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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

AET orders four new shuttle tankers for Petrobras contract

Singapore-based AET Tankers orders four more DP2 shuttle tankers as it wins long-term contract from Petrobras

Tankers and Gas Shipbuilding

New dangers ahead for LNG sector as short-termism takes over

At KNect365 Energy’s Gas Shipping Americas conference, Poten & Partners’ global head of business intelligence sounds a warning note

International Tankers and Gas

ClearOcean Tankers launched with eye on further growth

New joint venture backed by Clearlake, Dragnis and Maas Capital starts with six newbuildings in South Korea

Greece Energy

Koichi Fujiwara foresees a revolution ahead for class

Although he remains deeply traditional in his business style, Koichi Fujiwar, head of ClassNK, believes next-generation technology will revolutionise classification work. Class must stay at the forefront of technology and help to set the standards

Asia Pacific ClassNK

HNA refund guarantee revives Sinokor-Jinhai newbuild deal

The 20-newcastlemax deal consists of four firm ships and 16 optional units agreed in a letter of intent in early 2017

Asia Pacific Dry Bulk

DSME stays in the black as operations stabilise

Seoul-listed shipbuilder benefits from lower labour costs because of restructuring

South Korea DSME

Medium-size boxships facing extinction

Focus on large-capacity containerships is likely to lead to a shortage of medium-sized vessels as current fleet ages, the Global Liner Shipping conference in Hamburg hears

International Europe

World Boxship Fleet Update: Orders on hold as owners await delivery

Yards face slim pickings for boxship orders as owners and carriers consolidate their fleets in the face of reduced scrapping

International Containers

Shipbuilding issues raised at Japan-China-South Korea summit

Problems regarding fair competition will be further discussed at next year’s G20 summit being held in Japan

Asia Pacific Containers
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