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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

The week in charts: Tanker scrapping flatters to deceive | Box data highlights pandemic pain | Suez stoppage shoots up freight rates

Tanker demolition numbers through the first quarter did little to raise hopes of reducing oversupply weighing on rates, while the latest official container volume data lays bare the initial impact of coronavirus on the industry

Containers Tankers and Gas

Flexible tonnage set to access untapped LNG demand

Small-scale ships capable of multi-tasking stand to benefit from better utilisation as LNG demand, which is tied to power generation, tends to be seasonal. While the commodity still needs time to gain enough clout as a marine fuel

International Tankers and Gas

Crude Greeks decide it’s time to go very large

Central Group, Latsco Shipping, Maran Tankers, Athenian Sea Carriers, Capital Maritime, Navios and Samos Steamship are among the Greek owners that have arranged to get their hands on new VLCCs as prices seem headed higher and building slots dry up

Europe Greece

From the News Desk: Carbon crunch

Pressure is growing for more ambitious decarbonisation targets. Efficiency looks doable, and there are other, smaller ways shipping can better measure and reduce its emissions. But the bigger goal of future fuels looks vexing as ever

International From the News Desk

Kogas orders LNG bunker vessel

Its newbuilding will join a chartered-in vessel from Korea Line

South Korea Bunkers

Tanker demolition fails to hit targets

Higher scrapping was expected to help cut the oversupply of tankers weighing on rates

International Tankers and Gas

Eastern Pacific orders twin dual-fuel VLECs

The Idan Ofer-owned company continues with its order spree and the latest deal brings the total number of newbuild orders for the shipowner to 47 ships worth $4.7bn

Singapore Tankers and Gas

CNOOC to bunker Guangdong’s first LNG-fuelled bulkers

These are the first LNG-fuelled bulk carriers the state-owned shipowner will deploy for trades in the Pearl River Delta area

China Bunkers

Suit the technology to the ship — not the ship to the technology

A ship’s operating profile is the best guide to which technology is most suitable. However, considerations such as charterer’s expectation and commercial objectives play a significant part

Ship operations Environment
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