• Fri
  • Sep 19, 2014
  • Updated: 6:43pm


Sinking orders for China's shipyards

China's shipbuilding industry is heading for its worst year for new orders won in the decade or so since the mainland shipping boom began, according to industry figures.

Tuesday, 24 July, 2012, 12:00am

Mainland shipbuilders on consolidation course

The mainland's shipbuilding sector is set to consolidate as state-owned shipyards take over smaller privately owned operators in the face of overcapacity and a dearth of new orders, a senior Hong Kong banker said.

25 Apr 2012 - 12:00am

Mainland shipyards on course to consolidate

Mainland shipyards are set to consolidate as declining orders coupled with tighter credit controls make it harder for smaller shipyards to compete with their larger rivals.

3 Oct 2011 - 12:00am

Dockyard eyes big ships with expansion plan

Hongkong United Dockyards is seeking to double the size of its dry dock complex at Tsing Yi with the addition of a second floating ship repair dock capable of handling the largest container ships afloat.

6 Apr 2011 - 12:00am

Shipyards say stimulus doesn't go far enough

Beijing released further information on its stimulus package for the shipbuilding industry yesterday, but shipyards claimed the measures were vague and did not do enough to address problems in the industry.

5 Jun 2009 - 12:00am

Shipyards reel as steel prices and yuan soar

Mainland shipyards will have to brave rough seas to maintain profitability in light of rising steel prices and a stronger yuan. And that is despite having turned shipbuilding into the country's 12th-largest industry in value by exporting US$11.94 billion worth of vessels last year, up 49 per cent from the year before.

11 Feb 2008 - 12:00am

Owners hand over Disney site shipyard

A shipyard near the site for the Disneyland project on Lantau Island has been handed over to the Government after the operator pocketed about $1.5 billion in compensation.

5 Apr 2001 - 12:00am

Shipyard area cleared

Lands Department staff cleared an area at North Tsing Yi Shipyards to make way for community facilities. Eighteen shipyards and 15 workshops and businesses were affected.

2 Jun 2000 - 12:00am

Tsing Yi shipyards hold out on moves

To date, 14 north Tsing Yi shipyards still have not accepted the Government's offer of new yard sites to be granted under private treaty, according to a government spokesman.

Acting Secretary for Planning, Environment and Lands, Patrick Lau, said the Government hoped the shipyards would make an early decision on the offer.

16 Dec 1998 - 12:00am

Shipyards move threatens 3,000 jobs, owners claim

Thousands of jobs will be lost if shipyards on Tsing Yi Island are forced to move, owners claimed yesterday.

Representatives of 14 shipyards will complain to the Ombudsman today about a Housing Department directive to move by the end of next month.

1 Sep 1998 - 12:00am