57K BC resale in China [Shipping]
German owner Transeste Schiffahrt is offloading a supramax newbuilding close to completion at China’s Jiangsu Hantong Ship Heavy Industry. The company confirmed that a deal for the 57,000-dwt Wiking is close with Chinese buyers. Brokers said th...
2011-09-30 08:15:31
Tsuneishi builds new yard [General]
Japan's Tsuneishi Shipbuilding is building a new shipyard in Japan’s east coast The family-owned shipbuilder is planning a new yard in the town of Yamada in Iwate prefecture, one of the worst hit regions in March’s massive earthquake and tsuna...
2011-09-30 08:11:13
Awilco mulls Daewoo LNG options [General]
Awilco LNG wins more time to decide on options for two LNG carrier newbuildings at Daewoo Shipbuilding & Marine Engineering (DSME). The Norwegian owner now has several more weeks in which to make a call on whether to go ahead. The company, wh...
2011-09-30 08:06:14
NACKS pens 58K BCs [Shipbuilding]
Chinese owner Jiangsu Ocean Shipping (Josco) continues to expand its fleet with two more newbuilding orders. An official at the Nanjing-based company says Josco has returned to Sino-Japanese yard Nantong Cosco KHI Ship Engineering Co (Nacks) for ...
2011-09-30 08:01:19
CMA CGM eyes 10,000TEU's [Shipping]
French shipowner CMA CGM is in talks with Chinese shipbuilders for a containership order of up to 20 ships worth close to $2bn. Market players say the boxship line has turned to China because of the availability of Chinese financing. CMA CGM ...
2011-09-30 07:57:07
Boxship orders continue [Shipbuilding]
One Greek and two Asian boxship operators have quietly ordered newbuildings at Far East yards. Technomar Shipping of Greece, Pacific International Lines (PIL) and Korea Marine Transport Co (KMTC) have inked in a number of containership deals. ...
2011-09-30 07:49:21
NK pens big BWTS orders [Equipment]
Marine equipment manufacturer NK of South Korea announced on September 29th that it concluded new contract for ballast water treatment system to be equipped on three VLOCs now under newbuilding from Dalian COSCO Shipbuilding Industry in China, after ...
2011-09-30 07:41:41
Daewoo sale accelerates [Finance]
Korea Asset Management Corporation (KAMCO) revealed that it will jointly proceed with Korea Development Bank (KDB) of Daewoo Shipbuilding & Marine Engineering's sale. If the disposal fell through, KAMCO would decide to sell its shares in Daewoo b...
2011-09-30 07:36:49
China fast growth side effects [Equipment]
Chinese shipbuilding industry's rapid quantitative growth hinders its qualitative development. China having sized-up in capacity is brought up on its overall problems in shipbuilding, quality control, worker training and management of human resour...
2011-09-30 07:32:31
Wallenius secures PCC loan [Finance]
Wallenius Lines lands a loan to pay for a car carrier newbuilding on order at Japan's Mitsubishi Heavy Industries. JBIC and Bank of Tokyo Mitsubishi offers the cash to fund the 6,500-vehicle-capacity ship scheduled for delivery in 2012, the owner...
2011-09-30 07:11:41
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