Big is beautiful-260 VLCCs on order. Also inside: DSME, Samsung, HHI and Rongsheng
Text and photos: Magne A. Røe, except where otherwise stated.Data: 6 stycznia 2009
Dear Reader,
Shipping has over the past two months entered troubled waters, despite the fact that the shipbuilding industry has never have been as busy as it is today.
Customer service and competence development
Korea has traditionally been a home market for DNV, and there are now close to 400 DNV employees in the country dealing exclusively with the maritime market. In addition, around 20 new DNV employees will be coming on board soon.
Number one for VLCCs
DSME has built 100 of the approximately 500 VLCCs currently in operation worldwide. This translates into an impressive 20 per cent market share, making DSME the world’s number one builder of VLCCs.
A focus on high technology and high value-added ships
Samsung Heavy Industries (SHI) had delivered a total of 593 vessels as at June 30, 2008 and its order book stands at 231 vessels.
Status quo is not an option
Growth is the key for Hyundai Heavy Industries (HHI), as stated in a message aimed at investors from the company’s Vice Chairman & CEO Min Keh-sik and President & CEO Choi Kil-seon: “At HHI, we’ve built a reputation for excellence and integrity over the past 35 years by being the best at what we do.
Thome wins second Asia Ship Manager Award
In celebrating 30 years of shipping based in Singapore, Thome Ship Management CEO Olav Eek Thorstensen has been called to the stage twice over a period of little more than half a year.
Ship repair crunch?
There have been many concerns over the world’s shipbuilding capacity, but for a long time no one seemed to ask whether there is enough shiprepair capacity to maintain such a big and fast growing fleet.
Prestigious double for DNV
Eivind Grøstad was honoured with the Lifetime Achievement Award, while DNV also retained its Best in Class crown at the Lloyd’s List Middle East Awards.
The oil tanker sector
In the oil tanker segment, 2008 will definitely be remembered as one of the best years ever. Despite the recent drop in the market, we may say that oil tankers have never earned as much as they did this year.