Korean Shipbuilders Are Changing Course

Wednesday, April 14, 2010

According to an April 12 report from The Wall Street Journal, South Korea's shipbuilders are making a big push to diversify away from their notoriously cyclical industry. New contracts won by Korean shipyards for cargo container carriers and other commercial ships plunged 81% in 2009 to 3.35 million compensated gross tons, data from Clarkson show, as the economic crisis led to canceled orders and falling ship prices.

(Source: The Wall Street Journal)


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


Servowatch IPMS Completes FATs for UK Navy

The fully integrated platform management system Servowatch designed and built for three new offshore patrol vessels for the U.K. Royal Navy has completed BAE Systems’ Factory Acceptance Tests (FAT).

Steel Cut on UK Navy’s Newest Warship

Construction has begun on a new warship for the U.K. Royal Navy as the Minister of State for Defense Procurement, Philip Dunne MP cut the first steel in Glasgow today.

MAN 32/44CR Engine for Trawler Newbuild

Voyager Fishing Company, Ltd., based in Kilkeel, Northern Ireland, has ordered a new trawler/purse seiner, designed by Salt Ship Design in Norway and to be built at Karstensens Skipsværft in Skagen,

Maritime Security Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
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: 0.2670 sec (4 req/sec)