Author: Importer

China's shipbuilders have a price advantage at present compared with rivals in Korea and Japan, since heavy steel plates in China are 18% cheaper than those in Japan and 19% cheaper than…

The credit crisis together with US efforts to tighten sanctions is hampering efforts by National Iranian Tanker Co (NITC) to order 12 VLCCs which the company want for delivery in 2012. A…

Wilhelmsen Ships Service (WSS) says its liferaft service station in Germany has been fully operational since 1 April. It is conveniently situated between the ports of Hamburg and Bremerhaven at the WSS…

It would take three to four years for commercial ship newbuilding orders to pick up again, according to a securities house's forecast. Daishin Securities said newbuilding recovery would need two additional years…

According to a number of shipbuilding and market sources, BHP Billiton appears to have sounded out a Capesize bulker order with shipyards in Japan, South Korea and China. It is believed that…

K Line president and chief executive Hiroyuki Maekawa said that the company had delayed close to 10% of the 155 ships it has on order. The delays are focused on the containership…

Recently, AHO Group, a South Korean shipbuilding consulting firm has signed a contract to rebuild and expand Astinave Shipyard in Venezuela with PDVSA Naval for some $600m. Sungdong Shipbuilding also from South…

STX Europe Lorient shipyard in Brittany, France, has just delivered the first of three Ro-Ro ferries to Tide Sj? AS in Oslo. The Lorient shipyard designs and builds high-tech ships from 30…

Davie Yards Inc. in Levis, Quebec, is back in operation. CEO Steinar Kulen said: "We have 1,000 employees back at work and require another 500 to complete our current orders." Davie has…

Hyundai Corporation is negotiating for construction of a shipyard in the Caspian Sea area with Kazakhstan's state-owned energy company KazMunaiGaz National. However, Hyundai will only participate in the construction phase of the…