Ship For Sale

Image Credit: Seatrade Maritime News Repost: The number of LNG-fuelled car carriers across the globe will increase tenfold in the coming years, and shipowners are increasingly turning to Svanehøj’s patented deepwell fuel pumps. Robustness of design, reliability, and long service intervals are the main reasons. In recent years, car manufacturers …

Image Credit: The Maritime Executive Repost: Troubles are continuing to mount for South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering. In the last development, the company reported in a stock exchange filing that it is facing a legal dispute with Japan’s INPEX. The energy company has filed a claim for …

Image Credits: The Maritime Executive Repost: China’s Guangzhou Shipyard recently completed the delivery of the 158,000 dwt tanker Greenway to Singapore-based Eastern Pacific Shipping, marking several important milestones in the efforts to deploy next-generation greener vessels. According to the shipyard, the vessel, which is the first Suezmax built by Guangzhou, is also …

The lockdowns have devastated shipyards, and increased activity were observed outside of the country The current situation in China resulted in shipowners preferring secondhand vessels. Allied Shipbroking in their latest findings revealed Shanghai’s lockdown resulted in vessel maintenance works flowing outside of the republic. More activity outside of China It …

While the republic scored well in acquiring newbuilding orders, it has a manpower crunch to deal with Korea announced it is welcoming foreigners to the shipyards to fill the labour shortfall. The country has been in an intense shipbuilding race with formidable China. If Korea fails in its mission to …

Shipbuilding competition between China and Korea will only get more intense Competition among both China and Korea is supremely tough for newbuildings. While China is actively taking orders, it has the capacity to undertake the projects – unlike its rival who is frantically gathering manpower to address the load, including …

If Korea wishes to address its manpower issue in the yards, the recovery needs to begin from within It is heartening to witness Korea manning up to having a hand in their manpower shortage, according to a media outlet. Business Korea acknowledged in a commentary, “The shipbuilders are supposed to …

Is Korea’s opening its doors to foreign hires for their shipbuilding sector a lasting solution? In a mission to address the manpower crunch due to their own doing, Korea is now open to having foreign workers at their shipyards to fulfil the list of newbuilding orders. However, how much assurance …

Korean shipbuilders are battling labour shortage despite robust orders  In spite of a fat list of newbuilding orders, Daewoo Shipbuilding & Marine Engineering Company (DSME) is one shipbuilder struggling with labour shortage. It lost some 300 workers to Hyundai Heavy Industries Holdings (HHIH), which was said to offer higher salaries. …

The Korean shipbuilder may be enhancing its value to make it more difficult to acquire The Korean Register (KR) signed a memorandum of understanding (MOU) with Daewoo Shipbuilding & Marine Engineering Company Ltd (DSME) to jointly research the development of Maritime Autonomous Surface Ships (MASS) technology. This came shortly after …