Daewoo Shipbuilding Projections 2007 Soar

Wednesday, July 11, 2007
In a sure sign that the shipbuilding boom continues, Daewoo Shipbuilding & Marine Engineering Co. announced that it has raised its yearly new order target to $17B, after surpassing its previous projection of $11B with orders for 13 new containerships from European owners. The containership order – worth almost $1.8B – sent the shipbuilder’s take this year to $11B and 84 vessels and offshore projects. The rise in the yearly projection from $11 to $17B is a nearly 55% increase compared to last year’s orders achieved. In line with this rise, DSME is planning to expand production facilities at the No. 2 dock, a plan which includes extending the dock by 190 m, and upgrading a gantry crane from the current 450 tons to 900 tons. When the expansion plan is finished, DSME will see as many as 10 additional vessels built in the dock.
Email AddThis Feed Button Share
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Keel Authenticated for Ingalls’ Fifth National Security Cutter

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division authenticated the keel of the company's fifth U.S. Coast Guard National Security Cutter, James (WMSL 754).

USCG Contracts HII to Build Sixth National Security Cutter

The U.S. Coast Guard awarded a fixed‐price incentive firm target contract valued at approximately $487.1 million to Huntington Ingalls Industries for the production

Conrad Shipyards Earn Two Safety Awards

Conrad Shipyard, L.L.C. has received the 2012 Award for Excellence in Safety as well as the Award for improvement in Safety by the Shipbuilders Council of America (SCA).

Finance

Steamship Mutual Addresses Underwriting Imbalance

Steamship Mutual released interim financial results for the year ending February 20, 2013. As with all international group clubs, underwriting performance for the year ended February 20,

Euroseas Reports Quarter Results

Euroseas Ltd., an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced

Dutch Shipbuilding Holds Position in Difficult Market

2012 was a challenging year for the Dutch shipbuilding industry. In general, the industry was able to achieve relatively good results. The various shipbuilding

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright