Ship construction

China shipbuilding

China's shipbuilding sector is getting more orders, but profit margins are weak.

A ship being built

A shipowner may endure a long-running dispute about who pays the cost of putting design errors right if shipbuilding contracts contain no provisions allocating liability for the vessel’s design.

Yang Ming vessel

The company, which is 45% owned by the Taiwanese government, will order 10 11,000 teu vessels and 10 2,800 teu vessels.

LNG tanker BW Tulip

Singapore-based BW Group has been identified as the company behind the shipbuilding contract with Daewoo Shipbuilding & Marine Engineering for the construction of two LNG carriers, whose delivery is scheduled for June 2020.

Samsung Heavy Industries' shipyard.

South Korean shipbuilder Samsung Heavy Industries has called off a delayed drillship order, prompted by turbulent times and a plunge in oil prices.

Representatives of the parties at the signing ceremony.

The orders, the value of which has not been revealed, are thought to be the first ro-pax vessel orders to be placed with a Chinese yard by Italian owners.

Key performance indicators

The HOLISHIP project has introduced a performance assessment tool to give the best solutions for ship design

STX O&S shipyard.

Troubled shipbuilders STX Offshore & Shipbuilding and Sungdong Shipbuilding & Marine Engineering have maintained their stance on further job eliminations amid their restructuring initiatives.

2008-built Supramax bulker Albion

Thailand’s Thoresen Shipping has bought and taken delivery of secondhand bulk carriers as it prepares for a potential market upturn.