The Chinese shipyards are slowly but surely gaining up on their Korean competitors. The yards in China are currently testing their strength on the ultra large ships, but the shipyards have already achieved a certain degree of success within offshore rigs.
The latest survey by Clarkson shows that order value for the Chinese shipyards from the offshore industry has increased by around 20 percent annually since 2009, with offshore orders reaching a total value of USD 17.3 billion in 2013.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Waiting time is down in port of Shanghai although congestion remains high
The port of Shanghai is slowly returning to normal levels despite congestion still remaining high for this time of year, a report from database VesselsValue shows.
Bimco sets up Brussels office
The shipping organization faces the consequence of the EU having in a short time span manifested itself as the trendsetting international legislator within climate, and establishes an office in Brussels, ShippingWatch learns.
Skuld has passed deadline for terminating business with Sovcomflot
Sanction-hit Russian tanker carrier Sovcomflot is no longer part of Skuld’s insured fleet, ShippingWatch learns. The deadline for ending the customer relationship has passed. Skuld refrains from commenting.
Hunter Group believes in tanker recovery despite Q1 deficit
Hunter Group ended Q1 with a deficit on the bottom line, however, the company still believes in a tanker recovery in the near future.
Toll Group reshuffles management – Thomas Knudsen new chair
Former Maersk executive Thomas Knudsen moves from the position as CEO to chairman of the board at logistics firm Toll Group.
Team Manager 
Senior Finance Business Partner 
Marine Sales Executive - Performance Coatings 
Port Director for the Port of Kolding