Hyundai scores two LNG carriers [Offshore]
South Korea's Hyundai Heavy Industries has sealed a new order with Singapore's BW Maritime for two 155,000-cbm LNG carriers worth around $400m. Contract signing was held last Friday in Ulsan. Options to book two additional same-type ships are ...
2011-09-19 06:46:47
IHIMU inks 97K coal carriers [Shipbuilding]
Japanese shipowner, Daiichi Chuo Kisen announced on Sep 16 that it is to place newbuilding orders for three 97,000-dwt coal carriers at IHIMU. With delivery each by June and November 2013 and January 2014, the firm contract will be signed by the e...
2011-09-19 06:38:03
Daewoo's 1st offshore wind vessel [Offshore]
Daewoo Shipbuilding & Marine Engineering of South Korea held a naming ceremony of its first wind turbine installation vessel. Market players said that Daewoo successfully built the first wind turbine installation vessel, 'VICTORIA MATHIAS' in Kore...
2011-09-19 06:33:47
LNG boom continues [Offshore]
Some opposes to forecasts that newbuilding orders for LNG carriers would decrease in 2012 than this year. Lee Suk-Jae, a researcher from Mirae Asset Securities, responded "LNG carrier newbuilding market next year would be as big as 2011, or bigge...
2011-09-19 06:29:20
Korean Yards into Restructuring? [Finance]
South Korea's shipbuilding industry is faced with a risk of another wave of restructuring after the second half, due to a slump in the market. Newbuilding order would be limited to boxship, LNG carrier, offshore plant in H2. Korea Exchange reve...
2011-09-16 12:54:06
Japan newbuild permits 'Up' [Shipbuilding]
Japan's newbuilding permits recorded the third largest volume in history last year as there were massive newbuildings, ordered during the boom. Ministry of Land, Infrastructure, Transport and Tourism reported that newbuilding permit was 437 ships,...
2011-09-16 12:08:51
Hyundai builds Nigeria plant yard [Offshore]
South Korea's Hyundai Heavy Industries recently started the ground work for a new offshore plant equipment manufacturing factory, to be constructed on Brass Island in Niger Delta region, Nigeria. Hyundai and Bayelsa State Government already inked...
2011-09-16 11:45:08
The 8th Shipbuilding & Offshore Day [General]
The biggest shipbuilding event, '8th Shipbuilding & Offshore Day' will be held in Sep 21. During the event, awarding those contributed development of South Korea's shipbuilding and offshore industry. The Korea Shipbuilders' Association said that ...
2011-09-16 11:04:49
HMD-DHSC's Top Engineers [General]
Employees from Hyundai Mipo Dockyard and Daehan Shipbuilding passed South Korea's the highest state-authorized test in shipbuilding, 'Professional Engineer Shipbuilding.' Only three passed this exam in 2011, one from Daehan and the rest from Hyund...
2011-09-16 09:54:36
Golar fixes Samsung LNG newbuild [Shipping]
Golar LNG has reportedly secured a period charter of at least 10 years for one of its newbuilding LNG carriers being built at Samsung Heavy Industries in South Korea. The John Fredriksen-led company, which has eight newbuildings ordered at Samsung...
2011-09-16 08:30:14
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