India unveils ambitions to become 'a global leader in shipbuilding'
India is attempting to “play hardball” to become an alternative shipbuilding market, amid the trade ...
South Korean shipyards are in a battle with Chinese rivals, over construction of ultra-large container vessels, that they cannot win .
That was the general consensus among delegates attending the 11th annual World Ocean Forum conference in Busan last week.
In August, South Korea’s largest shipbuilder, Hyundai Heavy Industries (HHI), lost a bid to build a series of nine 22,000 ULCVs for CMA CGM to China’s state-owned yards, Hudong Zhounghua Shipbuilding and Shanghai Waigaoqiao.
The vessels are slated for delivery in 2019 and will overtake OOCL’s ULCVs of 21,413 teu as the ...
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