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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

Titan LNG to expand fleet for rising ARA bunker demand

Titan LNG’s third bunker barge ‘will be ideal for servicing larger tankers, cruise, container and offshore vessels’, says chief technical officer Ronald van Selm

EU Bunkers

Petredec takes two more 22,000 cu m ethylene ships

Two exercised optional vessels will be delivered in May and September 2022

Tankers and Gas LPG

World boxship fleet update: Scrubbing out capacity

Idle fleet hits new highs as ships return to yards for scrubbers, but supply still outweighs demand

Containers Shipbuilding

CSSC unveils LNG-powered 25,000 teu ship project

Newly unveiled design comes despite scepticism about whether the size of the current largest boxship of 23,000 teu class should increase further

Containers Shipbuilding

Ethane to feed China’s gas shipbuilding ambition

Chinese shipbuilding content is an expected feature of bilateral ethanol and LNG trade talks

Tankers and Gas Shipbuilding

Shipbuilding executive cleared in US fraud case

Jean Boustani, a salesman for Privinvest, an Abu Dhabi-based shipbuilder, was acquitted of three counts of conspiracy to commit fraud and money laundering

Shipbuilding Law

CSSC and LR team up on marine decarbonisation research

The two parties will explore the use of blockchain and digital technologies. They will evaluate various clean energy sources and draw up ideas for their certification

Asia Pacific Europe

Imabari to tie up with JMU amid shipbuilding megamergers

Some local industry observers have interpreted the capital tie-up as ‘a bailout of the JMU’ by Imabari

Asia Pacific Containers

Nam Cheong enters chartering and offshore engineering segments

While the shipbuilding market continues to foresee weakness, group chief executive Leong Seng Keat is much more upbeat about the chartering segment and the potential for work from offshore platforms

Asia Pacific Malaysia
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