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

Shipbuilding

Imabari to Build 20,000TEU Containerships

Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers,

SSI Launches ShipConstructor 2015 R2.1

SSI has today released ShipConstructor 2015 R2.1 software.   The software release comes in response to emerging ship design, engineering and building trends as

HII Acquires Engineering Solutions Division

Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles

Coast Guard

USCG Updates Rules for Arrival/Departure Notices, AIS

Final rule on vessel requirements for Notices of Arrival and Departure and Automatic Identification System published in Federal Register   U.S. Coast Guard (USCG)

Australia Bolsters SAR in Indian Ocean Region

AMSA leading program to strengthen search and rescue capabilities in Indian Ocean region   The Australian Maritime Safety Authority (AMSA) said it has commenced

Dozens Missing off Bangladesh after Boat Sinks

About 40 illegal migrants heading from Bangladesh to Malaysia to look for work were missing on Thursday after their boat sank, police said. A steady stream of

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Ship Simulators 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: 0.1151 sec (9 req/sec)