Shipbuilding
Bergen inks two cruise ferries
Fjord Line has signed up for two new cruise ferries at Norway’s Bergen Group. It will pay EUR 206m ($284m) for the vessels which will hit the water in 2012. A statement says outfitting of the 170 meter duo will be completed at Bergen Group ...
2010-03-18 08:23:54
Pipavav to lose two more orders
France’s Bourbon offshore services group is preparing to cancel two more of the four panamax vessels it has ordered from India’s Pipavav Shipyard. The group, which cancelled a first vessel in January after the yard got behind with the contrac...
2010-03-18 08:19:03
HHI Confirms Five Cancelled
Hyundai Heavy Industries has confirmed the cancellation of orders for five oil tankers worth Won480.2bn ($425m), in what the industry is assuming is belated acknowledgement of a Greek owner’s move some time ago to axe part of a lengthy suezmax buil...
2010-03-18 07:43:31
STX Focuses On Eco-Ship
STX Offshore & Shipbuilding (STX O&S) of Korea is focusing on technologies development to be a leader in 'future eco-friendly shipbuilding' which will be the key determinant of its position in offshore and shipbuilding industry in the future. As ...
2010-03-18 07:18:37
Yards Polarization Widening
There is a growing gap between the rich and poor in shipbuilding industry. Shipbuilding giants resumed taking orders after a long hibernation receiving super-large projects from the beginning of this year, while small and medium-sized shipbuilder...
2010-03-18 07:16:54
SLS Delivers Chemical Pair
Korea’s SLS Shipbuilding announced Wednesday that it has successfully delivered the ‘Stolt Facto’ for Stolt Tankers and the ‘Bunga Bakawali’ for MISC on Monday and Tuesday respectively. The Stolt Facto, delivered on March 15th, is the fi...
2010-03-18 07:12:54
Recovery Forecast From H2
It is expected that Korean shipbuilding giants will begin to recover from the second half of this year after they hit the bottom, who had hardly showed a hint of recovery, while small and medium-sized shipbuilding companies and subcontractors are for...
2010-03-18 07:11:13
Marching To The Poles
Nowadays more and more countries begin to eye on polar exploration. So, the new generation of polar research ship with stronger ice-breaking capacity becomes the focus. In April 2008, Japan launched a new research ship with double-hull. The ship ...
2010-03-17 12:42:29
Significant Resumption of Ordering
South Korean shipbuilders, who had been struggling with tumbling orders due largely to the global financial crunch, are winning bids actively. It especially draws attentions as the major shipbuilding companies are regaining its efforts for winnin...
2010-03-17 08:16:10
Newbuild prices to fall further 15%
Newbuilding prices can be expected to continue to decline this year but the decline should be limited to 10%-15%, Paris-based shipbroker Barry Rogliano Salles has forecast. The broker noted that such a decline would take prices to a new low in th...
2010-03-17 07:35:34
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