The production value of Taiwan’s shipbuilding industry is expected to amount to NT$52 billion ($1.6 billion) for 2007, up 21% over the year-earlier level, according to tallies released by the Industrial Development Bureau (IDB). This will mark the first time the country’s shipbuilding output has topped NT$50 billion, IDB officials said, predicting that the production value will further expand to more than NT$60 billion for 2008.<\/p>\n
For the first 11 months of this year, Taiwan’s state-owned shipbuilder, CSBS Corp., saw its revenue amount to NT$26.2 billion and its pre-tax net profit hit a record-high of NT$4 billion, the officials said. As of the end of November, CSBC had held orders for 60 container vessels worth a total of NT$125.9 billion and 30 fast missile attack boats worth a total of NT$12.62 billion, and the orders will keep the production line of CSBC’s Kaohsiung shipyard busy until April 2012 and that of the Keelung shipyard occupied until July 2011, the officials said.<\/p>\n
In addition, to prepare for expected changes in the global shipping industry after the completion of the Panama Canal expansion project, CSBS has established a partnership with the American Bureau of Shipping to develop new Panamax-class container vessels with a capacity of 12,500 TEUs.<\/p>\n
Meanwhile, Taiwan’s largest privately owned shipbuilder, Jong Shyn Shipbuilding Co, has invested an additional NT$1.75 billion in expanding existing shipyards and building new facilities this year, and the company’s annual turnover is expected to increase to NT$4 billion after the completion of the project.<\/p>\n
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The production value of Taiwan’s shipbuilding industry is expected to amount to NT$52 billion ($1.6 billion) for 2007, up 21% over the year-earlier level, according to tallies released by the Industrial Development Bureau (IDB). This will mark the first time the country’s shipbuilding output has topped NT$50 billion, IDB officials said, predicting that the production […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"sponsor":[],"class_list":["post-2535","post","type-post","status-publish","format-standard","hentry","category-general-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/comments?post=2535"}],"version-history":[{"count":0,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2535\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/media?parent=2535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/categories?post=2535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/tags?post=2535"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/sponsor?post=2535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}