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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

MSC and Fincantieri finalise cruiseship order

The four 64,000 gt luxury cruiseships will be delivered to MSC between 2023 and 2026

Europe Mediterranean Shipping Co

Maran firms up fourth suezmax at Daehan

The first pair was originally placed with Daehan by Norwegian company Faerder Tankers before being purchased by the Angelicoussis Group.

International Greece

OOIL executive says ‘no decision’ on newbuild orders

Meanwhile, a lot of progress has been made on the disposal of the Long Beach Container Terminal, Fitzgerald tells Lloyd’s List on the sidelines of a shipping conference

Asia Pacific China

Shipyard consolidation slowly removes excess capacity

News that South Korea’s HHI has reached agreement to take over rival DSME should remind us that shipping is becoming more consolidated. Even so, there is still room for new entrants.

Shipbuilding Containers

Rongsheng Heavy shipbuilding assets sold to Unique Orient

Huarong says the arrangements will allow it to alleviate its financial burden and focus on its oil production business

Asia Pacific Dry Bulk

Keppel reels in second Awilco Drilling semi-sub rig deal

The deal is the second of three options to build similar rigs that Awilco Drilling signed in 2018 which will come due at yearly intervals

Asia Pacific Singapore

Hyundai Heavy signs deal with Korea Development Bank for DSME takeover

Deal has to be approved by competition authorities in other shipbuilding nations, with the results of the process expected by the end of this year

Asia Pacific South Korea

China leasing giants linked to CMA CGM megaship orders

The leverage ratio that CMA CGM gets from the lessors is said to be close to 90%, which is part of the reason that puts off other competition lenders

Asia Pacific Europe

Probunkers seeks proposals for seven LNG bunkering vessels

Designers, yards and brokers have until March 29 to pitch for design of vessels estimated to cost close to $40m each

International Greece
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