Chinese Shipyards Gorge on Record LNG Carrier Orders as Swamped Korean Rivals Struggle to Find Capacity
By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as
By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as
By Joyce Lee and Florence Tan SEOUL, June 2 (Reuters) – Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled
A new report says that commercial shipbuilding efforts by prominent companies – including Carnival Cruise Lines, CMA CGM, and Taiwan’s Evergreen
The Italian classification society RINA has signed an agreement with China’s Shanghai Waigaoqiao Shipbuilding (SWS) to class the largest cruise
China has approved the long-rumored merger of its two largest shipbuilding conglomerates, China Shipbuilding Industry Corporation (CSIC) and China State
HONG KONG, July 1 (Reuters) – China’s two largest shipbuilders are planning to merge, their listed arms said in separate exchange filings on
By Bloomberg News (Bloomberg) — China’s government is working on a plan to combine its two biggest shipbuilders to create an industrial giant that
SINGAPORE, Jan 25 (Reuters) – China State Shipbuilding Corporation’s listed units CSSC Holdings and CSSC Offshore & Marine plan to bring in
By Mike Wackett in Busan (The Loadstar) – South Korean shipyards are in a battle with Chinese rivals, over construction of ultra-large container vessels,
SINGAPORE, Aug 8 (Reuters) – China’s Yangzijiang Shipbuilding Holdings Ltd reported a 73 percent increase in second-quarter net profit, helped by
SINGAPORE, March 1 (Reuters) – China’s Yangzijiang Shipbuilding Holdings Ltd plans to cut another 10 percent of its workforce in 2017, its
SHANGHAI, Jan 12 (Reuters) – China aims to capture up to 40 percent of the global high-end marine equipment market over the years through 2020 while
SINGAPORE, Aug 26 (Reuters) – Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent
By Bloomberg News (Bloomberg) — A Chinese shipbuilder failed to make a bond payment due Monday, becoming the second such company to default in the
By Ma Jie (Bloomberg) — Chinese shipbuilders are under so much financial strain that one of them is literally being turned into a parking lot. China
By Kyunghee Park (Bloomberg) — Yangzijiang Shipbuilding Holdings Ltd., China’s biggest private shipbuilder, won a $510 million order to build six very
The scientific expedition vessel “Xiangyanghong 03” was launched on Saturday and joined China’s oceanic research team in Xiamen,
By Bloomberg News (Bloomberg) — New orders received by Chinese shipbuilders fell by nearly half last year from 2014, suggesting more consolidation is in
By Kyunghee Park (Bloomberg) — The weakening yuan and China’s waning appetite for raw materials have come around to bite the country’s shipbuilders,
BEIJING, Oct 1 (Reuters) – New satellite images show China may be building its first indigenous aircraft carrier in the northeastern port of
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