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  • April 18, 2014
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  1. China Shipbuilding to list equipment units

    Posted Jul 25th 2009, 12:00am by Charlotte So

    ... Charlotte So China Shipbuilding Industry Corp, the mainland's second-largest shipbuilder, said yesterday it would spin off its ship equipment divisions in the A-share market. The firm ... with the spin-off despite a slump in demand in the shipping industry. China Shipbuilding's equipment divisions make diesel engines, deck machinery for civilian vessels and missile-launchers ...

    http://www.scmp.com/article/687879/china-shipbuilding-list-equipment-units
  2. Business - China Business - SHIPPING

    Surging orders give shipbuilders hope

    Posted Jan 11th 2014, 01:21am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Mainland builders see pick-up in dry bulk demand, boosting chances of a brighter 2014 Surging orders give shipbuilders hope Embattled mainland shipbuilders see some cheer this year as new orders on dry bulk vessels jumped in the fourth quarter, spurred in part by a rebound in freight rates and the prospect of economic expansion this year. New ...

    http://www.scmp.com/business/china-business/article/1402654/surging-orders-give-shipbuilders-hope
  3. News - World - CANADA

    Engineer charged with passing Canadian shipbuilding secrets to China

    Posted Dec 02nd 2013, 10:51pm by Bloomberg

    ... shipbuilding strategy to China's government. The man, identified as Qing Quentin Huang, 53, is an engineer with Lloyd's Register Canada, which was sub-contracted by Irving, Canada's largest shipbuilder, for design consultation. RCMP Chief Superintendent Jennifer Strachan said: "On Thursday the RCMP was informed that the accused was taking steps to pass on information ...

    http://www.scmp.com/news/world/article/1371338/engineer-charged-passing-canadian-shipbuilding-secrets-china
  4. Business - Banking & Finance - LOGISTICS

    Chinese shipyards leave banks holding bag for late projects

    Posted Apr 08th 2014, 01:08am by Reuters

    ... Reuters in Shanghai Chinese shipbuilders' refusal to pay refunds on late projects creates legal problems for lenders Shipyards leave banks out of pocket Chinese banks are stuck in a lose-lose legal battle between domestic shipyards and foreign buyers over billions of dollars in refund guarantees that are supposed to be paid out if shipbuilders fail to deliver on time. One ...

    http://www.scmp.com/business/banking-finance/article/1467929/chinese-shipyards-leave-banks-holding-bag-late-projects
  5. Business - Companies

    Singapore yards benefit from China shipbuilding woes

    Posted Jul 18th 2013, 11:18am by Reuters

    ... Beijing pledged to cut credit to industries plagued with overcapacity, and China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, fell into financial trouble. ... as their traditional shipbuilding businesses have slowed, and are on their way to win more orders for jackup rigs than Singapore’s yards for a second year in a row. Rongsheng mainly builds dry bulk carriers ...

    http://www.scmp.com/business/companies/article/1285253/singapore-yards-benefit-china-shipbuilding-woes
  6. Business - Companies

    Is struggling shipbuilder China Rongsheng too big to fail?

    Posted Jul 08th 2013, 01:37pm by Reuters

    ... Reuters in Hong Kong and Beijing An appeal for government financial support from China’s biggest private shipbuilder presents authorities with some stark choices between protecting a big ... to support, which will exclude the small, private shipbuilders that have been folding in waves. “Rongsheng is a flagship in the industry,” said Lawrence Li, an analyst with UOB Kay Hian in Shanghai. ...

    http://www.scmp.com/business/companies/article/1277887/struggling-shipbuilder-china-rongsheng-too-big-fail
  7. Varde decks shipbuilding industry with equipment from mainland

    Posted Mar 05th 2013, 03:12pm by Krystin Chu and Chan Chee Chiu

    ... doors and other products are priced competitively, delivered on time and always in stock. Despite the time-sensitive nature of the shipbuilding industry, Varde assures its clients of a steady ...

    http://www.scmp.com/article/1179518/varde-decks-shipbuilding-industry-equipment-mainland
  8. News - Hong Kong - FERRY DISASTER INQUIRY

    'Lamma IV's seats were secure, missing door never meant to be there': Shipbuilder

    Posted Jan 19th 2013, 12:00am by Simpson Cheung

    ... withstand collision]. This is not a requirement." The veteran shipbuilder said seats were usually secured by screws to a fibreglass deck with bedding compounds to prevent water from seeping ...

    http://www.scmp.com/news/hong-kong/article/1131210/lamma-ivs-seats-were-secure-missing-door-never-meant-be-there
  9. Energy efficient pumps for the shipbuilding industry

    Posted Oct 17th 2012, 10:27am by Synergy Media Specialists

    ... Synergy Media Specialists Industry Reports by Synergy Media Specialists The Chinese maritime sector is starting to take notice of Grundfos, a global pump manufacturer. The company is pioneering solutions to cut energy on marine vessels. "Grundfos is ...

    http://www.scmp.com/article/1063055/energy-efficient-pumps-shipbuilding-industry
  10. Mainland shipbuilders on consolidation course

    Posted Apr 25th 2012, 12:00am

    ... Keith Wallis in Singapore keith.wallis@scmp.com The mainland's shipbuilding sector is set to consolidate as state-owned shipyards take over smaller privately owned operators ... after new shipbuilding orders dried up in the wake of the slump in the shipping market that started in 2008. He said other yards were also facing cash-flow problems as they completed existing ...

    http://www.scmp.com/article/999207/mainland-shipbuilders-consolidation-course

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