According to Shipbuilding Industry Development Policy 2021 (SBIDP 2021), Bangladesh aims to earn USD 4 billion and create employment for one lakh people by 2026 from an export-oriented shipbuilding industry. According to UNCTAD, Bangladesh barely contributed 0.08% of the global shipbuilding gross...
https://www.hellenicshippingnews.com/why-not-focus-on-ship-repair-before-shipbuilding/
Korea’s shipbuilding order intake surpassed China’s for the first time in three years in the first quarter of 2024. The Korean Ministry of Trade, Industry and Energy (MOTIE) announced that shipbuilding orders in the first quarter of this year totaled US$13.6 billion, surpassing China’s US$12.6...
https://www.hellenicshippingnews.com/korean-shipbuilders-book-us13-6-billion-in-new-orders-in-q1/
South Korean shipbuilding giant, Hyundai Heavy Industries Group, is interested in buying a stake in rival Daewoo Shipbuilding & Marine Engineering, a Hyundai official told Reuters on Wednesday. State-funded Korea Development Bank (KDB) holds a 55.7 percent stake worth 2.16 trillion won (1.48...
Damen Shipyards Group and leading shipping group CMA CGM are beginning a cooperation that will ultimately result in around 100 of the latter’s vessels receiving significant modifications. These will deliver fuel efficiencies of more than 10 percent. The upgrades will take place at Damen Shiprepair...
South Korea reclaimed the crown from the Chinese as the world’s largest shipbuilder after three years last quarter, sweeping global orders for high value-added, low-carbon ships to which it has been shifting its focus amid the decarbonization trend, the Ministry of Trade, Industry and Energy said...
https://www.hellenicshippingnews.com/korea-reclaims-crown-from-china-as-worlds-top-shipbuilder/
GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, has obtained two new Approvals in Principle (AIP) from the classification societies ABS and Lloyd’s Register for cargo transfer operations between Very Large Ethane Carriers (VLEC) equipped...
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from the University of Tokyo for its independently developed “MiPoLin®”, a power prediction and lines selection system(1). The system has already been available at the university’s Maritime...
HD Hyundai Chairman Kwon Oh-gap met with foreign workers at its shipyard to ensure decent working conditions against the backdrop of an increasing number of workers from abroad at around 8,700. Kwon, along with other key executives from HD Hyundai’s shipbuilding affiliates, held a luncheon meeting...
https://www.hellenicshippingnews.com/hd-hyundai-chair-commits-to-upping-support-for-foreign-workers/
Multiple teams tasked with simultaneously constructing 14 ships, each with different functions, are busy at work at the docks owned by Jiangsu Yangzi Xinfu Shipbuilding Co Ltd, a shipyard based in Taizhou, East China’s Jiangsu province. The company receives large shipments of various commodities...
https://www.hellenicshippingnews.com/china-shipbuilders-riding-crest-of-global-orders/
Targeting sustainability and fleet managers, the NGO Shipbreaking Platform calls for the adoption of responsible ship recycling policies in letters sent to shipping companies standing out for their particularly poor shipbreaking practices as revealed in the Platform’s Annual Dumpers List. The...
https://www.hellenicshippingnews.com/worst-corporate-dumpers-asked-to-clean-up-their-acts/