Ship construction

Ship construction provides shipyard news and commentary. Shipbuilding activity, which now takes place mostly in Asian yards in South Korea, Japan and China, has become less reliant on skilled labour, with automation becoming far more commonplace. Following a major boom in newbuilding orders between 2006 and 2009, driven by the expansion of China’s economy, the industry has since faced a period of decline with many facilities, particularly in Europe, having closed down or switched to ship repair business. Nevertheless, orders for new ships continue to be placed on an almost a daily basis and are increasingly more efficient in terms of fuel consumption and emissions.

Commentary

Tankers, bulkers and container vessel delivered in 2015 mark the tailing off of a shipbuilding high point from 2011 to 2013. We break down the figures and look at what 2016 has in store.

More Commentary

Latest Headlines

Xu Lirong heads up China COSCO Shipping Corporation.
27 Feb 2017
The announcement suggests a plan to restructure the Chinese group’s shipbuilding businesses and came shortly after the Singapore-listed COSCO Corporation posted a wider loss of SGD976.08 million (USD682.57 million) for 2016, from a SGD914.84 million loss in 2015.
Balboa is designed for a two-way trading role.
24 Feb 2017
The carriers, designed to suit the aluminium industry and built to the caustic soda/bulk carrier (CABU) concept allows consecutive switching between dry and liquid cargo shipments in dedicated trade patterns.
23 Feb 2017
This is the first instalment for the HOLISHIP (HOLIstic optimisation of SHIP design and operation for life cycle) research project. The project proposal was in response to the European Union’s Horizon 2020 Transport Research Programme and it will publish a bi-monthly diary on Fairplay’s website starting in February this year.
22 Feb 2017
South Korean mid-tier shipbuilder Hyundai Mipo Dockyard has won an order to build a 50,000 dwt products tanker from a Greek ship owner, marking the shipbuilder's fourth order win of the year.
21 Feb 2017
South Korea’s Hyundai Heavy Industries (HHI) on Tuesday won an order to build two 320,000 dwt very large crude carriers (VLCCs) for a Greek customer, officials from the shipbuilder told Fairplay.
The design of the one of the Stena ro-pax ferries.
20 Feb 2017
Each of the four newbuildings contracted from AVIC Weihai Shipyard will offer a ro-ro capacity of 3,100 lane-metres, nearly twice as much as Stena’s existing vessels on Belfast routes, and will have provision for nearly 1,000 passengers.
20 Feb 2017
The company raised NOK833 million (USD100 million) through a private placement of shares at a price of NOK11.50 per share in Oslo. It has decided to launch a subsequent offer to raise a further NOK83 million following the strong demand the placement had met with investors.
Caisson produced by Samsung C&T.
20 Feb 2017
The order, including four heavy deck cargo ships from Hubei Offshore Engineering Equipment, a subsidiary of Wuchang Shipbuilding Industry, and another three heavy-lift vessels at Jingjiang Nanyang Shipbuilding is intended to support Samsung C&T's construction business.
20 Feb 2017
Chu Kong Shipping has ordered an oil tanker from GSI for delivery in November.
Hyundai Mipo Dockyard
17 Feb 2017
The contract has options for a further two vessels. Ethylene is considered a demanding cargo to transport.