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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

Sembmarine flags ups and downs from coronavirus outbreak

The outbreak has no immediate impact on ground operations but discussion is under way to mitigate supply chain disruption, Sembmarine group chief executive, Wong Weng Sun said  

China Singapore

Yard Talk | Who will blink first?

Japan is one of the five foreign jurisdictions whose anti-trust authorities can throw a spanner in the works of the HHI-DSME megamerger 

Asia Pacific Containers

World boxship fleet update: Coronavirus takes toll on idle fleet

The wide-reaching impact of the coronavirus outbreak is now affecting developments in the active containership fleet as yards struggle to complete scrubber installations

International Containers

EuroDry eyes ‘sizeable returns’ from dry bulk

The company’s fleet of seven bulkers was insulated against the worst effects of the rate downturn, at least for the fourth quarter of 2019, as several vessels were still on long-term charters fixed in prior periods

Dry Bulk Finance

Coronavirus threat casts shadow over ship recycling industry

Market sentiment in Bangladesh and India remains volatile, but rates on offer are still between $370 per light displacement tonne to $400 per ldt

Ship Recycling Coronavirus

Coronavirus: Chinese yards braced for ‘heavy blow’

It is time for Chinese shipyards to review some of its long-term customers with the old saying that a friend in need is a friend indeed

Asia Pacific Containers

Euronav buys first scrubber-fitted VLCCs

The crude oil carrier owner will spend $280.5m on the very large crude carrier trio being constructed at DSME

Euronav VLCC

Precious chief sees more vessels headed for recycling yards in 2020

Mr Hashim added that the current orderbook is, at best, replacement capacity and not additional capacity

Ship Recycling Dry Bulk
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