Taiwan Shipbuilding Forecast to top US$1.6 bln

Thursday, January 03, 2008
Business in Asia Today claims that the production value of Taiwan's shipbuilding industry is expected to amount to NT$52 billion (US$1.6 billion) for 2007, up 21 per cent over the year-earlier level, according to tallies released Thursday by the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs. This will mark the first time the country's shipbuilding output has topped NT$50 billion, IDB officials said, predicting that the production value will further expand to more than NT$60 billion for 2008. For the first 11 months of this year, Taiwan's state-owned shipbuilder, CSBS Corp., Taiwan, saw its revenue amount to NT$26.2 billion and its pre-tax net profit hit a record-high of NT$4 billion, the officials said.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

New Products

Rosneft Ships First Oil From Chayvo Field

Rosneft commenced shipment of crude oil extracted at the Northern Tip of Chayvo license off the coast of Sakhalin, with the first tanker carrying Sokol-grade crude leaving port on November 21.

New Tidal Wave Energy Device Completes Sea Trials

In the continuing quest to harvest efficient, renewable energy from the power of the world’s tides, an organization called Sustainable Marine Energy’s announced

New Portable Power System from SWE

Southwest Electronic Energy announced the launch of POW-R Tote, a rugged, lightweight, 12V/117Ah portable power system which provides compact-convenient energy

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators
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: 0.0943 sec (11 req/sec)