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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

Viewpoint: When we used to make things

Logic confirms there are still too many shipyards in the world, scratching around for a living is a world where demand is hugely cyclical, desperately penetrated by politics, with even the world’s biggest finding themselves struggling

Europe United Kingdom

DSME confirms exercise of Maran LNG newbuilding option

Even with this latest order however, DSME has only met 36% of its orderbook target for 2019 so far

Tankers and Gas Shipbuilding

Dry bulk edges towards rebalance

The brokerage’s research team says that vessels taken offline for scrubber installations should reduce fleet growth by 1% on average through this year

Dry Bulk International

China’s Ouhua Shipbuilding sold for $135m

The assets disposed of include Ouhua’s shipbuilding facilities on Xiaoqian Island in Zhoushan and eight vessels under construction

Asia Pacific Containers

Yard Talk | Life is unpredictable

Chairman Ren Yuanlin’s possible return to the helm is hugely important for Yangzijiang, which is pinning its hopes on a big turnaround in the second half to hit its full-year new order target. The return of the business maestro would inspire confidence that it is heading in the right direction

Asia Pacific Containers

Keppel sizes up fire damage on LNG tanker

The first of two 7,500 cu m LNG bunkering capable tankers ordered from Keppel Singmarine was launched at Keppel Nantong in late July and both units were previously scheduled for delivery in the second and third quarters of this year

Singapore China

World’s largest boxship completes first Asia-Europe leg

MSC says larger containerships help it meet its environmental commitments and lower carbon emission per teu

Europe Mediterranean Shipping Co

Samsung Heavy wins $621m 10-vessel aframax order

The yard group has also signed a Memorandum of Understanding with MAN-ES to collaborate on remote engine diagnosis and control systems

Asia Pacific Tankers and Gas

Harland and Wolff administrators allow time for rescue talks

Shipyard and engineering firm seeks buyer as workers’ temporary layoffs extended

Europe United Kingdom
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