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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

JBIC to fund Ta Tong Marine's VLOC newbuilding

Shipbuilding loan issued under the export credit agency's ship exports buyers credit scheme
Asia Pacific Japan

Poland facing EU probe over tax breaks for shipyards

Commission trying to verify that the tax incentive adheres to EU state aid regulations and favours some companies over others
Europe Poland

HHI readies for Hyundai Oilbank public offering

Group targeting September for the listing of its oil refining unit

Asia Pacific South Korea

CMA CGM agrees contract to lengthen four 13,800 teu ships

Vessels will be retrofitted at a CSIC subsidiary yard

Asia Pacific Europe

Imabari takes 49% stake in Minaminippon Shipbuilding

Company to finalise the shares acquisition via further talks with MOL and MES

Asia Pacific Japan

Korean shipbuilders bet on environmentally sustainable vessels

Industry participants expect demand for 'green' vessels to increase amid tightening regulations

Asia Pacific South Korea

Bahri Dry gets $96m loan to fund bulker quartet at HMD

Loan facility to help finance 80% of the newbuildings contract price

Middle East and Africa Saudi Arabia

Cosco delays newbuildings on overcapacity fears

Deferrals of 10 vessels come as a record number of newbuilding deliveries is expected in January
China COSCO

Korea's shipbuilding sector faces gloomy job prospects

Analysts believe as many as 5,000 jobs will be at risk in the country’s shipbuilding industry in 2018

Asia Pacific South Korea
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