Reportlinker Adds Global Shipbuilding and Repair Industry
John Sisker
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John Sisker - SHIP-TO-SHORE CRUISE AGENCY�
(714) 536-3850 or toll-free at (800) 724-6644 & (Agency ID: 714.536.3850)
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Sep 30, 2009 7:02 AM CDT
NEW YORK-- (BUSINESS WIRE) -- Reportlinker.com announces that a new market
research report is available in its catalogue.
Reportlinker Adds Global Shipbuilding and Repair Industry
http://www.reportlinker.com/p0151193/Reportlinker-Adds-Global-Shipbuilding-and-Repair-Industry.html
The global outlook series on Shipbuilding and Repair Industry provides a
collection of statistical anecdotes, market briefs, and concise summaries of
research findings. The report offers a bird's eye view of the industry,
highlights latest market trends, and demand drivers, in addition to
providing statistical insights into the current global shipbuilding and
repair industry. Discussion on the industry's most noteworthy regional
markets, South Korea, Japan, and China, are amply detailed with unbiased
research commentary and punctuated with 18 information rich market data
tables designed to provide the reader a rudimentary understanding of the
prevailing market climate. Other markets briefly synopsized to offer the
reader a prelude to regional dynamics, include Vietnam, India, Singapore,
Malaysia, Australia, US, Canada, and major European countries such as
Germany, Poland, Norway, Spain, Italy, Turkey, Romania, UK, and Ukraine.
Also included is an indexed, easy-to-refer, fact-finder directory listing
the addresses, and contact details of 326 companies active in the market.
SHIPBUILDING AND REPAIR INDUSTRY GOS-192 A GLOBAL OUTLOOK, OCTOBER 2009
CONTENTS
1. Global Shipbuilding and Repair Industry 1
Introduction 1
Global Shipbuilding Industry - Sailing in Rough Seas 1
Recession Slows Down Global Shipping Market 2
2. Market Dynamics & Trends 2
Recession Hits Global Shipbuilding Industry 2
Excess Capacity Mars Shipping Industry 2
Order Cancellations Rife at Shipyards Worldwide 3
Table 1: Global Shipbuilding Order Book Status in 2007 (*)
and 2008 Estimates (*) by Ship Type - For Containers, Dry
Bulk Carriers, Crude Oil Tankers, Chemical Carriers, Oil
Products Tankers, Other Cargo Carriers, and Others (In Number
of Ships and Volume in million Deadweight Tons) 3
Ship Scrapping Likely to Increase 4
Table 2: Global Ship Scrapping by Ship Type (2006, 2007, and
2008 Estimates) - For Tankers, Bulk Carriers, LPG Carriers,
and Others (In million Dead Weight Tons) 4
Order Cancellations - Instrumental for "Correction" in the
Market 5
Steel Plate Prices - Key to Profitability in Shipbuilding 5
Table 3: World Monthly Steel Plate Prices By Year (2008 and
2009) 6
Arabian Gulf - Most Resilient to the Financial Crisis 6
3. Key End Use Markets 7
Container Shipping Market 7
Container Shipping Companies - The Worst Hit of the Lot 7
Table 4: Global Shipbuilding Completion by Ship Type (2006,
2007, and 2008 Estimates) - For Cargo Carriers (Containers,
Dry Bulk Carriers, Crude Oil Tankers, Chemical Carriers, Oil
Products Tankers, Other Cargo Carriers), and Non-Cargo
Carriers (In Million Gross Tons) 8
Table 5: Global Delivery of New Ships by Ship Type (2006,
2007, 2008 Estimates) -Tankers, Bulk Carriers, LNG Carriers,
LPG Carriers, TEUs, and Others (In Million Dead Weight Tons) 9
Table 6: Global New Shipbuilding Pricing Trends (in US$
Million) by Ship types - For Tankers (VLCC, Suezmax,
Aframax, and Panamax); Bulk Carriers (Capesize, Panamax,
Handymax, and handysize); and Others (LNG Carriers and LPG
Carriers), in the year 2000, 2006, and 2007 9
High Optimism - A Key Factor Leading to Market Downfall 10
Supply-Demand Imbalance - A Leading Cause for Present Glut 10
Tanker Market 10
Tanker Market Plunged in Crisis, Albeit to a Lesser Extent 10
Dry Bulk Shipping Market 11
Bulk Rate Reprisal - A Passing Cloud 11
The China Impact 11
Threat from Over Supply Continues to Loom Large 11
Companies Jarred With Market Slump 11
Slump to Hit Chinese Public-listed Bulk Companies 12
4. Industry Overview 12
Global Shipbuilding Industry - A Spotlight 12
What Drives Demand for New Ships? 13
Historical Development of Global Shipbuilding Industry 13
2000 to 2007, The Period of Upswing in the Global Shipbuilding
Industry 13
Table 7: Global Shipbuilding Order Book Status in 2007(*) and
2008 Estimates (*) by Region - For South Korea, China, Japan,
Philippines, Vietnam, India, Germany, Turkey, and Rest of
World (In Number of Ships and Capacity in million Deadweight
Tons) 14
Increasing World Trade -Key Driver of Growth 14
New Regulations Spurred Fleet Replacement 14
Container Vessels, and Product and Bulk Carriers Led the
Demand Growth 15
Asia Leads the Shipbuilding Industry 15
Table 8: Global Shipbuilding Completion by Region (2006,
2007, and 2008 Estimates) - For South Korea, Japan, China,
Germany, Denmark, and Others (In million Gross Tons) 15
Table 9: Global Shipbuilding Completion by Region (2006,
2007, and 2008 Estimates) - For South Korea, Japan, China,
Malaysia, Turkey and Others (In Number of Ships) 16
China Moves Ahead of Japan; Korea Retains Dominance 16
Global Shipbuilding Industry - Year 2007 in Review 16
5. Global Military Shipbuilding Sector: An Overview 17
Table 10: Global Military Shipbuilding Sector in 2008
(Estimates): Market Share by Revenues Spent by Regions -
Percentage Breakup of Dollar Spent by North America, Europe,
Asia, South America, and Rest of World 17
Table 11: Global Military Shipbuilding Market in 2008
(Estimates): Percentage Breakup of Dollar Sales for Norththrop
Grumman Corp., General Dynamics Corp., Direction des
Construction Navates, BAE Systems, Thales Group, and Others 18
United States 18
China 18
Russia 18
Asia 18
Japan 19
Other Major Markets 19
6. Product Overview 19
Bulk Cargo Carriers 19
Dry Bulk Carriers 19
Types of Bulk Carriers by Size 19
Tankers 19
Types of Tanker Ships by Size 19
Container Vessels 19
Types of Container Vessels by Size (in Twenty-foot Equivalent
Unit (TEU) 19
Other Cargo Ships 20
Niche Category 20
Small Ships 20
Table 12: Global Commercial Merchant Fleet by Ship type as in
Jan 2008 - For Dry Cargo Ships (Cargo Freighters, Bulk
Cargos, Container Ships, Ferries, Ro-RO Vessels, Reefers, and
Other Dry Cargo Vessels); Tankers (Product, Chemical, Crude
Oil, Gas and Others); and Passenger Vessels (Cruise Ships,
Combination Ships, and Others) - In Number of Ships and Fleet
Size in Million Gross Tons 21
7. Measurement Units 22
Gross Tonnage 22
Dead Weight Tonnage (DWT) 22
Compensated Gross Tonnage 22
TEU (Twenty-foot Equivalent Unit) 22
8. Mergers and Acquisitions 22
China International Marine Containers Purchases Stake in
Yantai Raffles 22
POSCO to Acquire Daewoo Shipbuilding & Marine Engineering 22
Marathon Merges with Global Ship Lease 23
FLC West Acquires Stake in Three Shipyards of Aker Yards 23
The Carlyle Group Acquires Stake in TVK Shipyard 23
Kellet & Singleton Investments Acquires Stake in Scan-Trans
Middle East & South Asia Holding 23
Wartsila Takes Over Vik-Sandvik 23
Samsung Heavy Industries Buys Stake in Estaleiro Atlantico Sul 23
French Government Acquires Stake in Chantiers de l'Atlantique
de Saint-Nazaire Shipyards 24
Crowley Maritime Acquires Jensen Maritime Consultants 24
IHI Corp and JFE Holdings to Merge Shipbuilding Units 24
Todd Shipyards Acquires Everette Shipyard 24
JFE Holdings to Acquire Additional Stake in Universal
Shipbuilding 24
Private Equity Companies Acquire Stake in Pipavav Shipyard 24
Northrop Grumman to Merge Shipbuilding Divisions 24
Shanghai Waigaoqiao Shipbuilding to Acquire Stake in Jiangnan
Changxing Shipbuilding Base 24
Martifer Energy Systems Purchases Navalria 25
Damen Acquires Stake in Albwardy Marine Engineering 25
OJSC Kherson Shipyard to Purchase Stake in Black Sea Shipyard 25
Wonson International Holdings to Acquire Jianxi Jianzhou
Shipyard 25
SembCorp Marine to Purchase Stake in Pipavav Shipyard 25
STX Shipbuilding Acquires Stake in Aker Yards 25
ISD Polska to Purchase Stake in Gdansk Shipyard 26
American Commercial Lines Purchases Elliott Bay Design Group 26
Titan Petrochemicals to Purchase Titan Oil's Shipyard 26
Swiber Purchases North Shipyard 26
BLRT Group Buys Turku Repair Yard 26
ABG Shipyard to Purchase Vipul Shipyard 26
Pipavav Shipyard to Purchase a Major Stake in Trinity Capital 26
BAE Systems and VT Group to Merge Shipyards 27
Modec Purchases Floating System Business of FMC Technologies 27
SGS Buys SRS Tech 27
TECO Coating Services Purchases Stake in Davie Shipyard 27
Foss Maritime Acquires Harbor Marine Group 27
Integra to Acquire JSC 27
J.F Lehman & Company Takes Over Atlantic Marine Holding Company 27
Aker Yards Acquires Kleven Design and Kleven Flor� 27
Mitsui Meehanite Metal to Merge with Sanzo Metal 28
Litana ir Ko Purchases a Ship Repair Yard in Kaliningrad 28
9. Shipbuilding and Repair - Regional Markets 28
SOUTH KOREA - WORLD'S LARGEST SHIPBUILDING MARKET 28
Historic Development of the South Korean Shipbuilding Industry 28
Table 13: South Korean Shipbuilding Industry Status - By
Completion, and Order Book Status in 2006 and 2007 - In
Terms of Number of Ships, Volume in Gross Tons, and Value in
US$ Billon 29
Sustainability of Small Players Uncertain 29
Inclination Towards High Technology Vessels to Check Rise in
Cancellations 29
Competition 30
Table 14: Leading Players in the Korean Shipbuilding
Industry Ranked by Capacity 30
Volatile Steel Prices Curb Profitability 30
The Korean Big Three Overwhelmed with High LNG Carrier Demand 30
CHINA 31
Chinese Shipbuilding Industry - Reeling Under Global
Financial Crisis 31
Table 15: Shipbuilding Industry Fact file (China Vs Global) -
2008 31
Stimulus Package to Aid Long-term Sustenance of the Industry 32
High Time to Restructure Shipbuilding Capabilities 32
Consolidation - Looming Large Over Smaller Industry Players 32
High Reliance on Traditional Ship Types Impeding Growth 33
Evolution of Chinese Shipbuilding Industry 33
Major Competitive Advantages 33
Threats 34
Tanker Shipbuilding Sector in China 34
Action Plan for the Chinese Shipbuilding Industry 34
The Chinese Ship Repairing Industry 34
Outlook 34
Chinese Ship Repairing Industry Fact file - 2008 35
Opportunities 35
Threats 35
JAPAN 36
Japanese Order Book Relatively Strong Amid Global Meltdown 36
Table 16: Japanese Export Shipbuilding Order Book by
Financial Year 36
Table 17: Japanese Export Shipbuilding Orders Delivered by
Number of units and Gross Tonnages (GT) for Years 2006 to
2008 & Till April of 2009 - Broken Down for Bulk Carriers,
Oil Tankers, and Cargo Carriers 37
Sinking New Shipbuilding Orders: A Cause of Concern for the
Sector 37
Japanese Players are busy upgrading their yards 37
INDIA 38
Structure of the Indian Shipbuilding Industry 38
Strong Government Backing Augurs High Growth 38
Lower Labor Cost - A Strategic Advantage for India 38
Exports Capture Major Share 39
Older Fleet to Drive Growth in Domestic Market 39
Earlier Time Slots - Providing Competitive Edge 39
Foray into Production of Large Vessels - Essential for
Enhancing Competitiveness 39
Expertise in OSV - Reaping High Returns 39
Productivity At Par With China 40
Table 18: Comparison Between Indian and Chinese Shipbuilding
Sector Through Different Parameters 40
VIETNAM 40
Shipbuilding Industry Amid Ongoing Financial Crisis 40
Inherent Drawbacks Hinder Growth Potential 41
SINGAPORE 41
MALAYSIA 41
AUSTRALIA 42
Superior Technology and Novelty in Design Driving the Industry 42
Focus on Niche Segments Offers Huge Export Potential 42
EUROPE 42
European Shipbuilding Industry 42
High-Turnover Naval Shipbuilding Industry 43
The European Ship maintenance, Repair and Conversion (SMRC)
Sector 43
GERMANY 43
Order Drought and Cancellations, to Keep Most German Yards
Out of Action 44
POLAND 44
Privatization Spree of the State owned Yards 45
Flourishing Private Players 45
NORWAY 45
SPAIN 45
ITALY 46
TURKEY 46
Turkish Shipbuilding Fact File - 2007 46
Market Scenario 46
Exports 47
ROMANIA 47
UNITED KINGDOM 47
UKRAINE 47
UNITED STATES 48
The US Shipbuilding and Repair Industry 48
CANADA 48
10. Recent Industry Activity 49
Keppel Shipyard Bags Contract from Repeat Customers in the US 49
General Dynamics Electric Boat Bags Modification Contract from
the U.S. Navy 49
Everett Shipyard Bags Contract from the U.S. Navy 49
Aker Philadelphia Shipyard Delivers New Vessel to American
Shipping Company 50
Mitsui Engineering & Shipbuilding Delivers Crude Oil Tanker to
Fratelli d'Amico Armatori 50
SHI Bags the First LNG-FPSO Order From FLEX LNG 50
Gidropribor Research Institute Introduces Shagala 50
Mitsui Engineering & Shipbuilding Signs Supply Agreement with
Port of Tanjung Pelepas 50
Kherson Shipyard Delivers the First TIOLI Type River Tanker to
Veka Shipbuilding 50
Navios Maritime Inks Agreement to Acquire Two Capsize New
Building Vessels 50
BAE Systems San Diego Ship Repair Bags a New Contract 50
Climax Portable Machine Tools Unveils New Climax FF6100 Flange
Facer 50
Uljanik Announces Plans to Construct Two Livestock Carriers 51
Daewoo Shipbuilding & Marine Engineering Rolls Out Two New
Vessels 51
Atlantska Plovidba Receives Contract from a Greek Ship Owner 51
Odense Steel Shipyard to Divest Loksa Shipyard 51
Bender Shipbuilding & Repair Bags Contract 51
Tailwind Financial Plans to Acquire Dry Bulk Vessels 51
Rolls-Royce Inks Agreement with Abu Dhabi Ship Building 51
Daewoo Shipbuilding & Marine Engineering Bags Major Order 52
Todd Pacific Shipyards Wins Contract from the U.S. Navy 52
Kawasaki Introduces Eria Colossus Bulk Carrier 52
Shipping Corp. of India Inks Contract with STX Shipyard 52
Aker Yards and MSC Cruises Sign Contract 52
Keppel FELS Signs Contract with ENSCO International 52
Fincantieri to Acquire MMG from Manitowoc Company 53
Thyssen Krupp Marine Systems Sign Agreement with AVEVA 53
Wartsila-Hyundai Engine Obtains Order for 16 Dual Fuel Engines 53
Companhia Vale Signs Agreement with Rongsheng Shipbuilding 53
ASL Marine Holdings Incorporates New Subsidiaries in Singapore 53
ASL Project Services Changes Name 53
Vyborg Shipyard to Build New Shipbuilding Complex 53
Samsung Heavy Industries Bags Contract from Europe 54
Ha Long Shipbuilding Delivers Ship to Graig Group 54
Fugro and Sealion Shipping Receive Ship Repair Order 54
Kherson Shipyard Unveils the First Hull Vessel 54
Keppel Shipyard Signs Three New Contracts for Upgradation 54
Keppel Singmarine Secures Contract from Grup Servicii Petroliere 54
General Dynamics NASSCO Starts Building Third Product Carrier
Ship 55
Standard Marine & Ship Repair Bags Contract 55
Jiuhua Shipbuilding Base to Commence Production 55
SPP Shipbuilding Signs Agreement with AVEVA 55
Abu Dhabi Ship Building Signs MoU with BVT Surface Fleet 55
Todd Pacific Shipyards Bags Contract from Glacier Fish Company 55
Rolls-Royce Bags Major Orders from Two Asian Shipbuilders 56
Qingdao Beihai Shipbuilding Inks Agreement with AVEVA 56
China Shipping to Divest Terminal Unit 56
Aker Yards Signs Contract with DOF 56
NASSCO Bags Contract from the U.S. Navy 56
Sembawang Shipyard Wins Contract 56
Kawasaki Shipbuilding Delivers LPG Carrier Summit River 57
General Dynamics NASSCO Receives a Modernization Contract from
the US Navy 57
Song Thu Bags Ship Building Contract 57
Keppel FELS Receives Contract from Scorpion Offshore 57
Aker Solutions Receive Contract from Jurong Shipyard 57
Mitsubishi Heavy Industries Delivers Ship to Mitsui O.S.K. Lines 57
DSME Receives Orders from European and Asian Companies 58
Jurong Shipyard Signs Deal with Aker Contracting 58
Kawasaki Shipbuilding Delivers Energy Navigator 58
Colfax Bags VT Shipyard Pump Packages Contract 58
ABG Shipyard Bags Shipbuilding Contract from Sealion 58
Top 3 Players bag Contracts Worth US$2.32 Billion 58
Daewoo Shipbuilding & Marine Engineering Develops Pre-swirl
Stator 59
Daewoo Shipbuilding & Marine Engineering Unveils Two New Vessels 59
Mitsui Engineering & Shipbuilding Delivers M.T. "Yasa Golden
Dardanelles 59
Rolls-Royce Establishes New Facility 59
McDermott International Forms JV with a unit of China
Shipbuilding Industry 59
Genco Shipping & Trading to Acquire 6 Drybulk New Building 59
Todd Pacific Shipyards Receives Contract from U.S. Coast Guard 59
VT Group Enters into Joint Venture with BAE Systems 60
Rolls-Royce Secures Order from BGP Marine China 60
Daewoo Shipbuilding & Marine Engineering Obtains Order for 10
Ships 60
Mitsui Engineering & Shipbuilding Delivers M.V. "HONEST SPRING" 60
Apeejay Shipping to Establish Ship Repairing Facility and
Building Yard 60
Daewoo Shipbuilding & Marine Engineering Launches New Drill-ship 60
Cochin Shipyard Delivers Five Platform Supply Ships 61
Keppel FELS Wins Contract for Semisubmersible Rig 61
Keppel FELS Obtains Contract from ENSCO International 61
Larsen & Toubro to Invest INR2, 500 Crore 61
Kawasaki Shipbuilding Launches Anna-Barbara Bulk Carrier 61
Nigeria Daewoo Shipping Introduces First Lifting 61
PennShip Services Starts a Ship-Repairing Yard in Philadelphia 61
Continental Forms Shipbuilding JV with Yizheng Jianghaiyang 61
Adana-Yumuralik Free Zone to House New Five Shipyards 62
Rousse Shipyard to Deliver Eighth Ship for Nimmrich & Prahm 62
Rolls-Royce Establishes New Marine Service Facility 62
MTG Dolphin Delivers First Vessel for Veka Shipbuilding 62
Bocimar International Sells Three Vessels to Genco 62
Bocimer International to Procure New Ship from Shanhaigun and
Jinhaiwan 62
Odense Shipyard Rolls Out Marchen Maersk 62
Nantong COSCO Completes Shipbuilding Dock for Kawasaki 62
Keppel Singmarine Bags Specialized Shipbuilding Contracts 63
SCI to Form Joint Venture with ABG Shipyard 63
L&T and TNIDC to Establish New Port and Ship Building Facility 63
Kherson Shipyard Delivers Aries Warrior 63
DSME Rolls Out Two New Vessels 63
Daewoo Shipbuilding & Marine Engineering Receives New Drill
Ship Order 63
Abu Dhabi Ship Building Bags Contract from UAE Coast Guard 63
BAE Systems Norfolk Ship Repair Bags Contract Modification 64
Northrop Grumman Shipbuilding Receives Contract from the US Navy 64
Rolls-Royce To Build a Polar Research Vessel for NIMR 64
General Dynamics NASSCO Unveils USNS Amelia Earhart (T-AKE 6) 64
China Shipping Group Signs Agreement with Baosteel Group and
China State Shipbuilding 64
TTS Handling Systems Receives Contract from China Shipbuilding &
Offshore International 64
Abu Dhabi Ship Building Enters into Strategic Alliance with
AVEVA Marine 64
Beluga Shipping to Increase Fleet to 75 Ships 65
Kawasaki Shipbuilding Unveils Navios Armonia Bulk Carrier 65
STX Shipbuilding Bags Orders from European Shipping Companies 65
Shipping Corporation of India to Enter into Joint Venture with
STX Shipbuilding Company 65
Rolls-Royce Signs MoU with Vinashin 65
ASL Shipyard Receives Contract from European Customers 66
Todd Pacific Shipyards Bags Contract from Military Sealift
Fleet Support Command 66
Rolls-Royce Bags Contract from China Oilfield Services 66
Daewoo Shipbuilding & Marine Engineering Secures Contract from
European Shipping Company 66
Kawasaki Shipbuilding Supplies Mochishio Submarine 66
Conrad Industries Signs a New Construction Contract 66
Aker Yards Receives Contract from Royal Arctic Line 66
DSME Secures New Orders from S.A.O.C. 67
Fincantieri Unveils Cruise Barcelona 67
Vinashin Soai Rap Commences Plants Construction 67
Fincantieri and Compagnie des Iles du Ponant (CMA CGM Group)
Sign Agreement 67
DSME Receives Order from Sendirian Berhad 67
General Dynamics NASSCO Secures Contract from the US Navy 67
Fincantieri Rolls Out Cruise for Princess Cruises Lines 68
Larsen and Toubro to Construct a Ship Building Yard 68
CACI International Bags Contract from Naval Sea Systems Command 68
Hanjin Heavy Industries Inks Agreement with AVEVA Marine 68
DSME Delivers Two Ships to Sovcomflot and Vela 68
Kawasaki Shipbuilding Launches Santa Theresa Bulk Carrier 68
Dolphin Offshore Enterprises to Venture into Shipbuilding 68
DSME to Deliver Semi Submersible Drilling Rig to Odfjell 68
Keppel FELS Enters into Joint Venture with Jurong Shipyard 69
Goodearth Maritime to Set up a Shipbuilding Yard 69
Kawasaki Shipbuilding Supplies a Reimei LPG Carrier to
Sherwood Overseas 69
Northrop Grumman Bags Shipbuilding Contract from the U.S. Navy 69
Jiangsu New Yangzi Shipbuilding Secures a Shipbuilding
Contract from COSCO 69
ABG Shipyard Receives New Overseas Orders 69
Electric Boat Bags Contract Modification from the U.S. Navy 69
SHI Constructs Unique Multidirectional Oil Tanker 70
Kawasaki Shipbuilding Supplies Celestine River 70
Todd Pacific Shipyards Enters into a Contract with Washington
State Ferries 70
Carnival Places Order for Two Cruise Ships 70
Rousse Completes Construction of a 4,500 ton Cargo Ship 70
Mitsui Engineering & Shipbuilding Supplies MV LADY GIOVI 70
Mitsui Engineering & Shipbuilding Delivers MV "BRASIL MARU" 70
Rolls-Royce Bags Contract from Sinopacific Shipbuilding 71
Indian Companies to Plunge into Shipbuilding 71
Electric Boat Receives Contract Modification from the U.S. Navy 71
Keppel Shipyard Secures Contract from Prosafe Production 71
Aker Philadelphia Shipyard Enters into Agreement with Aker
American Shipping 71
Hanjin Heavy Industries to Construct a New Shipyard 71
Fincantieri Launches Queen Victoria for Cunard Line 71
Vyborg Shipyard JSC Delivers STRIL MARINER 72
Jinhui Shipping to Buy Two Ore Carriers 72
Sembawang Shipyard Inks Contract with Equinox 72
Indian Companies to Expand Shipbuilding Capacity 72
Detyens Shipyard Obtains Contract from National Oceanic &
Atmospheric Administration 72
DSME Introduces Drillship and PCTC 72
Bath Iron Works bags Contract from the U.S. Navy 72
Kawasaki Shipbuilding Delivers LNG Carrier to Maple LNG Transport 73
SHI Completes Construction of the First Drill Ship 73
Gulf Copper Ship Repair Receives Contract from the U.S. Navy 73
Bharati Shipyard Bags Contract from Opielok 73
Korea Shipyard Signs Contract with AVEVA 73
Remontowa Bags Ferry Construction Contract 73
BAE Systems San Diego Ship Repair Secures Contract from Naval
Sea Systems Command 73
Bharati Shipyard Inks JV Agreement with Apeejay Shipping 74
Kawasaki Shipbuilding Unveils Anna-Elisabeth Bulk Carrier 74
China Shipping Development and CSSC Guangzhou Longxue
Shipbuilding Sign Agreement 74
Kleven Verft Secures Vessel Delivery Contracts from Siem Offshore 74
Keppel Singmarine Delivers Supply Vessel to Gulfmark Offshore 74
Nizhegorodskiy Teplokhod Delivers 6th Hull for Rensen
Shipbuilding 74
Fincantieri Introduces a new Destroyer Vessel for Italian Navy 74
DSME Obtains Order for Ships from Vela International Marine 75
Cochin Shipyard Receives Contract from DOF 75
TTS Ships Equipment Obtains Contract from Odense Steel Shipyard 75
Keppel Nantong Shipyard Secures Shipbuilding Contracts 75
Fincantieri Receives an Order for Two New Cruise Lines from
Costa Crociere 75
Fincantieri Introduces Cruise Line for Carnival Cruise Lines 75
Bharati Shipyard to Form Shipbuilding Yard Joint Venture with
Apeejay Shipping 75
Lotos Shipyard Rolls Out the Hull of New Container Carrier 75
Astrakhan III International Shipyard to Deliver Dry Cargo Ship
for Rensen Shipbuilding BV 76
Bharati Shipyard Bags Order from Shipping Corporation of India 76
Konecranes Secures Contract for Goliath Gantry Cranes 76
Fincantieri Enters into an Agreement with Cunard Line 76
Everett Shipyard Receives Contract from the U.S. Navy 76
Fincantieri Unveils "Super Star" Cruise Liner to Tallink 76
DSME Delivers Gang-Gam-Chan 76
JURONG Shipyard to Form JV with WTorre 76
Shipping Corp. of India Orders Ten New Ships 77
Rolls-Royce Buys Seaworthy Systems 77
ABG Shipyard Bags Order from Bereederungsgesellschaft H Vogemann 77
Electric Boat Wins Contract from the U.S. Navy 77
Thoresen Shipping Signs Contract with Vietnam Shipbuilding
Industry Group 77
COSCO Shipyard Group Obtains Contracts for Building Bulk Carriers 77
ABG Shipyard Receives Order from Essar Shipping & Logistics 77
Rensen Shipbuilding Inks Shipbuilding Contract with
Zelenodolsk Plant 77
Cargotec Secures Order for Supplies to Cargo Vessels 78
Reliance To Set Up Ship Building and Dredging Companies 78
BAE Systems San Diego Ship Repair Obtains Contract from the
U.S. Navy 78
Globus Maritime to Acquire a Panamax Bulk Carrier 78
HHIC Secures Order for 5 Container Ships 78
RK HDW Gaarden Launches Maruba Europe 78
Wartsila-Hyundai Engines to Build Dual-Fuel Engines 78
DSME to Construct World's Largest Floating Dock 78
Ningbo Shipyard Bags a Contract from Global Carriers 78
DSME Establishes Ship Block Factory 78
Larsen and Toubro Bags a Contract with RollDock 79
General Dynamics NASSCO Commences Building of a New Line of Ships 79
General Dynamics NASSCO Signs Shipbuilding Agreement with the
U.S. Navy 79
SHI Bags Orders from Stena Company 79
Standard Marine & Ship Repair Bags Contract from the U.S.
Department of Homeland Security 79
Built Environs and McConnell Dowell Secure Contract 79
General Dynamics NASSCO Secures Contract from the U.S. Navy 80
Samsung Heavy Industries to Build New Block Assembly Factory 80
Muhibbah Marine Engineering Bags Contract from Tanjung Kapal
Services 80
NicoCraft Rolls Out Nemo 80
Kawasaki Shipbuilding Unveils Anna-Maria Bulk Carrier 80
Punj Lloyd Signs MOU with Pipavav Shipyard 80
Keppel Launches New Shipyard in Nantong 80
Bharati Shipyard Receives Contract from UP Offshore 80
ASC Shipyard Selects Hansen Yuncken for Adelaide Shipyard
Expansion 81
Hanjin Heavy Industries & Construction Group to Split 81
Daewoo Shipbuilding Rolls out Two Vessels 81
HHI Constructs LPG Carrier for Bergesen 81
Rolls-Royce Signs Contract with UK Ministry of Defense 81
Everett Shipyard Secures Contract from the U.S. Navy 81
DSME Introduces First LNGC Vessel for KLC 81
ABG Shipyard Secures Order from Precious Shipping 81
ASL Shipyard Obtains Major Shipbuilding Contract 82
China Oilfield to Acquire New Marine Support Vessels 82
Standard Marine Secures Contract from U.S. Department of
Homeland Security 82
Clough Enrolls New Ship to Fleet 82
AVEVA Wins Contract from SLS Shipbuilding 82
Northrop Grumman Wins Contract from the U.S. Navy 82
DSME Launches H.2250 at RD#3 82
Gujarat NRE to Buy Ships from Japanese Shipyard 82
SHI Completes Building the World's Biggest LNG Carrier 83
Fincantieri Unveils 'Sagar Nidhi' for the National Institute
of Ocean Technology 83
Bharati Shipyard Secures Order from Sea Cargo Skips 83
SLS Shipbuilding Secures Order from MISC 83
STX Shipbuilding Secures Order from Middle East Company 83
Kawasaki Shipbuilding Supplies BW Broker LPG Carrier 83
Kawasaki Shipbuilding Supplies Tamagawa VLCC 83
Third International Shipyard Introduces the Hull for Rensen
Shipbuilding 83
Wartsila CME Zhenjiang Propeller to Establish Propeller Plant 84
SHI Expands Ningbo Ship Block Factory 84
Fincantieri Launches a Ferry for Grimaldi Group 84
Standard Marine & Ship Repair Secures Contract from the U.S.
Department of Transportation 84
Sovcomflot and Novorossiysk Ship Repair Yard Sign Agreement 84
Changrong Steel, Jiangsu Xinrong Shiprepair and CSSC Chengxi
Shipyard Sign Contract 84
BAE Systems Norfolk Ship Repair Receives Contractfrom the U.S.
Navy 84
COSCO Secures Contract from Chengxi Shipyard 85
Bharati Shipyard and Great Offshore Sign Contract 85
Jiangsu Eastern Shipyard Secures Contract to Build Oil Tankers 85
Odessos Shiprepair Yard to Buy Floating Dock 85
Rolls-Royce Secures Contract from OSM Schiffahrt 85
Bharati Shipyards Wins Contract from Offshore Shipping I 85
Fincantieri Unveils The Ventura 85
MacGregor Obtains Contract from Cosco Dalian Shipyard 85
Kawasaki Shipbuilding unveils Orient Phoenix Bulk Carrier 86
Tsuneishi Shipbuilding Introduces Wave Power Yacht 86
Rolls-Royce Bags Contract from Ezra Holdings 86
Bharati Shipyard Secures Contract from Man Ferrostaal 86
Kawasaki Shipbuilding Corp. Delivers Crude oil Carrier to Gios
Maritima 86
Hanjin Heavy Industries Receives Order of Eight Post-Panamax
Container Carrier and Several New Projects 86
China Shipbuilding Industry Receives Contract from Hebei Ocean
Shipping 87
CSSC Delivers Ship to Stenersen 87
CSSC Receives Contract from Stenersen 87
DSME Bags Contract from T&H and NV 87
Hindustan Shipyard Delivers Good Princess to Goodearth Maritime 87
General Dynamics NASSCO Commences Manufacturing of 7th T-AKE Ship 87
DSME Receives Order from Liberty Maritime 87
Gulf Copper Ship Repair Receives Contract from U.S. Army 87
SWECO AB Bags Contract from Aker Yards 87
Aker Yards Secures Contract from Royal Caribbean Cruises 87
Hanjin Heavy Industries Establishes New Facility 87
Aker Yards Bags Contract from Aker Capital 88
The Union Territory of Lakshadweep and Colombo Dockyard Ink
Agreement 88
Jurong Shipyard Secures Contract from SeaDrill 88
Standard Marine & Ship Repair Obtains Contract from the Dept.
of Homeland Security 88
Rolls- Royce and University of Manchester Establishes New
Testing Facility 88
Mitsui Engineering & Shipbuilding Supplies MV NSS HONESTY 88
DSME and DMHI Obtains Orders for 16 Ships 88
Bharati Shipyard Snaps Up Assets of Swan Hunter Shipyard 89
Larsen & Toubro Plans to Establish a Ship Building Yard 89
ABG Shipyard Secures Shipbuilding Contract 89
Hartmann Group Orders Supply Vessels from Fincantieri 89
Aker Yards and MSC Cruises Sign Contract 89
Kawasaki Shipbuilding Unveils KT Venture Bulk Carrier 89
Standard Marine & Ship Repair Bags Order 90
ASL Marine Holdings Receives Major Contracts 90
CSSC and Shanghai Baosteel Group to Invest in Shipbuilding 90
Hanjin Heavy Industries & Construction Receives Order from Danaos 90
Fincantieri Inks Agreement with Oceania Cruises 90
Fincantieri Signs Agreement with Silversea Cruises 90
Kawasaki Shipbuilding Delivers Crude oil Carrier to Colnago
Maritima 90
Chengxi Shipyard Company Receives Contract from Hongkong Huaguang 90
Diana Purchases A Dry Bulk Carrier 91
MacGREGOR Enters into Joint Venture with Vietnam Shipbuilding
Industry Group 91
Jinhui Holdings to Acquire a Supramax Ship 91
Todd Pacific Shipyards Wins Contract from the Military Sealift
Fleet Support 91
American Commercial Lines Buys Assets from McKinney 91
Pelican Offshore Services Bags Shipbuilding Contract 91
Fincantieri Delivers Carnival Freedom to Carnival Group 91
Abu Dhabi Ship Building Clinches Contract from UAE Naval Forces 92
Coastal Offshore Secures Contract for 7 Offshore Support Vehicles 92
General Dynamics NASSCO Receives Contract from the U.S. Navy 92
Kawasaki Shipbuilding Launches Bulk Carrier 92
Daewoo Mangalia Heavy Industries Signs Contract with Hamburg Sud 92
Todd Pacific Shipyards Bags Contract from Military Sealift
Fleet Support Command 92
Fincantieri Partners with Turkish Yard 93
ABG Shipyard Bags Shipbuilding Order from Pacific First Shipping 93
DSME to Undertake Facility Expansion 93
Daewoo Shipbuilding & Marine Engineering Enters into Joint
Venture to Form NIDAS 93
Fincantieri Signs Agreement with Carnival Corporation 93
Bath Iron Works Bags Contract from the U.S. Navy 93
Bach Dang Ship Building Unveils Golden Falcon 93
Northrop Grumman Bags Shipbuilding Contract from the U.S. Navy 93
Boustead Holdings to Buy Sites from PSC Asset Holdings 94
Tuticorin Port Trust to Construct Ship Building Yard 94
BAE Systems Bags Ship Overhaul Contract from the U.S. Navy 94
Eidesvik Enters Into Alliance with Ulstein Verft for Building
SX121 Ship 94
Atlantic Marine Alabama Wins C-9 Conversion Contract from
Matson Navigation 94
Wartsila Bags Order from Chinese Shipyards 94
Wartsila, Mitsubishi Heavy Industries and China Shipbuilding
Industry to Form a Joint Venture 94
ODIM Signs Contract with Shipyard 95
VT Halter Wins Contract from the US Navy 95
Indian Navy to Increase Fleet Size 95
Hyundai Bags a Mammoth Order from CMA-CGM 95
Santierul Naval Orsova to Upgrade Technology 95
TBS International to Purchase Two Bulk Carriers 95
Hyundai Completes Slipway Construction and Announces Expansion 95
Pipavav Shipyard Secures Order from Europe 96
Hyundai Bags Order from China 96
Todd Pacific Shipyards Secure Contract from the U.S. Navy 96
Standard Marine & Ship Repair Bags Contract from the U.S.
Department of Homeland Security 96
Norilsk Nickel Receives Contract from Aker MTW Werft 96
Todd Shipyards Obtains the U.S. Navy Repair Contract 96
Daewoo Shipbuilding Wins Contracts from Gebab Holding and
Conti Holding 96
Nam Trieu Shipbuilding Launches Colossal Cargo Vessel 96
Northrop Grumman Receives Ship Modification Contract 96
BAE Systems Secures Repair Contract from the U.S. Navy 97
Sonatrach Petroleum Enters into Joint Venture with Kawasaki
Shipbuilding 97
Acergy Signs Pact with DOFCON 97
Aker Yards and Damen Shipyards to Form Joint Venture 97
Keppel Shipyard Bags Conversion Contract 97
BAE Systems Norfolk Ship Repair Secures Contract from the U.S.
Navy 97
Sovkomflot Signs Agreement with Admiralty Shipyards 97
Saigon Shipbuilding Unveils Vien Dong 5 Ship 98
Technip Inks Contract with Geo ASA 98
ISOICO Signs Agreement with Venezuela 98
Gulf Copper Ship Repair Bags Contract from the U.S. Navy 98
Larsen & Toubro Receives Contract from Zadeko Ship Management 98
Bath Iron Works Secures Contract from the U.S. Navy 98
Song Thu Inks Contract with Damen Group 98
Caspian Services Inks MoU with Nico International and
Kazmortransflot 98
Quickstep Holdings to Purchase Flatout Boats 99
Damen Shipyards Obtains Contract from Istanbul Deniz Otobusleri 99
Ship Finance International to Buy Five Container Vessels 99
Northrop Grumman Ship Systems Secures Contract from the U.S. Navy 99
New Century Shipbuilding and AVEVA Sign Contract 99
Northrop Grumman Ship Systems Bags Contract from the Defense
Department 99
Sanwa Dock Invests in Ship Repair Dock 99
Samsung Heavy Industries and Marine and Heavy Engineering to
Form Joint Venture 99
SembCorp Marine to Invest in Cosco Shipyard 100
Phu Yen Seafood Opens Shipbuilding Factory 100
Bulyard Shipbuilding Industries to Spend on Upgrades in Varna
Shipyard 100
Keppel Shipyard Receives Contract from Golar LNG 100
Alstom and Aker Yards to Form Joint Venture 100
Sembawang Shipyard Secures Contract from Bergesen 100
GLOBAL DIRECTORY
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