown a glimmer of optimism.
News ID: 74822 Publish Date : 2017/07/07
Singapore-listed Yangzijiang Shipbuilding (Holdings) has bagged six effective orders in the second quarter of 2017 totaling in USD 133 million, the company said in a stock exchange filing on Monday.
News ID: 74790 Publish Date : 2017/07/06
Mitsui OSK Lines (MOL) and Mitsui Engineering & Shipbuilding (MES) have partnered to develop the next-generation vessel monitoring and support systems for commercial applications.
News ID: 74642 Publish Date : 2017/06/25
New shipbuilding orders at China’s shipyards over the first four months have continued to shrink on the back of reduced orders by shipowners, according to the latest figures released by China Association of the National Shipbuilding Industry (Cansi).
News ID: 73980 Publish Date : 2017/05/17
China’s Cosco (Qidong) Shipyard has entered into a contract with a European buyer to build one floating storage regasification unit (FSRU) module.
News ID: 73966 Publish Date : 2017/05/16
South Korean shipyards emerged on top for new orders in April, Business Korea reported quoting industry data.
News ID: 73885 Publish Date : 2017/05/12
China’s Ministry of Industry and Information Technology (MIIT) has announced changes to the country’s white list shipyards with the removal of seven yards and the addition of six.
News ID: 73664 Publish Date : 2017/04/29
Two workers have died at Taiwan’s CSBC shipbuilding site in Kaohsiung on Saturday while they were working on a semi-submersible heavylift ship, according to an announcement by the local authority.
News ID: 73442 Publish Date : 2017/04/17
COSCO Shipping Holdings, the world’s fourth largest boxship owner, is delaying the delivery of six 20,000 teu containerships on order from 2018 to 2019, as part of an effort to fend off another price war on Asia-Europe trades.
News ID: 73198 Publish Date : 2017/04/04
SINGAPORE-LISTED and China-based Yangzijiang Shipbuilding added 13 new contracts totaling $318m to its orderbook in the first quarter of 2017.
News ID: 73197 Publish Date : 2017/04/03
JAPANESE shipbuilders received nine newbuilding export orders totalling 654,700 gt last month, up 68% year on year in tonnage terms from seven orders amounting to 389,500 gt in February 2016.
News ID: 73052 Publish Date : 2017/04/03