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Shipbuilding

More Foreign Workers Anticipated in Shipbuilding Industry

The Ministry of Justice announced on Jan. 5 that the annual E-7-4 visa quota has been adjusted from 2,000 to 5,000 so that shipbuilders...

Yangzijiang’s share price weakness at the start of 2023 presents ‘buying opportunity’: DBS

DBS Group Research analyst Ho Pei Hwa has reiterated her “buy” call for Yangzijiang Shipbuilding (YZJ) with a target price (TP) of $1.70. According to...

S.Korea’s shipbuilding orders log double-digit fall in 2022

South Korea’s shipbuilding orders logged a double-digit fall last year due to a sharp drop in global demand, the industry ministry said Thursday citing...

Celsius linked to order of up to 8 LNG carriers at CMI

China Merchants Industry Holding (CMI), a manufacturing flagship of China Merchants Group, has won a contract for the construction of up to eight 180,000...

Report: Iran is Converting Two Panamax Boxships Into “Drone Carriers”

The future drone carrier Shahid Mahdavi, formerly the 3,300 TEU Sarvin or her sister ship Perarin The Iranian Islamic Revolutionary Guard Corps' boxship-to-warship conversion project...

Hudong-Zhonghua Shipbuilding Group Delivers Container Ship EVER ACME 4 Months Ahead Of Schedule

On December 29 , the 24,000 TEU container ship "EVER ACME" built by the company for Evergreen Shipping Co., Ltd. was officially delivered at...

Finnlines’ second new Superstar passenger-freight vessel launched – ensures a more sustainable option for travel and transport of freight

Around 90 per cent of the Finnish and Swedish exports and imports are carried by ships. Finnlines’ new Superstar class cargo-passenger vessels will ensure...

Chinese Shipbuilders Outperform Korean Dockyards for Two Years

Clarksons Research announced on Dec. 29 that this year’s global shipbuilding orders are 41.93 million CGT, down 22 percent from a year ago. The...

China Merchants Industry bags order for up to eight LNG carriers

China Merchants Industry and an undisclosed European owner have entered into a contract for the construction of four 180,000 cu m LNG carriers plus...

Gondan Shipbuilders launches Edda Wind’s CSOV C491

These eight vessels form the expansion program of Edda Wind with all vessels being delivered from now until 2025 This Christmas Edda Wind received a...
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