Merger of Yards in South Korea, China Will Control Global Shipbuilding

Mega shipyard mergers in South Korea and China are forging a new reality in the industrial sector that underpins the global shipping industry.

GMS: Tankers to Return to Pakistani Yards from Next Month?

Pakistan’s Gadani yards could start receiving tankers, with more stringent requirements, from next month, GMS, a cash buyer of ships for recycling cited market rumors.

Will Chinese yards steal Keppel’s ship conversion deals?

Keppel Corporation faces stiff competition from Chinese shipyards when it comes to winning FLNG conversion...

Leading 51 China yards take 96.5% of new orders in first five months

Fifty-one leading Chinese shipyards, mostly subsidiaries of the two state-owned shipbuilders China Shipbuilding...

Creditors of Korea’s big three yards press for restructuring moves

South Korea’s big three shipyards have been urged by their creditors to carry out their respective...

China yards see new orders slump 75% in first two months of 2016

Newbuilding orders at China’s shipyards have continued to shrink in the first two months of 2016 as the...

Top 10 Chinese yards take 71% of China’s new orders in 2015

Chinese shipyards have concluded a tough year in 2015 with significantly reduced new orders, which have also been increasingly concentrated in the hands of fewer shipbuilders. ...