Orders Climb at China’s Shipyards, But Rebound Favors a Few
China's troubled shipbuilding sector has returned to the top of the global league this year, ahead of South Korea and Japan, but the headline numbers hide a
China's troubled shipbuilding sector has returned to the top of the global league this year, ahead of South Korea and Japan, but the headline numbers hide a
China Shipbuilding Industry Co., a supplier to the Chinese army, plans to raise as much as 8.48 billion yuan ($1.4 billion) from the sale of shares to acquire
China Ocean Shipbuilding Industry Group Ltd warned shareholders and prospective investors today: Based on the preliminary review of the unaudited management
Aug. 12 (Bloomberg) — China grew into the world’s leading shipbuilder over the last decade as hundreds of private yards opened to compete with
Aug. 7 (Bloomberg) — China widened its lead over South Korea as the world’s biggest shipbuilding nation as state-backed yards won contracts for
Hyundai Heavy Industries Co., the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels helps it skirt the global
Jahre Marine AS signed a new building contract today with the chinese shipyard Avic Dingheng for building the first seagoing LNG carrier for bunkering and
Naval architecture firm Deltamarin announced today a handful of orders for their B.Delta bulk carrier design, all to be built at Chinese shipyards.
The ultimate goal of Chinese shipbuilders is to expand into specialized ships of higher value such as drill ships and semisubmersibles where South Korean
China may unveil fresh steps to support the shipbuilding and aerospace industries, the state-run China Securities Journal reported Monday, citing unnamed
China CSSC Holdings Ltd. (600150.SH), the listed arm of China’s largest shipbuilder, said Saturday its profit likely shrank by 95% to 100% year on year
Keppel Corp., the world’s biggest oil-rig builder, may consider buying a yard in China as the nation boosts offshore drilling to meet rising energy
SHANGHAI–A Chinese shipbuilding magnate stepped down as chairman of two companies, weeks after an investment firm he controls paid US$14.2 million to
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. said a new offshore-energy equipment unit may generate 50 percent of its orders over
With scores of Chinese shipbuilders struggling to stay afloat, some have been forced to diversify their offerings and look to adjacent markets for even the
The Island Innovator, a DNV-classed semi-submersible drilling and well intervention rig was delivered today by COSCO Qidong shipyard to its new owner, Odfjell
China’s 21st Century Business Herald newspaper reported today that China has placed a massive $4.5 billion order for 50 VLCCs in an effort to stimulate
SHANGHAI—One of China’s largest shipbuilders said Wednesday that it canceled eight shipbuilding contracts during the second quarter because
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