Fincantieri wins superyacht [Shipbuilding]
In a significant boost for Fincantieri, the Italian state-owned shipbuilder has snapped up a firm order for a superyacht at its Muggiano yard near La Spezia, foreign media reports. The 140 m vessel, the second for the recently established Fincant...
2009-12-21 07:31:09
Capesize to see 30% delivery slippage [Shipping]
"How many Capesize bulker newbuildings are going to be actually completed?" That's the biggest source of concern for those associated with the global bulker market. Statistical data put the number of such completions in 2010 at 321 or nearly equa...
2009-12-21 07:14:36
Russia launches ice-class tanker [Offshore]
Prime Minister Vladimir Putin launched an oil tanker last Friday capable of slicing through over a meter of ice, bringing Russia a step toward its decade-long ambition to launch its first offshore oilfield in the Arctic. State-run Gazprom has delayed...
2009-12-21 07:11:39
CMA CGM new deal: CEO ousted [Finance]
The founder of French container line CMA CGM, Jacques Saade, is moving aside from his CEO role as part of a new deal with creditors, foreign media reports. Saade will become president of the shipowner, with Philippe Soulie, president of constructi...
2009-12-21 07:07:32
China to order 6th LNG carrier [Offshore]
China hopes to nail its sixth and hugely delayed LNG carrier newbuilding in January next year. Officials from China LNG Shipping (Holdings) Co (CLNG) - a joint venture between Cosco and China Merchants that handles LNG shipping for China National ...
2009-12-21 07:01:43
Xiamen to win state-backed orders [Shipbuilding]
Market players are keeping an eye on a newbuilding deal that appears to have been orchestrated under direct orders from Beijing. Foreign media reports that a contract for two supramaxes with an option for two more is due to be signed in the next f...
2009-12-21 06:58:56
Three bidders for Gdynia [Finance]
Three bidders have stepped forward to buy the remaining assets of Poland's Gdynia Shipyard but the outlook seems bleak for the Szczecin yard, foreign media reports. The identities of the Gdynia bidders have not been revealed, although there is spe...
2009-12-21 06:52:44
Rongsheng secures 8 bulkers [Shipbuilding]
A Chinese bank has ordered eight panamax bulkers worth around $272m at Jiangsu Rongsheng Heavy Industries. Sources say Minsheng Financial Leasing Co Ltd has booked the 76,000-dwt bulkers on the back of a long-term bareboat charter to domestic ship...
2009-12-21 06:49:22
Samsung inks four suezmaxes [Shipbuilding]
Stena Bulk of Sweden has ordered up to four 158,000-dwt tankers at Samsung Heavy Industries in South Korea, foreign media reported. The company has signed up for two firm contracts for delivery in the third and fourth quarters of 2011 with option...
2009-12-21 06:45:46
China orderbook No. 1 for 2 months [Shipbuilding]
Chinese shipbuilders, which surpassed South Korean rivals in October for the first time in terms of order backlog, continued to rank first in November. According to Clarkson Research Services data, Chinese orderbook, as of November, stood at 54.7m...
2009-12-21 06:26:11
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