South Korea’s Hyundai Heavy Industries (HHI) will be divided into four companies as part of its restructuring plan aimed at improving efficiency and raising competitiveness, reports said.
News ID: 70340 Publish Date : 2016/11/16
At the start of October 2016, a set of revised criteria was introduced for China’s White List of domestic shipyards, marking a further indication that the industry in China is likely to continue to downsize, according to Clarksons Research.
News ID: 70084 Publish Date : 2016/11/09
At the start of October 2016, a set of revised criteria was introduced for China’s White List of domestic shipyards, marking a further indication that the industry in China is likely to continue to downsize, according to Clarksons Research.
News ID: 70084 Publish Date : 2016/11/09
South Korea said on Monday it plans to establish a state-backed ship financing company with an initial capital of 1 trillion won ($872 million) to help improve the financial health of Korean shipping companies.
News ID: 69969 Publish Date : 2016/10/31
South Korea said on Monday it plans to establish a state-backed ship financing company with an initial capital of 1 trillion won ($872 million) to help improve the financial health of Korean shipping companies.
News ID: 69969 Publish Date : 2016/10/31
The subsidiary yards of Cosco Corporation (Singapore) Limited have been hit by fresh contract cancellations and delivery deferment, leading to a forecast of deeper loss for the third quarter.
News ID: 69862 Publish Date : 2016/10/27
The cost of restructuring the debts of South Korea’s shipping and shipbuilding industries is estimated to be at a staggering KRW31trn ($27.3bn), according to a recent report by the International Monetary Fund (IMF).
News ID: 69795 Publish Date : 2016/10/24
The shipbuilding orderbook at China’s shipyards has continued to deflate in the first nine months of 2016 as newbuilding deals slowed amid the protracted recession of the shipbuilding industry.
News ID: 69624 Publish Date : 2016/10/27
BIMCO:
In a statement released Monday, BIMCO said that shipbuilding orders have fallen to the lowest level in two decades.
News ID: 68860 Publish Date : 2016/09/14
NEW York-listed Euroseas Ltd announced that it has terminated its contract for an ultramax dry bulk vessel being constructed at a yard owned by Dayang Shipbuilding due to significant delays.
News ID: 68785 Publish Date : 2016/09/09
A representative from Turkey company announced that his company is fully prepared to launch a shipbuilding center in Anzali Port, which is equipped with the latest state-of-the-art technologies.
News ID: 68110 Publish Date : 2016/08/11
The difficult and challenging operating conditions in the offshore and shipbuilding segments are expected to persist or worsen, according to Cosco Corp (Singapore).
News ID: 68051 Publish Date : 2016/08/20
China:
A cooperation deal signed between China National Nuclear Corporation and China State Shipbuilding Corporation with the purpose of accelerating the development of nuclear-powered icebreakers and maritime nuclear power platforms.
News ID: 67991 Publish Date : 2016/08/05
South Korean shipbuilding major Hyundai Heavy Industries (HHI) added USD 4.1 billion worth of new orders to its orderbook in the first half of 2016, a 44.4% drop compared to the results for the same period a year earlier when the company recorded close to USD 7.4 billion worth of new orders.
News ID: 67699 Publish Date : 2016/08/10
New ship orders placed at Japanese yards fell by 80% during H1 2016 compared to H1 2015, according to data from the Japan Ship Exporters' Association (JSEA).
News ID: 66535 Publish Date : 2016/07/18
Daewoo Shipbuilding & Marine Engineering’s (DSME) former Chief Executive Officer Nam Sang-tae was taken into custody as part of an accounting probe into the financials of the South Korean shipbuilder, launched earlier this month.
News ID: 66155 Publish Date : 2016/06/29
Daewoo Shipbuilding & Marine Engineering’s (DSME) former Chief Executive Officer Nam Sang-tae was taken into custody as part of an accounting probe into the financials of the South Korean shipbuilder, launched earlier this month.
News ID: 66155 Publish Date : 2016/06/29
Taiwan’s Wan Hai Lines has placed an order for eight 1,900 teu boxships worth a total of $212m to $236m from Japanese yard Naikai Zosen Corporation.
News ID: 66001 Publish Date : 2016/06/22
Taiwan’s Wan Hai Lines has placed an order for eight 1,900 teu boxships worth a total of $212m to $236m from Japanese yard Naikai Zosen Corporation.
News ID: 66001 Publish Date : 2016/06/22
The unionized workers at the financially troubled South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) are planning to launch a strike as the majority of the workers voted in favor of a walkout.
News ID: 65837 Publish Date : 2016/06/15