China: Low- level price this year

On January 27th, China Association of the National Shipbuilding Industry (CANSI) said the ship price might hang around low level this year. Considering foreign exchange rate and cost rising, the slump was limited.
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Source: Asiasis

Posted on 1/29/2011 / 0 comments / Read More

CSSC targets $16.5bn revenue

On January 26th, China State Shipbuilding Corporation (CSSC) announced that the group eyed on CNY110bn ($16.5bn) revenue and CNY7.8bn profits, as well as 20% growth of economic value added (EVA).
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Source: Asiasis

Posted on 1/29/2011 / 0 comments / Read More

Austal launches its largest vessel yet

Austal's largest vessel yet - the 112.6 m catamaran ferry Leonora Christina - is on track for sea trials in March and delivery to Denmark's Bornholmer Færgen in May.
The vessel was launched at Austal's Western Australia shipyard this week following a traditional coin ceremony.
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Source: MarineLog

Posted on 1/29/2011 / 0 comments / Read More

Vinashin bounces back after 4 months of restructuring

Vietnam News Service reported that near bankrupt shipbuilder Vinashin has gradually bounced back after four months of restructuring.
A report made by the Steering Committee for Restructuring the Viet Nam Shipbuilding Industry Group said that all of its businesses, including shipbuilding, sea transport and subsidiary industries, had been back on their right track.
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Source: Steel Guru

Posted on 1/29/2011 / 0 comments / Read More