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South Korean shipbuilders ask steelmakers to freeze plate prices

Amid dwindling orders and tough competition, South Korean shipbuilders as represented by the Korea Offshore & Shipbuilding Association called Monday on steelmakers to keep the prices of shipbuilding plates at current levels, until their businesses are ‘back on track’. 

UK’s new polar ship launched

The RRS Sir David Attenborough, the new polar research ship for Britain, was launched into the River Mersey, on Saturday July 14. The ship is being built at Cammell Laird shipyard in Birkenhead, near Liverpool. Once the ship becomes fully operational in late 2019, it  will be operated by British Antarctic Survey

2017 ‘a year of gold’ for global cruise shipbuilding

A new report by ASSONAVE, the association representing the Italian shipbuilding industry, revealed that the cruise sector has had a ‘year of gold’, as 2017 closed with a level of new high orders: 23 ships of over 10,000 CGT compared to 25 in 2016, for a total of 71,200 LB versus 45,162 LB in 2016.

NASSCO dry dock containing a US navy newbuild gives way

A dry dock at the General Dynamics NASSCO gave way suffering a flooding incident on Wednesday night. At the time of the incident, the ‘USNS Miguel Keith’, a new Expeditionary Sea Base (ESB) to join the US Navy’s Military Sealift Command, was at the dock.

Report identifies problems with US Navy new frigate program

In a report by the US Congressional Research Service, questions are raised about the Navy’s process for the next class of frigates. The Navy wants to replace the build programs for the two Littoral Combat Ship variants with a new frigate, the FFG(X). This has become a priority, however the report cites potential oversights that might cause problems. 

UK’s new polar ship ready to launch

The newly construced hull of the ‘RRS Sir David Attenborough’ is now on the Cammell Laird yard in Birkenhead, awaiting to be launched. If the preparations go as planned, the polar ship will slide into the River Mersey on Saturday, July 14. The ship will be probably ready for its official naming ceremony at the end of 2018.

HHI cuts a third of offshore & engineering executives

As part of the continuing downward trend in South Korean shipbuilding industry, HHI, the world’s largest shipbuilder, has cut its workforce in the offshore sector by one third, claiming lack of orders. This comes a month before the shipbuilder is due to suspend work at its offshore division.

EU starts project to support European shipbuilding

The Innovation & Networks Executive Agency of the European Commission signed the Grant Agreement of NAVAIS, which officially started on June, 1 2018. NAVAIS is a research- and innovation program for the shipbuilding industry, which aims to increase efficiency in design and flexibility in production networks.

Mexican Navy builds technologically advanced ocean patrol vessel

The Mexican Navy along with Damen Shipyards will build the Long Range Ocean Patrol (POLA), which will be the most technologically advanced vessel in Latin America. POLA will be 107 metres in length, while it will be able to sail at speeds of up to 25 knots and a capacity of more than 20 days at sea.

Korean shipbuilders struggling to meet 2018 order targets

South Korea’s three biggest shipbuilders are struggling to achieve their order targets for this year, as these were announced in early January 2018. So far in 2018, HHI, the world’s largest shipbuilder, has attained 38% of its annual order target, SHI 28%, and DSME 44% of its annual target.


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