Chinese Shipbuilding Yard Enters World Top 5

Friday, May 04, 2007
A Chinese shipbuilding yard has entered the global top five in terms of order backlog. According to a report by London-based shipbuilding and marine transportation researcher Clarksons, China's Dalian Shipbuilding Industry with 2,838,000 compensated gross tons (CGT) ranked fifth on the list of world shipbuilding yards based on order backlog as of March. Hyundai Heavy Industries with 10,790,000 CGT came in first, followed by Samsung Heavy Industries with 8,517,000 CGT, Daewoo Shipbuilding & Marine Engineering with 6,559,000 CGT and Hyundai Mipo Dockyard with 4,296,000 CGT. Hyundai Samho Heavy Industries with 2,762,000 CGT and STX Shipbuilding with 2,659,000 CGT raned sixth and seventh, respectively. Sixteen Chinese shipbuilding yards made the top 50 list, which exceeds the number of Korean companies on the list. The figures point to the rapid pace at which the Chinese shipbuilding industry has been growing. The combined order backlog of six Korean shipbuilding yards as of March stood at 35,583,000 CGT, which accounts for 26.7 percent of the 133,215,000 CGT total global backlog. Source: Chosun

Shipbuilding

Keppel to Deliver First North Sea FPSO

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Michelle Obama Sponsors Attack Submarine

General Dynamics Electric Boat has delivered to the U.S. Navy an attack submarine that is sponsored by first lady Michelle Obama and will be named for her home state, reports AP.

 
 
Maritime Contracts Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.0640 sec (16 req/sec)