Report: S. Korea lags China, Japan in Shipyards

Tuesday, June 27, 2006
According to reports, South Korea fell behind China and Japan in the number of shipyards ranking in the world's top 50 in terms of order backlogs as of the end of May, although seven South Korean companies were No 1 through No 7, a London-based market research firm said. Fifteen Japanese shipyards and the same number of Chinese companies were included in the world's top 50 list, while only nine South Korean shipyards made it, Clarkson Plc. said. South Korea boasts the world's top seven shipyards - Hyundai Heavy Industries Co, Samsung Heavy Industries Co, Daewoo Shipbuilding & Marine Engineering Co, Hyundai Mipo Dockyard Co, Hyundai Samho Heavy Industries Co., STX Shipbuilding Co and Hanjin Heavy Industries & Construction Co.

Only two other South Korean shipyards, Sung-Dong Shipbulding & Marine Engineering Co. and Shina Shipbuilding Co., were on the list, ranking 25th and 33th in the world, respectively. China's Dalian New Ship Heavy Industry Co and Shanghai Waigaoqiao Shipbuilding Co ranked No 8 and No 9 each in the world, followed by mid-sized shipyards such as the world's 15th-largest shipyard Hudong-Zhonghua Shipbuilding Group Co and the 17th-largest New Century Shipbuilding Co. Although only one Japanese shipyard, Universal Shipbuilding Corp, was included in the top 10 list, Japan had a line-up of competitive companies such as Mitsubishi Heavy Industries Ltd, Ishikawajima-Harima Heavy Industries Co, Oshima Shipbuilding Co and Tsuneishi Heavy Industries Cebu Inc, ranking 11th through 14th worldwide. While South Korean shipyards are focused on clinching high-value-added orders for very large crude carriers (VLCC) and liquefied natural gas (LNG) ships, Chinese shipyards are sweeping orders for small to mid-sized vessels and expanding dock facilities to tap the markets for VLCC and LNG carriers, experts said. Source: Asia Pulse/Yonhap

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Zvezda Shipyard Comes Up Despite Western Sanctions

German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik.

Zamakona Yards' Commitment to Well-being

Recently employees of Zamakona Yards participated in a training course for maintaining Health, Safety and Environment (HSE). The theoretical practice focused on working at heights,

Ferus Smit to Launch Newbuild Bulker

Ferus Smit will launch newbuild bulk carrier Arklow Breeze on Friday, March 20 at Westerbroek.   Arklow Breeze is the sixth and last vessel of a series to be

Coast Guard

USCG Free Boat from Ice Near Woods Hole

A Coast Guard crew responded to a fishing vessel trapped in ice in Woods Hole Passage, Woods Hole, Massachusetts, Saturday. At about 3 p.m., the crew of the fishing boat Capt.

Sri Lanka Says No to Docking of Chinese Submarines

Sri Lanka declared that it will not allow Chinese submarines to dock in its waters as part of a new policy barring hosting of foreign submarines.   Sri Lanka's

Container Ship Runs Aground at Fremantle Port

A ship that ran aground at Fremantle Port early Saturday has been refloated. The 62,000-tonne Denmark-registered container ship Maersk Garonne became stuck in soft sand about 500m off South Mole.

 
 
Maritime Careers / Shipboard Positions Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1579 sec (6 req/sec)