Shipbuilding and Repair Industry: Market Research Report

Date: January 1, 2012
Pages: 281
Price:
US$ 1,450.00
Publisher: Global Industry Analysts, Inc
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: S935B6695E9EN
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Shipbuilding and Repair Industry: Market Research Report
The global outlook series on Shipbuilding and Repair Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings.

The report offers a bird’s eye view of the industry, highlights latest market trends, and demand drivers, in addition to providing statistical insights into the current global shipbuilding and repair industry.

Discussion on the industry’s most noteworthy regional markets, South Korea, Japan, and China, are amply detailed with unbiased research commentary and punctuated with 93 information rich market data tables designed to provide the reader a rudimentary understanding of the prevailing market climate.

Other markets briefly synopsized to offer the reader a prelude to regional dynamics, include Vietnam, Singapore, Malaysia, Australia, Europe, United States, South Africa, Bangladesh, Brazil, Greece, Taiwan, Philippines, Canada, and the Middle East.

Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 350 companies active in the market.
1. MARKET OUTLOOK

Global Shipbuilding Industry Cruising Ahead, Post Recession

Table 1. World New Shipbuilding Order Receipts by Country: 2004-2010 (In Terms of Number of Ships)
Table 2. Market Share Mix of World New Shipbuilding Order Receipts by Country: 2004, 2006, 2008 & 2010 (in Terms of Number of Ships)
Table 3. World New Shipbuilding Order Receipts by Country: 2004-2010 (In Terms of Gross Tonnage)
Table 4. Market Share Mix of World New Shipbuilding Order Receipts by Country: 2004, 2006, 2008 & 2010 (in Terms of Gross Tonnage)
Table 5. Global New Shipbuilding Orders by Ship Type (2011): Percentage Breakdown of New Orders for Containerships, Bulk Carriers, LNG Carriers and Tankers
Table 6. World New Shipbuilding Orderbook Status by Country: 2004-2010 (in Terms of Number of Ships)
Table 7. Market Share Mix of World Shipbuilding Orderbook Status by Country: 2004, 2007 & 2010 (in Terms of Number of Ships)
Table 8. World Shipbuilding Orderbook Status by Country: 2004-2010 (In Gross Tonnage)
Table 9. Market Share Mix of World Shipbuilding Orderbook Status by Country: 2004, 2007 & 2010 (in Terms of Gross Tonnage)

Shipbuilding Industry on the Recovery Path, Overcapacity Persists
Major Global Shipyards

Table 10. Leading Global Shipyards by Order Book in Number of Ships: 2009
Table 11. Leading Global Shipyards by Order Book in ‘000CGT: 2009

2. MARKET DYNAMICS

Shipbuilding Industry Dynamics – A Gauge for Global Seaborne Trade
Recent Market Trends – A Regional Perspective
China and Korea Compete for Global Dominance

Table 12. A Comparison of New Shipbuilding Orders for Korea and China: 2004-2011
Table 13. Cost Competitiveness of Chinese and Korean Shipbuilding Industries

Shipbuilders Race for Patents As Competition Intensifies
Multiple Factors Behind the Flurry of Patents
Korea Reemerges as World Leader in Shipbuilding

Table 14. World New Shipbuilding Orders for Container Vessels in Volume Terms (TEU): 2008-2011
Table 15. World New Shipbuilding Orders for Tankers in Volume Terms (DWT): 2008-2011
Table 16. World New Shipbuilding Orders for Bulk Carriers in Volume Terms (DWT): 2008-2011

Korean Shipbuilders Dominate Mega-Size Containership Segment
Korea Outshines China in Tonnage Contracts

Table 17. A Comparison of New Shipbuilding Order Intake in 2011 (1st Half) Across Korea, China and Japan

China Stills Leads in Number of Ships Built
Developing Nations Foray Into the Shipbuilding League

Table 18. India, Philippines, Brazil, and Vietnam Witness Increasing Shipbuilding Orders

Shipping Companies Eye Investments in Shipyards
Arabian Gulf Remains Most Resilient to the Financial Crisis
Trends in the Global Shibuilding and Repair Industry: A Segmental Perspective

Table 19. Global New Shipbuilding Orders by Type of Ship (2011): Percentage Breakdown of New Orders for Containerships, Bulk Carriers, LNG Carriers and Tankers
Table 20. World Merchant Fleet by Ship Type in Terms of Number of Ships: 2000-2009
Table 21. World Merchant Fleet by Ship Type in Volume Terms (Million GT): 2000-2009

Large Vessels Gain Immense Popularity
Orders for Container Ships Keep Shipyards Busy
Limited Orders Force Small-Ship Builders to Restructure
Bulk Shipping Continues to Show Lethargy
Bigger and Sophisticated Ships – A New Trend
Supportive Environment Puts Containerships Ahead of Bulkers
Mega-Size Ships to Dominate Container Ship Demand
The Rising Emphasis on Green Shipping
Growth in Offshore Segment to Gain Momentum
OSV Segment Battles Excess Capacity Woes
Industry Requires High Growth in Demand to Absorb Idling Capacity
Deepwater Activity Holds Potential in the Medium to Long Term
The Road Ahead for Shipbuilding
Diversification is the New In-Thing
Tanker Market Bodes Brighter Prospects
Issues Galore – Both Positive and Negative

Table 22. World Order Book for Tankers by Segment in Terms of Number of Ships:2011
Table 23. World Order Book for Tankers by Segment in Volume Terms (DWT): 2011
Table 24. World Order Book for Bulk Carriers by Segment in Terms of Number of Ships: 2011
Table 25. World Order Book for Bulk Carriers by Segment in Volume Terms (DWT): 2011
Table 26. World Order Book for Container Vessels by Segment in Terms of Number of Ships: 2011
Table 27. World Order Book for Container Vessels by Segment in Volume Terms (TEU): 2011
Table 28. World New Shipbuilding Order Market Shares by Ship Type in Volume Terms (DWT): 2010
Table 29. Global Drill Ship Market by Company (2010): Percentage Breakdown of New Orders for Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries, STX, Keppel, and Cosco Dalian

Other Trends
Ship Breaking and Scrapping Industry
Concerns Faced by the Ship Scrapping Industry

3. THE IMPACT GLOBAL ECONOMIC RECESSION HAD ON THE SHIPBUILDING INDUSTRY – AN INSIGHT

Recession Scars the Global Shipbuilding and Repair Industry
Leading Regional Markets Succumb to Recession
Global Credits Crunch Worsened the Impact of Economic Slowdown
Order Cancellations – Instrumental for “Correction” in the Market
Impact of the Economic Slowdown: Analysis by End Use Segments
Container Shipping Companies – The Worst Hit of the Lot
High Optimism – A Key Factor Having Led to the Market Downfall
Tanker Market
Tanker Market Plunged in Crisis, Albeit to a Lesser Extent
Dry Bulk Shipping Market
Bulk Rate Reprisal - A Passing Cloud
Companies Jarred with Market Slump
Steel Plate Prices

4. INDUSTRY OVERVIEW

Global Shipbuilding Industry – A Spotlight
What Drives Demand for New Ships?
Historical Development of Global Shipbuilding Industry

2000 TO 2007, THE PERIOD OF UPSWING IN THE GLOBAL SHIPBUILDING INDUSTRY

Increasing World Trade – Key Driver of Growth
New Regulations Spurred Fleet Replacement
Container Vessels, and Product and Bulk Carriers Led the Demand Growth
Asia Leads the Shipbuilding Industry

Table 30. World Shipbuilding Completions by Country: 2004-2010 (in Terms of Number of Ships)
Table 31. Market Share Mix of World Shipbuilding Completions by Country: 2004, 2006, 2008 & 2010 (in Terms of Number of Ships)
Table 32. World Shipbuilding Completions by Country: 2004-2010 (in Gross Tonnage)
Table 33. Market Share Mix of World Shipbuilding Completions by Country: 2004, 2006, 2008 & 2010 (in Terms of Gross Tonnage)
Table 34. World Shipbuilding Completions by Ship Type: 2004-2009 (In Terms of Number of Ships)
Table 35. World Shipbuilding Completions by Ship Type (A Historic Perspective): 1994-2003 (In Terms of Number of Ships)
Table 36. World Shipbuilding Completions by Ship Type: 2004-2009 (In Gross Tonnage)
Table 37. World Shipbuilding Completions by Ship Type (A Historic Perspective): 1994-2003 (In Gross Tonnage)

5. GLOBAL MILITARY SHIPBUILDING SECTOR: AN OVERVIEW

United States
China
Russia
Asia
Japan
Other Major Markets

6. SHIPBUILDING: A BRIEF ON VARIOUS SHIP TYPES

Market Segmentation
Bulk Cargo Carriers
Dry Bulk Carriers
Types of Bulk Carriers by Size
Tankers
Types of Tanker Ships by Size
Container Vessels
Types of Container Vessels by Size (in Twenty-foot Equivalent Unit (TEU)
Other Cargo Ships
LPG Tanker
Chemical Tanker
RORO (roll on roll off)
Ferry
Niche Category
LNG Carriers
Cruise
Small Ships
Measurement Units
Gross Tonnage
Dead Weight Tonnage (DWT)
Compensated Gross Tonnage
TEU (Twenty-foot Equivalent Unit)

7. M&A ACTIVITY IN THE SHIPBUILDING INDUSTRY

Hilco and Maynards Acquire OSS(Denmark/Germany/UK)
Vigor Industrial Snaps Up Todd Shipyards (US)
SPP Plants & Shipbuilding Merges into SPP Shipbuilding (South Korea)
STX Europe to Divest Stake in STX OSV (Singapore)
Vilmaris Acquires Container Vessel from TCSHI (Germany)
Northrop Grumman to Spin Off HHI to Shareholders (US)
Vigor Industrial Acquires Todd Shipyards (US)
Yangzijiang Shipbuilding Takes Over Jiangsu Zhongzhou (China)
BAE Systems Snaps Up Atlantic Marine (UK/US)
USC and STX Finland Take Over Arctech Helsinki Shipyard (Finland/Russia)
Daewoo Shipbuilding Buys Stake in Paenal (Angola)
United Shipbuilding Acquires Stake in STX Europe (Europe)
Bharati Shipyard to Take Over Equity Stake in Temba Shipyard (India)
DCNS and United Shipbuilding to Establish Joint Venture (France/Russia)
European Commission Authorizes Merger of Abu Dhabi MAR with ThyssenKrupp Marine Systems (Europe)
NGV Tech to Take Over Stake in TKS (Malaysia/South Korea)
Kakinada Seaports and Sembawang Shipyard to Form Joint Venture (India)
Grand China Logistics to Take Over Interests in Zhoushan Jihaiwan Shipyard (China)
Mitsubishi Heavy Industries Inks Takeover Agreement with Maintenance Partners (Belgium)
VT Group to Divest Interests in BVT Surface Fleet (England)
China International Marine Containers Acquires Stake in Yantai Raffles
POSCO to Acquire Daewoo Shipbuilding & Marine Engineering
Marathon Merges with Global Ship Lease
FLC West Acquires Stake in Three Shipyards of Aker Yards
The Carlyle Group Acquires Stake in TVK Shipyard
Kellet & Singleton Investments Acquires Stake in Scan-Trans Middle East & South Asia Holding
Wartsila Takes Over Vik-Sandvik
Samsung Heavy Industries Buys Stake in Estaleiro Atlantico Sul
French Government Acquires Stake in Chantiers de l’Atlantique de Saint-Nazaire Shipyards
Crowley Maritime Acquires Jensen Maritime Consultants
IHI Corp and JFE Holdings to Merge Shipbuilding Units
Todd Shipyards Acquires Everette Shipyard
JFE Holdings to Acquire Additional Stake in Universal Shipbuilding
Private Equity Companies Acquire Stake in Pipavav Shipyard
Northrop Grumman to Merge Shipbuilding Divisions
Shanghai Waigaoqiao Shipbuilding to Acquire Stake in Jiangnan Changxing Shipbuilding Base
Martifer Energy Systems Purchases Navalria
Damen Acquires Stake in Albwardy Marine Engineering
OJSC Kherson Shipyard to Purchase Stake in Black Sea Shipyard
Wonson International Holdings to Acquire Jianxi Jianzhou Shipyard
SembCorp Marine to Purchase Stake in Pipavav Shipyard
STX Shipbuilding Acquires Stake in Aker Yards
ISD Polska to Purchase Stake in Gdansk Shipyard
American Commercial Lines Purchases Elliott Bay Design Group
Titan Petrochemicals to Purchase Titan Oil’s Shipyard
Swiber Purchases North Shipyard
BLRT Group Buys Turku Repair Yard
ABG Shipyard to Purchase Vipul Shipyard
Pipavav Shipyard to Purchase a Major Stake in Trinity Capital
BAE Systems and VT Group to Merge Shipyards
Modec Purchases Floating System Business of FMC Technologies
SGS Buys SRS Tech
TECO Coating Services Purchases Stake in Davie Shipyard
Foss Maritime Acquires Harbor Marine Group
Integra to Acquire JSC
J. F Lehman & Company Takes Over Atlantic Marine Holding Company
Aker Yards Acquires Kleven Design and Kleven Floro
Mitsui Meehanite Metal to Merge with Sanzo Metal
Litana ir Ko Purchases a Ship Repair Yard in Kaliningrad

A REGIONAL MARKET PERSPECTIVE

1. SOUTH KOREA – THE WORLD’S LARGEST SHIPBUILDING MARKET

Korea Climbs to the Top in the World Shipbuilding Industry, Again

Table 38. South Korean New Shipbuilding Orders, Order Book, and Completions In Terms of Number of Ships: 2004-2010
Table 39. South Korean New Shipbuilding Orders, Order Book, and Completions in Volume Terms: 2004-2010

Strong First Half Performance Reinstates Korea’s Global Dominance

Table 40. New Shipbuilding Order Intake in 2011 (1st Half): Korea Vs. China

Container and High Value Ships Bring Back the Lost Glory

Table 41. Korean New Shipbuilding Orderbook Status by Ship Type in Terms of Number of Ships: 2010
Table 42. Korean New Shipbuilding Orderbook Status by Ship Type in Volume Terms (GT): 2010
Table 43. Korean New Shipbuilding Order Book by Domicile of Ship Owners in Volume Terms (GT): 2010

Technological Edge to Enable Korea Sweep Drill Ship Contracts
Korean Shipbuilding Industry Enjoys Strong Growth
Historic Development of the South Korean Shipbuilding Industry
Korean Shipbuilding Industry Witnesses Substantial Restructuring
Korean Shipbuilding Industry Accentuates on Mutual Support among Shipyard Operators
Competition
Samsung Spearheads New-Order Momentum

Table 44. New Shipbuilding Orders for Leading Korean Shipbuilders in US$ Billion Through First Half 2011
Table 45. New Shipbuilding Orders for Leading Korean Shipbuilders in US$ Billion: 2007-2010

Volatile Steel Prices Curb Profitability
The Korean Big Three Overwhelmed with High LNG Carrier Demand

Table 46. World LNG Carrier Orderbook by Country (2011): Market Share Breakdown of Orderbook Status for Korea, China, Japan and Germany
Table 47. Global LNG Carrier Market by Company (2011): Market Share Breakdown of Orderbook Status for Samsung Heavy Industries, Daewoo Shipbuilding & Marine, Engineering, Hudong Zhonghua, Dingheng Jiangsu, Taizhou Wuzhou and Others

2. CHINA – A MAJOR POWER TO RECKON WITH IN SHIPBUILDING INDUSTRY

Chinese Shipbuilding Industry Surmounts Recessionary Woes

Table 48. Chinese New Shipbuilding Orders, Order Book and Completions in Terms of Number of Ships: 2004-2010
Table 49. Chinese New Shipbuilding Orders, Order Book and Completions in Volume Terms: 2004-2010
Table 50. Shipbuilding Industry Fact file (China Vs. Global) – 2009 & 2010

China’s Rapid Ascend in the Global Shipbuilding Industry
Chinese Reliance on Bulk Carriers Continues

Table 51. Chinese New Shipbuilding Order Book by Ship Type in Terms of Number of Ships: 2010
Table 52. Chinese New Shipbuilding Order Book by Ship Type in Volume Terms (GT): 2010
Table 53. Chinese New Shipbuilding Order Book by Domicile of Ship Owners in Volume Terms (GT): 2010

Market Situation in China Favors Further Growth
Stimulus Package to Aid Long-Term Sustenance of the Industry
Need to Restructure Shipbuilding Capabilities
Chinese Shipbuilding Industry Eyes Growth Through Technology Advancements
High Reliance on Traditional Ship Types Impeding Growth
Chinese Ship Building: A Segment-wise Overview
Chinese Bulk Carriers Segment Surges Ahead
Evolution of the Chinese Shipbuilding Industry
An Overview
China State Shipbuilding Corporation (CSSC): China’s Largest Shipbuilding SOE
CSSC: Select Businesses

Table 54. CSSC Annual Revenue by Business Area (2009)

Structural Re-organization of CSSC, Formation of CSIC
China Shipbuilding Industry Corporation (CSIC)
CSIC: Major Businesses
Major Competitive Advantages

Table 55. Average Cost of Labor at Ship Yards by Country
Table 56. Leading Chinese Shipbuilding Companies by Capacity (In Thousand DWT) (2009)

Threats
Tanker Shipbuilding Sector in China
Action Plan for the Chinese Shipbuilding Industry
The Chinese Ship Repairing Industry
Impact of Recession
Outlook
Chinese Ship Repairing Industry Fact file – 2008
Opportunities
Deadline for the Monoshell Oil Tankers: A boost for the Ship Repairing Industry
Marine Engineering Vessels: An Emerging Segment
Threats
The Financial Crises Bug

3. JAPAN - THE ERSTWHILE LEADER IN SHIPBUILDING INDUSTRY

Japanese Order Book Remains Relatively Strong Amid Global Meltdown

Table 57. Japanese New Shipbuilding Orders, Order Book and Completions: 2004-2010 (In Terms of Number of Ships)
Table 58. Japanese New Shipbuilding Orders, Order Book and Completions: 2004-2010 (in Volume Terms)
Table 59. Japanese New Shipbuilding Order Book by Ship Type in Terms of Number of Ships: 2010
Table 60. Japanese New Shipbuilding Order Book by Ship Type in Volume Terms (GT): 2010
Table 61. Japanese New Shipbuilding Order Book by Domicile of Ship Owners in Volume Terms (GT): 2010
Table 62. Japanese Export Orders by Ship Type (Number of Orders)
Table 63. Japanese Export Orders by Ship Type in Gross Tonnage (GT) (2009-2011)

New Shipbuilding Orders Yet to Reach Pre-recessionary Levels
Japanese Players Embarked Technology Upgrades

4. INDIA

Table 64. Indian New Shipbuilding Orders and Orderbook Status- 2004-2010

Structure of the Indian Shipbuilding Industry

Table 65. Select Indian Shipbuilding Yards by Capacity (in DWT): 2008

Growth Prospects Aplenty for the Indian Ship Building Industry
Exports Capture Major Share

Table 66. Indian Domestic and Export Orders by Ship Segment – 2009

Indian Government Plans to Restructure Ship Repair Industry
Factors Favoring the Growth of Indian Shipbuilding Industry
Strong Government Backing Augurs High Growth
Lower Labor Cost – A Strategic Advantage for India
Earlier Time Slots - Providing Competitive Edge
Older Fleet to Drive Growth in Domestic Market
Expertise in OSV – Reaping High Returns
Foray into Production of Large Vessels - Essential for Enhancing Competitiveness
Productivity At Par With China

Table 67. Comparison of Indian and Chinese Shipbuilding Sectors

Factors Limiting Market Growth
Shortage of Deep Draft Water Space – A Major Bottleneck to the Industry
Need for Improvement in the Indian Shipbuilding Industry

5. VIETNAM

Shipbuilding Industry in Vietnam on the Verge of Recovery Post Recession

Table 68. Vietnam Orderbook Status (2004-2010)

Inherent Drawbacks Hinder Growth Potential

6. SINGAPORE

Singapore Remains the Leading Global Maritime Center Despite of Recession
Hydrocarbon Related Shipping Continues to Drive Singaporean Shipping Industry

Table 69. Singapore Shipbuilding Orderbook Status, Shipbuilding Completions (2004-2010)

7. MALAYSIA

8. AUSTRALIA

Superior Technology and Novelty in Design Driving the Industry
Focus on Niche Segments Offers Huge Export Potential

9. EUROPE

Influence of the Global Recession on the European Shipbuilding Industry
Europe Struggles to Reach Saturation in Terms of New Orders
European Shipbuilding Industry: A Former Hub for Global Shipbuilding
Leading Shipyards in Europe
Europe Sustains Dominance in Select Specialized Market Segments
Europe Leads the Global Cruise Ship Construction Sector
High-Turnover Naval Shipbuilding Industry
The European SMRC Sector: A Recent Past Perspective

Table 70. European New Shipbuilding Order Receipts by Country in Terms of Number of Ships: 2004-2010
Table 71. European New Shipbuilding Order Receipts by Country in Volume Terms (GT): 2004-2010
Table 72. European New Shipbuilding Order Book by Country in Terms of Number of Ships: 2004-2010
Table 73. European Shipbuilding Order Book by Country in Volume Terms (GT): 2004-2010
Table 74. European Shipbuilding Completions by Country in Terms of Number of Ships: 2004-2010
Table 75. European Shipbuilding Completions by Country in Volume Terms (GT): 2004-2010
Table 76. European Cruise vessel Orders Scheduled - 2011-2014

10. GERMANY

German Shipbuilding on the Verge of Recovery Post-Recession
German Market Losing Out to Asian Counterparts in Traditional Ship Sectors
Germany Holds Supremacy in Military Shipbuilding Sector

Table 77. German New Shipbuilding Orders and Shipbuilding Completions by Number of Ships: 2004-2010
Table 78. German New Shipbuilding Orders, Order Book and Completions in Volume Terms: 2004-2010

Challenges Facing Germany’s Shipbuilding Industry

11. RUSSIA

Russian Shipbuilding Industry to Experience Robust Growth until 2013 Driven by LNG Carrier Market
Shipbuilding: A Key Industry Driving Russian Economy
Russian Players Eye Industry Expansion through Association with Overseas Players
United Shipbuilding Corporation and Daewoo
Gazprom
Colossal Changes Imminent in Russia’s Shipbuilding Sector
Commercial Shipbuilding Yet to Gain Center Stage in Russia
Concerns in the Present Market Scenario
Russian Market Faced by Scarce Capacities
Elevated Taxes – Another Market Impediment
The USC Project: A Highly Prospective Initiative

12. CROATIA

Table 79. Croatian New Shipbuilding Orders, Orderbook Status, and Shipbuilding Completions by Volume (2004-2010)

13. IRELAND

Ireland’s Shipping Industry Set to Recover

14. POLAND

Privatization Spree of the State owned Yards
Flourishing Private Players

Table 80. Poland Orderbook Status (2004-2010)
Table 81. Poland Shipbuilding Completions by Number of Ships (2004-2010)

15. NORWAY

Table 82. Norway New Shipbuilding Orders by Number of Ships (2004-2010)

16. SPAIN

Table 83. Spanish New Shipbuilding Orders and Orderbook Status by Number of Ships (2004-2010)
Table 84. Spanish Shipbuilding Completions (2004-2010)

17. ITALY

Table 85. Italian New Shipbuilding Orders, Orderbook Status by Volume (2004-2010)
Table 86. Italian Shipbuilding Completions (2004-2010)

18. TURKEY

Table 87. Turkish Shipbuilding Fact File – 2007

Market Scenario

Table 88. Turkey New Shipbuilding Orders by Number of Ships (2004-2010)

Exports

19. ROMANIA

20. UNITED KINGDOM

21. UKRAINE

22. UNITED STATES

US Shipbuilding Industry Starts on a Positive Note in 2011
Order Delivery of New Vessel Moves at a Sluggish Pace
An Account of US’ Leading Shipbuilding Firms
Northrop Grumman
General Dynamics
The US Shipbuilding and Repair Industry
Opportunities
Threat

23. BANGLADESH

24. BRAZIL

Petrobras Instrumental in Providing a Major Thrust to Brazilian Shipbuilding Industry

Table 89. Brazilian New Shipbuilding Orders and Orderbook Status by Number of Ships (2004-2010)
Table 90. Brazilian New Shipbuilding Orders by Volume (2004-2010)

25. GREECE

26. TAIWAN

Taiwan’s Ship Building Market Remains Sluggish After Recession

Table 91. Singapore New Shipbuilding Orderbook, Orderbook Status, and Shipbuilding Completions by Volume (2004-2010)

27. PHILIPPINES

Geographical Advantages
Trends and Market Opportunities

Table 92. Philippines New Shipbuilding Orderbook Status (2004-2010)

28. SOUTH AFRICA

South African Shipbuilding Industry Stormed by Recession and Multiple other Factors

29. CANADA

What Gives Canadian Shipbuilding and Repair Industry a Competitive Edge?
Industry Structure
Canadian Shipbuilding Industry: A Prelude
Canada Shipbuilding: In Retrospection
An overview of employment size categories for the Canadian shipbuilding and ship-repairing industry:

Table 93. Number of Employer Establishments in Canada by Employment Size Category and Region: December 2009

Strategic Initiative by the Canadian Government to Augur Well for the Shipbuilding Industry
Federal Government Initiatives to Boost Canadian Shipbuilding Industry

30. MIDDLE EAST

Shipbuilding and Repair Industry in the Middle East Continues to Surge Unaffected by Recession
Select Shipyards in the Middle East

31. RECENT INDUSTRY ACTIVITY

ABG Shipyard Obtains Defense Order for Two Naval Cadet Ships
Colombo Dockyard PLC Builds Passenger Vessel for the Indian Government
DSME set to be the Industry Leading Shipbuilder having built the Largest Floating Dock in the World
Keppel Shipyard Bags Contract from Repeat Customers in the US
General Dynamics Electric Boat Bags Modification Contract from the U. S. Navy
Everett Shipyard Bags Contract from the U. S. Navy
Aker Philadelphia Shipyard Delivers New Vessel to American Shipping Company
Mitsui Engineering & Shipbuilding Delivers Crude Oil Tanker to Fratelli d’Amico Armatori
SHI Bags the First LNG-FPSO Order From FLEX LNG
Gidropribor Research Institute Introduces Shagala
Mitsui Engineering & Shipbuilding Signs Supply Agreement with Port of Tanjung Pelepas
Kherson Shipyard Delivers the First TIOLI Type River Tanker to Veka Shipbuilding
Navios Maritime Inks Agreement to Acquire Two Capsize New Building Vessels
BAE Systems San Diego Ship Repair Bags a New Contract
Climax Portable Machine Tools Unveils New Climax FF6100 Flange Facer
Uljanik Announces Plans to Construct Two Livestock Carriers
Daewoo Shipbuilding & Marine Engineering Rolls Out Two New Vessels
Atlantska Plovidba Receives Contract from a Greek Ship Owner
Odense Steel Shipyard to Divest Loksa Shipyard
Bender Shipbuilding & Repair Bags Contract from the US Army
Tailwind Financial Plans to Acquire Dry Bulk Vessels
Rolls-Royce Inks Agreement with Abu Dhabi Ship Building
Daewoo Shipbuilding & Marine Engineering Bags Major Order
Todd Pacific Shipyards Wins Contract from the U. S. Navy
Kawasaki Introduces Eria Colossus Bulk Carrier
Shipping Corp. of India Inks Contract with STX Shipyard
Aker Yards and MSC Cruises Sign Contract
Keppel FELS Signs Contract with ENSCO International
Fincantieri to Acquire MMG from Manitowoc Company
Thyssen Krupp Marine Systems Sign Agreement with AVEVA
Wartsila-Hyundai Engine Obtains Order for 16 Dual Fuel Engines
Companhia Vale Signs Agreement with Rongsheng Shipbuilding
ASL Marine Holdings Incorporates New Subsidiaries in Singapore
ASL Project Services Changes Name
Vyborg Shipyard to Build New Shipbuilding Complex
Samsung Heavy Industries Bags Contract from Europe
Ha Long Shipbuilding Delivers Ship to Graig Group
Fugro and Sealion Shipping Receive Ship Repair Order
Kherson Shipyard Unveils the First Hull Vessel
Keppel Shipyard Signs Three New Contracts for Upgradation
Keppel Singmarine Secures Contract from Grup Servicii Petroliere
General Dynamics NASSCO Starts Building Third Product Carrier Ship
Standard Marine & Ship Repair Bags Contract
Jiuhua Shipbuilding Base to Commence Production
SPP Shipbuilding Signs Agreement with AVEVA
Abu Dhabi Ship Building Signs MoU with BVT Surface Fleet
Todd Pacific Shipyards Bags Contract from Glacier Fish Company
Rolls-Royce Bags Major Orders from Two Asian Shipbuilders
Qingdao Beihai Shipbuilding Inks Agreement with AVEVA
China Shipping to Divest Terminal Unit
Aker Yards Signs Contract with DOF
NASSCO Bags Contract from the U. S. Navy
Sembawang Shipyard Wins Contract
Kawasaki Shipbuilding Delivers LPG Carrier Summit River
General Dynamics NASSCO Receives a Modernization Contract from the US Navy
Song Thu Bags Ship Building Contract
Keppel FELS Receives Contract from Scorpion Offshore
Aker Solutions Receive Contract from Jurong Shipyard
Mitsubishi Heavy Industries Delivers Ship to Mitsui O. S. K. Lines
DSME Receives Orders from European and Asian Companies
Jurong Shipyard Signs Deal with Aker Contracting
Kawasaki Shipbuilding Delivers Energy Navigator
Colfax Bags VT Shipyard Pump Packages Contract
ABG Shipyard Bags Shipbuilding Contract from Sealion
Top 3 Players bag Contracts Worth US$2. 32 Billion
Daewoo Shipbuilding & Marine Engineering Develops Pre-swirl Stator
Daewoo Shipbuilding & Marine Engineering Unveils Two New Vessels
Mitsui Engineering & Shipbuilding Delivers M. T. “Yasa Golden Dardanelles
Rolls-Royce Establishes New Facility
McDermott International Forms JV with a unit of China Shipbuilding Industry
Genco Shipping & Trading to Acquire 6 Drybulk New Building
Todd Pacific Shipyards Receives Contract from U. S. Coast Guard
VT Group Enters into Joint Venture with BAE Systems
Rolls-Royce Secures Order from BGP Marine China
Daewoo Shipbuilding & Marine Engineering Obtains Order for 10 Ships
Mitsui Engineering & Shipbuilding Delivers M. V. “HONEST SPRING”
Apeejay Shipping to Establish Ship Repairing Facility and Building Yard
Daewoo Shipbuilding & Marine Engineering Launches New Drill-ship
Cochin Shipyard Delivers Five Platform Supply Ships
Keppel FELS Wins Contract for Semisubmersible Rig
Keppel FELS Obtains Contract from ENSCO International
Larsen & Toubro to Invest INR2, 500 Crore
Kawasaki Shipbuilding Launches Anna-Barbara Bulk Carrier
Nigeria Daewoo Shipping Introduces First Lifting
PennShip Services Starts a Ship-Repairing Yard in Philadelphia
Continental Forms Shipbuilding JV with Yizheng Jianghaiyang
Adana-Yumuralik Free Zone to House New Five Shipyards
Rousse Shipyard to Deliver Eighth Ship for Nimmrich & Prahm
Rolls-Royce Establishes New Marine Service Facility
MTG Dolphin Delivers First Vessel for Veka Shipbuilding
Bocimar International Sells Three Vessels to Genco
Bocimer International to Procure New Ship from Shanhaigun and Jinhaiwan
Odense Shipyard Rolls Out Marchen Maersk
Nantong COSCO Completes Shipbuilding Dock for Kawasaki
Keppel Singmarine Bags Specialized Shipbuilding Contracts
SCI to Form Joint Venture with ABG Shipyard
L&T and TNIDC to Establish New Port and Ship Building Facility
Kherson Shipyard Delivers Aries Warrior
DSME Rolls Out Two New Vessels
Daewoo Shipbuilding & Marine Engineering Receives New Drill Ship Order
Abu Dhabi Ship Building Bags Contract from UAE Coast Guard
BAE Systems Norfolk Ship Repair Bags Contract Modification
Northrop Grumman Shipbuilding Receives Contract from the US Navy
Rolls-Royce To Build a Polar Research Vessel for NIMR
General Dynamics NASSCO Unveils USNS Amelia Earhart (T-AKE 6)
China Shipping Group Signs Agreement with Baosteel Group and China State Shipbuilding
TTS Handling Systems Receives Contract from China Shipbuilding & Offshore International
Abu Dhabi Ship Building Enters into Strategic Alliance with AVEVA Marine
Beluga Shipping to Increase Fleet to 75 Ships
Kawasaki Shipbuilding Unveils Navios Armonia Bulk Carrier
STX Shipbuilding Bags Orders from European Shipping Companies
Shipping Corporation of India to Enter into Joint Venture with STX Shipbuilding Company
Rolls-Royce Signs MoU with Vinashin
ASL Shipyard Receives Contract from European Customers
Todd Pacific Shipyards Bags Contract from Military Sealift Fleet Support Command
Rolls-Royce Bags Contract from China Oilfield Services
Daewoo Shipbuilding & Marine Engineering Secures Contract from European Shipping Company
Kawasaki Shipbuilding Supplies Mochishio Submarine
Conrad Industries Signs a New Construction Contract
Aker Yards Receives Contract from Royal Arctic Line
DSME Secures New Orders from S. A. O. C.
Fincantieri Unveils Cruise Barcelona
Vinashin Soai Rap Commences Plants Construction
Fincantieri and Compagnie des Iles du Ponant (CMA CGM Group) Sign Agreement
DSME Receives Order from Sendirian Berhad
General Dynamics NASSCO Secures Contract from the US Navy
Fincantieri Rolls Out Cruise for Princess Cruises Lines
Larsen and Toubro to Construct a Ship Building Yard
CACI International Bags Contract from Naval Sea Systems Command
Hanjin Heavy Industries Inks Agreement with AVEVA Marine
DSME Delivers Two Ships to Sovcomflot and Vela
Kawasaki Shipbuilding Launches Santa Theresa Bulk Carrier
Dolphin Offshore Enterprises to Venture into Shipbuilding
DSME to Deliver Semi Submersible Drilling Rig to Odfjell
Keppel FELS Enters into Joint Venture with Jurong Shipyard
Goodearth Maritime to Set up a Shipbuilding Yard
Kawasaki Shipbuilding Supplies a Reimei LPG Carrier to Sherwood Overseas
Northrop Grumman Bags Shipbuilding Contract from the U. S. Navy
Jiangsu New Yangzi Shipbuilding Secures a Shipbuilding Contract from COSCO
ABG Shipyard Receives New Overseas Orders
Electric Boat Bags Contract Modification from the U. S. Navy
SHI Constructs Unique Multidirectional Oil Tanker
Kawasaki Shipbuilding Supplies Celestine River
Todd Pacific Shipyards Enters into a Contract with Washington State Ferries
Carnival Places Order for Two Cruise Ships
Rousse Completes Construction of a 4,500 ton Cargo Ship
Mitsui Engineering & Shipbuilding Supplies MV LADY GIOVI
Mitsui Engineering & Shipbuilding Delivers MV ""BRASIL MARU""
Rolls-Royce Bags Contract from Sinopacific Shipbuilding
Indian Companies to Plunge into Shipbuilding
Electric Boat Receives Contract Modification from the U. S. Navy
Keppel Shipyard Secures Contract from Prosafe Production
Aker Philadelphia Shipyard Enters into Agreement with Aker American Shipping
Hanjin Heavy Industries to Construct a New Shipyard
Fincantieri Launches Queen Victoria for Cunard Line
Vyborg Shipyard JSC Delivers STRIL MARINER
Jinhui Shipping to Buy Two Ore Carriers
Sembawang Shipyard Inks Contract with Equinox
Indian Companies to Expand Shipbuilding Capacity
Detyens Shipyard Obtains Contract from National Oceanic & Atmospheric Administration
DSME Introduces Drillship and PCTC
Bath Iron Works bags Contract from the U. S. Navy
Kawasaki Shipbuilding Delivers LNG Carrier to Maple LNG Transport
SHI Completes Construction of the First Drill Ship
Gulf Copper Ship Repair Receives Contract from the U. S. Navy
Bharati Shipyard Bags Contract from Opielok
Korea Shipyard Signs Contract with AVEVA
Remontowa Bags Ferry Construction Contract
BAE Systems San Diego Ship Repair Secures Contract from Naval Sea Systems Command
Bharati Shipyard Inks JV Agreement with Apeejay Shipping
Kawasaki Shipbuilding Unveils Anna-Elisabeth Bulk Carrier
China Shipping Development and CSSC Guangzhou Longxue Shipbuilding Sign Agreement
Kleven Verft Secures Vessel Delivery Contracts from Siem Offshore
Keppel Singmarine Delivers Supply Vessel to Gulfmark Offshore
Nizhegorodskiy Teplokhod Delivers 6th Hull for Rensen Shipbuilding
Fincantieri Introduces a new Destroyer Vessel for Italian Navy
DSME Obtains Order for Ships from Vela International Marine
Cochin Shipyard Receives Contract from DOF
TTS Ships Equipment Obtains Contract from Odense Steel Shipyard
Keppel Nantong Shipyard Secures Shipbuilding Contracts
Fincantieri Receives an Order for Two New Cruise Lines from Costa Crociere
Fincantieri Introduces Cruise Line for Carnival Cruise Lines
Bharati Shipyard to Form Shipbuilding Yard Joint Venture with Apeejay Shipping
Lotos Shipyard Rolls Out the Hull of New Container Carrier
Astrakhan III International Shipyard to Deliver Dry Cargo Ship for Rensen Shipbuilding BV
Bharati Shipyard Bags Order from Shipping Corporation of India
Konecranes Secures Contract for Goliath Gantry Cranes
Fincantieri Enters into an Agreement with Cunard Line
Everett Shipyard Receives Contract from the U. S. Navy
Fincantieri Unveils “Super Star” Cruise Liner to Tallink
DSME Delivers Gang-Gam-Chan
JURONG Shipyard to Form JV with WTorre
Shipping Corp. of India Orders Ten New Ships
Rolls-Royce Buys Seaworthy Systems
ABG Shipyard Bags Order from Bereederungsgesellschaft H Vogemann
Electric Boat Wins Contract from the U. S. Navy
Thoresen Shipping Signs Contract with Vietnam Shipbuilding Industry Group
COSCO Shipyard Group Obtains Contracts for Building Bulk Carriers
ABG Shipyard Receives Order from Essar Shipping & Logistics
Rensen Shipbuilding Inks Shipbuilding Contract with Zelenodolsk Plant
Cargotec Secures Order for Supplies to Cargo Vessels
Reliance To Set Up Ship Building and Dredging Companies
BAE Systems San Diego Ship Repair Obtains Contract from the U. S. Navy
Globus Maritime to Acquire a Panamax Bulk Carrier
HHIC Secures Order for 5 Container Ships
RK HDW Gaarden Launches Maruba Europe
Wartsila-Hyundai Engines to Build Dual-Fuel Engines
Ningbo Shipyard Bags a Contract from Global Carriers
DSME Establishes Ship Block Factory
Larsen and Toubro Bags a Contract with RollDock
General Dynamics NASSCO Commences Building of a New Line of Ships
General Dynamics NASSCO Signs Shipbuilding Agreement with the U. S. Navy
SHI Bags Orders from Stena Company
Standard Marine & Ship Repair Bags Contract from the U. S. Department of Homeland Security
Built Environs and McConnell Dowell Secure Contract
General Dynamics NASSCO Secures Contract from the U. S. Navy
Samsung Heavy Industries to Build New Block Assembly Factory
Muhibbah Marine Engineering Bags Contract from Tanjung Kapal Services
NicoCraft Rolls Out Nemo
Kawasaki Shipbuilding Unveils Anna-Maria Bulk Carrier
Punj Lloyd Signs MOU with Pipavav Shipyard
Keppel Launches New Shipyard in Nantong
Bharati Shipyard Receives Contract from UP Offshore
ASC Shipyard Selects Hansen Yuncken for Adelaide Shipyard Expansion
Hanjin Heavy Industries & Construction Group to Split
Daewoo Shipbuilding Rolls out Two Vessels
HHI Constructs LPG Carrier for Bergesen
Rolls-Royce Signs Contract with UK Ministry of Defense
Everett Shipyard Secures Contract from the U. S. Navy
DSME Introduces First LNGC Vessel for KLC
ABG Shipyard Secures Order from Precious Shipping
ASL Shipyard Obtains Major Shipbuilding Contract
China Oilfield to Acquire New Marine Support Vessels
Standard Marine Secures Contract from U. S. Department of Homeland Security
Clough Enrolls New Ship to Fleet
AVEVA Wins Contract from SLS Shipbuilding
Northrop Grumman Wins Contract from the U. S. Navy
DSME Launches H. 2250 at RD#3
Gujarat NRE to Buy Ships from Japanese Shipyard
SHI Completes Building the World’s Biggest LNG Carrier
Fincantieri Unveils ‘Sagar Nidhi’ for the National Institute of Ocean Technology
Bharati Shipyard Secures Order from Sea Cargo Skips
SLS Shipbuilding Secures Order from MISC
STX Shipbuilding Secures Order from Middle East Company
Kawasaki Shipbuilding Supplies BW Broker LPG Carrier
Kawasaki Shipbuilding Supplies Tamagawa VLCC
Third International Shipyard Introduces the Hull for Rensen Shipbuilding
Wartsila CME Zhenjiang Propeller to Establish Propeller Plant
SHI Expands Ningbo Ship Block Factory
Fincantieri Launches a Ferry for Grimaldi Group
Standard Marine & Ship Repair Secures Contract from the U. S. Department of Transportation
Sovcomflot and Novorossiysk Ship Repair Yard Sign Agreement
Changrong Steel, Jiangsu Xinrong Shiprepair and CSSC Chengxi Shipyard Sign Contract
BAE Systems Norfolk Ship Repair Receives Contractfrom the U. S. Navy
COSCO Secures Contract from Chengxi Shipyard
Bharati Shipyard and Great Offshore Sign Contract
Jiangsu Eastern Shipyard Secures Contract to Build Oil Tankers
Odessos Shiprepair Yard to Buy Floating Dock
Rolls-Royce Secures Contract from OSM Schiffahrt
Bharati Shipyards Wins Contract from Offshore Shipping I
Fincantieri Unveils The Ventura
MacGregor Obtains Contract from Cosco Dalian Shipyard
Kawasaki Shipbuilding unveils Orient Phoenix Bulk Carrier
Tsuneishi Shipbuilding Introduces Wave Power Yacht
Rolls-Royce Bags Contract from Ezra Holdings
Bharati Shipyard Secures Contract from Man Ferrostaal
Kawasaki Shipbuilding Corp. Delivers Crude oil Carrier to Gios Maritima
Hanjin Heavy Industries Receives Order of Eight Post-Panamax Container Carrier and Several New Projects
China Shipbuilding Industry Receives Contract from Hebei Ocean Shipping
CSSC Delivers Ship to Stenersen
CSSC Receives Contract from Stenersen
DSME Bags Contract from T&H and NV
Hindustan Shipyard Delivers Good Princess to Goodearth Maritime
General Dynamics NASSCO Commences Manufacturing of 7th T-AKE Ship
DSME Receives Order from Liberty Maritime
Gulf Copper Ship Repair Receives Contract from U. S. Army
SWECO AB Bags Contract from Aker Yards
Aker Yards Secures Contract from Royal Caribbean Cruises
Hanjin Heavy Industries Establishes New Facility
Aker Yards Bags Contract from Aker Capital
The Union Territory of Lakshadweep and Colombo Dockyard Ink Agreement
Jurong Shipyard Secures Contract from SeaDrill
Standard Marine & Ship Repair Obtains Contract from the Dept. of Homeland Security
Rolls- Royce and University of Manchester Establishes New Testing Facility
Mitsui Engineering & Shipbuilding Supplies MV NSS HONESTY
DSME and DMHI Obtains Orders for 16 Ships
Bharati Shipyard Snaps Up Assets of Swan Hunter Shipyard
Larsen & Toubro Plans to Establish a Ship Building Yard
ABG Shipyard Secures Shipbuilding Contract
Hartmann Group Orders Supply Vessels from Fincantieri
Aker Yards and MSC Cruises Sign Contract
Kawasaki Shipbuilding Unveils KT Venture Bulk Carrier
Standard Marine & Ship Repair Bags Order
ASL Marine Holdings Receives Major Contracts
CSSC and Shanghai Baosteel Group to Invest in Shipbuilding
Hanjin Heavy Industries & Construction Receives Order from Danaos
Fincantieri Inks Agreement with Oceania Cruises
Fincantieri Signs Agreement with Silversea Cruises
Kawasaki Shipbuilding Delivers Crude oil Carrier to Colnago Maritima
Chengxi Shipyard Company Receives Contract from Hongkong Huaguang
Diana Purchases A Dry Bulk Carrier
MacGREGOR Enters into Joint Venture with Vietnam Shipbuilding Industry Group
Jinhui Holdings to Acquire a Supramax Ship
Todd Pacific Shipyards Wins Contract from the Military Sealift Fleet Support
American Commercial Lines Buys Assets from McKinney
Pelican Offshore Services Bags Shipbuilding Contract
Fincantieri Delivers Carnival Freedom to Carnival Group
Abu Dhabi Ship Building Clinches Contract from UAE Naval Forces
Coastal Offshore Secures Contract for 7 Offshore Support Vehicles
General Dynamics NASSCO Receives Contract from the U. S. Navy
Kawasaki Shipbuilding Launches Bulk Carrier
Daewoo Mangalia Heavy Industries Signs Contract with Hamburg Sud
Todd Pacific Shipyards Bags Contract from Military Sealift Fleet Support Command
Fincantieri Partners with Turkish Yard
ABG Shipyard Bags Shipbuilding Order from Pacific First Shipping
DSME to Undertake Facility Expansion
Daewoo Shipbuilding & Marine Engineering Enters into Joint Venture to Form NIDAS
Fincantieri Signs Agreement with Carnival Corporation
Bath Iron Works Bags Contract from the U. S. Navy
Bach Dang Ship Building Unveils Golden Falcon
Northrop Grumman Bags Shipbuilding Contract from the U. S. Navy
Boustead Holdings to Buy Sites from PSC Asset Holdings
Tuticorin Port Trust to Construct Ship Building Yard
BAE Systems Bags Ship Overhaul Contract from the U. S. Navy
Eidesvik Enters Into Alliance with Ulstein Verft for Building SX121 Ship
Atlantic Marine Alabama Wins C-9 Conversion Contract from Matson Navigation
Wartsila Bags Order from Chinese Shipyards
Wartsila, Mitsubishi Heavy Industries and China Shipbuilding Industry to Form a Joint Venture
ODIM Signs Contract with Shipyard
VT Halter Wins Contract from the US Navy
Indian Navy to Increase Fleet Size
Hyundai Bags a Mammoth Order from CMA-CGM
Santierul Naval Orsova to Upgrade Technology
TBS International to Purchase Two Bulk Carriers
Hyundai Completes Slipway Construction and Announces Expansion
Pipavav Shipyard Secures Order from Europe
Hyundai Bags Order from China
Todd Pacific Shipyards Secure Contract from the U. S. Navy
Standard Marine & Ship Repair Bags Contract from the U. S. Department of Homeland Security
Norilsk Nickel Receives Contract from Aker MTW Werft
Todd Shipyards Obtains the U. S. Navy Repair Contract
Daewoo Shipbuilding Wins Contracts from Gebab Holding and Conti Holding
Nam Trieu Shipbuilding Launches Colossal Cargo Vessel
Northrop Grumman Receives Ship Modification Contract
BAE Systems Secures Repair Contract from the U. S. Navy
Sonatrach Petroleum Enters into Joint Venture with Kawasaki Shipbuilding
Acergy Signs Pact with DOFCON
Aker Yards and Damen Shipyards to Form Joint Venture
Keppel Shipyard Bags Conversion Contract
BAE Systems Norfolk Ship Repair Secures Contract from the U. S. Navy
Sovkomflot Signs Agreement with Admiralty Shipyards
Saigon Shipbuilding Unveils Vien Dong 5 Ship
Technip Inks Contract with Geo ASA
ISOICO Signs Agreement with Venezuela
Gulf Copper Ship Repair Bags Contract from the U. S. Navy
Larsen & Toubro Receives Contract from Zadeko Ship Management
Bath Iron Works Secures Contract from the U. S. Navy
Song Thu Inks Contract with Damen Group
Caspian Services Inks MoU with Nico International and Kazmortransflot
Quickstep Holdings to Purchase Flatout Boats
Damen Shipyards Obtains Contract from Istanbul Deniz Otobusleri
Ship Finance International to Buy Five Container Vessels
Northrop Grumman Ship Systems Secures Contract from the U. S. Navy
New Century Shipbuilding and AVEVA Sign Contract
Northrop Grumman Ship Systems Bags Contract from the Defense Department
Sanwa Dock Invests in Ship Repair Dock
Samsung Heavy Industries and Marine and Heavy Engineering to Form Joint Venture
SembCorp Marine to Invest in Cosco Shipyard
Phu Yen Seafood Opens Shipbuilding Factory
Bulyard Shipbuilding Industries to Spend on Upgrades in Varna Shipyard
Keppel Shipyard Receives Contract from Golar LNG
Alstom and Aker Yards to Form Joint Venture
Sembawang Shipyard Secures Contract from Bergesen
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