Shipbuilding
Ezra, Triyards Spin-off
Ezra Holdings is to spin-off its shipyard subsidiary as early as next month. It intends to distribute up to 107.2m shares in Triyards Holdings, on the basis of one Triyards share for every 10 Ezra shares. Ezra will retain a controlling stake of...
2012-09-05 06:24:37
"No more losing bargains!"
Many Chinese shipyards have been stronger in price competitiveness since global financial crisis in 2008, in order to secure works, however, they recently start to refuse loss-making bargains. According to brokers, many Chinese shipbuilders with s...
2012-09-05 06:02:48
Hakodate 32K BC resale
Japan's Sanko Steamship, which is currently going through company rehabilitation procedure, has decided to resale a newbuilding handysize bulker. The newbuilding is 31,570-dwt Sanko Vega, to be completed at a compatriot yard Hakodate Dock. Tai...
2012-09-05 05:57:53
Nam Cheong wins OSV pair
Nam Cheong has bagged an order to build a pair of accommodation work barges for a compatriot oil company, Perdana Petroleum, with a deal worth $59m in total. These newbuildings, 100 meter in length, will have the capacity to accommodate 300 peopl...
2012-09-04 07:29:35
Cancellations rise in China
The number of cancelled newbuilding contract from shipyards located in Shandong, China, keeps growing. For instance, Rongcheng Xixiakou Shipyard's 12,500-dwt multi purpose carrier, won by Spliethoff of the Netherlands in June 2006, had been cancel...
2012-09-04 06:36:43
CSBC mulls diversification
Taiwan's CSBC is in review of business diversification into engineering, offshore and shiprepair sectors, amid shrinking newbuilding demand. Regarding ship repair business, CSBC plans to buy overseas shiprepair yard. The shipbuilder had not ink...
2012-09-04 06:33:56
Taizhou Sanfu nets supramaxes
China’s Taizhou Sanfu Ship Engineering has won additional supramax bulkers. The country's Guangdong Lanyue Energy Development has reportedly booked a further pair of 51,000-dwt bulkers at the shipyard after contracting four such vessels in April...
2012-09-03 07:28:42
Namura wins 34K BCs
Japan's Namura Shipbuilding has won an order for four 34,000-dwt fuel-efficient bulkers. Taiwan's Wisdom Marine revealed that it has ordered the handysize bulkers for $21m apiece on average. Wisdom Marine is aiming to own a fleet of 100 vessels...
2012-09-03 07:23:51
Boxship orders to triple
Newbuilding containership orders are expected to triple year-on-year in 2013. Macro Report analyst Philippe Hoehlinger said “Historical observations have proved that shipping lines start to order significantly when the orderbook represents close...
2012-09-03 07:20:01
KEPCO to order 7 capes
Korea Electric Power Corporation (KEPCO) is to launch a bidding for a newbuilding charter for seven capesize bulkers. The state-owned utility is about to issue a formal tender next month. The Korean corporation is now coming under ever increasing...
2012-08-31 11:15:07
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