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
Weak newbuilding recovery fails to lift yard sentiment
Activity in main shipping sectors still at a historically low level
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
DSME looks to compete with Chinese rivals on technical expertise
South Korean yards being challenged by Chinese builders backed by government financing
Class takes on shipbuilding balancing act
Regulations, digitalisation and weak markets will mean even greater dependency on class
Building up their arsenals
Is Cosco poised to challenge European lines’ dominance of container shipping?
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
Shipping’s ‘health-ometer’
A spotlight on shipyards shows China’s influence continues to be felt
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
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
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
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