Author: Importer

The Indian shipbuilding industry is on a high growth trajectory and is expected to grow at a compound annual growth rate of 30%. In a recent report, a consultancy firm has said…

China will implement its first ever market access regulations for shipbuilding manufacturers from 1 October in order to prevent production of low-quality vessels. Jin Zhuanglong, vice minister of the Commission of Science,…

EUKOR Car Carriers has placed an order with Korea shipbuilder Hyundai Heavy Industries (HHI) for four large Pure Car and Truck Carriers (PCTCs). The vessels will be built at the HHI Shipyard…

Shipbuilding seems to be staging a comeback in India, especially large ships, with smaller shipyards taking the lead. India?s largest private sector yard, ABG Shipyard, announced an order for four bulk carriers…

Hyundai Heavy Industries? Shipbuilding Division has commenced construction of a 10,000TEU containership. The ship is one of the four ordered from the Chinese shipping company COSCO, and will be delivered in early…

Aker Yards and Tallink Grupp have signed a contract of a large cruise ferry. The vessel worth approx. 180 million Euros will be delivered in spring 2009 from the shipyard in Rauma.The…

Hyundai Samho Heavy Industries in South Korea has secured an order for three PCTCs from a ship owner in Latin America. Total contract price is $270 million and deliveries will be completed…

Hitachi Zosen joins the family of licencees of Wärtsilä Corporation to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines. Hitachi Zosen was awarded a contract in March 2007 by Wärtsilä Corporation to build…

Yangzijiang Shipbuilding, one of the leading shipbuilders in China, is planning to raise up to $622 million through a listing on the Singapore Exchange. The Jiangsu-based shipbuilder is offering 993 million shares,…

Hanjin Heavy Industries has won $281 million order to build five container ships for a European company. The vessels will be delivered to Danaos Shipping of Greece by 2010. Hanjin expects this…