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Shipbuilding and Scrapping

Industry-watchers like to use a number of metrics to gauge the health of shipping. The Baltic Dry Index is one; the world idle fleet another. Here we take a look at another indicator: the orderbook – or, more precisely, shipyards, which are in the frontline of any improvements or declines in industry health. Shipyards are in a precarious position. A strong orderbook should be good for business; more ships mean more work. But too many orders can tip the fleet bal­ance into a glut and, as we have seen for the past seven years at least, that can lead to a prolonged curtailment of orders. It is a vicious cycle that gets repeated again and again.

 

No more finance for foreign-yard newbuilds, China's leasing houses told

Move might take a toll on South Korean shipbuilders that have yet to recover from the financial woe

Asia Pacific Containers Dry Bulk

Weak newbuilding recovery fails to lift yard sentiment

Activity in main shipping sectors still at a historically low level

Asia Pacific China South Korea

Yard Talk | LNG may be a saviour for Korean and Singaporean players

Booming global LNG trades to bring business opportunities in building tankers and offshore units

South Korea Singapore Shipbuilding

DSME looks to compete with Chinese rivals on technical expertise

South Korean yards being challenged by Chinese builders backed by government financing

Asia Pacific South Korea China

Class takes on shipbuilding balancing act

Regulations, digitalisation and weak markets will mean even greater dependency on class

 

Classification Shipbuilding International

Building up their arsenals

Is Cosco poised to challenge European lines’ dominance of container shipping?

Containers

Shipbreakers brace for regulatory upheaval

Termination of Beijing’s scrap-and-build scheme could prompt Chinese owners and scrapyards to interact more with international markets 

Asia Pacific India Bangladesh

Shipping’s ‘health-ometer’

A spotlight on shipyards shows China’s influence continues to be felt
Shipbuilding Ship Recycling China

Korean bank struggles to get money back from shipping and yards

About 75% of the Export-Import Bank of Korea’s non-performing loans come from shipping and shipbuilding firms 

Asia Pacific South Korea DSME

Grimaldi brothers raise the bar in clean ship technologies

Italian group leading by example with investments in a new class of ultra-clean ro-ro ferries

Europe Italy Containers

Is the EU Ship Recycling Regulation a lame duck?

Twenty-two non-European shipyards are fighting for the EU’s good graces, none of which are expected to make the list before the end of this year
Asia Pacific Europe India

Latest From Shipbuilding & Ship Recycling

Trafigura names first of 35 new tankers

The newbuilds will be delivered from now through 2019, with the majority expected in the first quarter

Asia Pacific South Korea

Exmar’s new gas carriers to run on LPG

The vessels, designed by Finland's Wärtsilä, will be game-changing, says Exmar's managing director of shipping

International Tankers and Gas

Global shipping loan portfolios drop to $345bn

Petrofin Bank Research said another $10bn has been knocked off the portfolios of the top 40 banks over the past year. 

International Finance

MOL-Cosco venture names ice-breaking LNG carrier after Russian Arctic explorer

Delivery from Daewoo Shipbuilding & Marine Engineering is due at the end of September, says MOL

Europe Asia Pacific

Second CSIC executive held by China's anti-corruption squad

The 54-year-old began his tenure in March 2016. Before that, he had been the deputy director of the No. 704 Institute since late 2003

Asia Pacific Shipbuilding

Sovcomflot orders two LNG-fuelled vessels for Rosneft charters

Kremlin-backed deal will see Sovcomflot order the ships from the Russian yard project for Rosneft’s export programme

Europe Russian Federation

China newbuild prices see slower growth amid summer break

Price index has experienced 12 consecutive months of growth, driven by higher raw materials costs and better market sentiment in certain sectors

Asia Pacific China

Hyundai Heavy workers plan strike action

The unionised workers will set down their tools at Ulsan shipyard for four hours on Wednesday

Asia Pacific South Korea

Yard Talk | Chinese yards breathe easier

The tightening shipping emission rules have created additional demand for the shipbuilding industry, including the Chinese yards, highlighted by the recent partnership between DSIC and DNV GL to develop LNG-fuelled 23,000 teu ships

Asia Pacific China
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