Nippon Paint's "One-time coating" [Equipment]
NK announced on 5 January that it approved one-time coating system for ballast tank, as a new substitute system, satisfying IMO's Performance Standard for Protective Coatings (PSPC). The new coating system developed by Nippon Paint Marine Coating ...
2012-01-06 17:16:19
Korea inked 11.6m cgt: Koshipa [Shipbuilding]
South Korean shipbuilders bore fruit of winning 11.63m cgt of new order in 2011. Successful newbuild high-value vessels contracted by major yards did much to make an outstanding result amid troubled shipping market. According to 2011 statistical d...
2012-01-06 14:26:48
Hyundai's 2012 first naming [Shipping]
Hyundai Heavy Industries of South Korea held a New Year's first naming ceremony and took its first step forward delivering 93 newbuildings in 2012. The South Korean shpbuilder celebrated naming the first vessels this year on 6 January at Ulsan yar...
2012-01-06 11:55:47
Hyundai Mipo scores handy [General]
Hyundai Mipo Dockyard has won an order for four handysize bulkers. Newbuilding price is reportedly worth around $92m in total. A yard official says the contract for the 35,000-dwt newbuildings was inked last month and the vessels are slated fo...
2012-01-06 11:11:48
Stena launches MR tender [Shipbuilding]
Stena Bulk and partner Weco Shipping have launched a tender for a series of 52,000-dwt products tankers. Chinese yards Guangzhou Shipyard International (GSI) and Dalian Shipbuilding Industry Co, plus a South Korean builder are reportedly in the r...
2012-01-06 11:06:01
Big4 eye GTT buyout [Equipment]
South Korea's large shipbuilders move forward with organizing consortium to buy France's Gaztransport & Technigaz (GTT). The Korea Shipbuilders' Association leads consortium organization. According to market sources on 5 January, Samsung Heavy Ind...
2012-01-06 10:54:43
STX to win LNG carriers [Shipbuilding]
Russia's Sovcomflot is to declare a pair of optional LNG-carrier newbuildings at STX Offshore & Shipbuilding no later than this month. Industry sources say Sovcomflot is likely to firm up a charter deal on the two so-called Atlanticmax ships with e...
2012-01-06 09:58:52
STX "Fresh orders coming!" [General]
Chairman Kang Duk-Soo, STX Group of South Korea said on 5 January, "Over five newbuildings, including LNG carriers, were already contracted letter of intent. Final newbuilding contracts seem to be firmed up soon." STX made new order target of $15b...
2012-01-06 09:58:40
SBM lands Ichthys turret [Equipment]
SBM Offshore has won a letter of intent from Inpex for an internal turret mooring system to be installed with the large FPSO vessel at the Ichthys LNG project off Western Australia. The deal involves the engineering, procurement and construction ...
2012-01-06 08:26:30
Jinhai delivers 1st VLCC [Shipbuilding]
China's Jinhai Heavy Industry has completed the construction of its first 320,000 dwt VLCC for delivery to a Norwegian shipowner. The VLCC is designed to consume less bunker fuel for higher energy efficiency. The shipyard has a further seven o...
2012-01-06 08:20:30
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