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Latest From Yard Talk
While the number of active shipyards has shrunk significantly since 2009, hopefully the power of consolidation will truly revive the industry
The tightening shipping emission rules have created additional demand for the shipbuilding industry, including the Chinese yards, highlighted by the recent partnership between DSIC and DNV GL to develop LNG-fuelled 23,000 teu ships
The plan will hit a nerve of many foreign shipping players
Debt-to-equity swap investors albeit state-backed will need to withdraw properly
Capesizes and very large crude carriers lead the way as investors adopt risk-averse approach
Lack of support from domestic owners overshadows Korean builders’ prospects
Booming global LNG trades to bring business opportunities in building tankers and offshore units
After the South Korean shipbuilding haemorrhage in offshore, now it is China’s turn
Chinese policy banks can learn from South Korean peers to assess order probability before granting refund guarantees
The plans look great, but effectiveness lies in their implementation
From eco ships to smart ships, Japanese yards seek to lead the pack in innovation again
Chinese yards might want to consider an end-of-season sale before it’s too late
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