Sasebo wins '0' order [Finance]
Sasebo Heavy Industries has seen its sales and profit soar in the first quarter of this fiscal year but it failed to win a single new ship order in the period. The Japanese shipbuilding company reported sales up 115% to JPY 18.1bn ($231m) compared...
2011-07-29 08:33:07
Otto 3rd AHTS canceled [Finance]
Singapore-listed Otto Marine said Norway's Mosvold has cancelled a third anchor handler citing late delivery. The ship, dubbed hull 7049, was due to be handed over on 30 June at the latest, no more than six months after its due delivery date. ...
2011-07-29 08:27:04
MOL adds 5,600TEU newbuilds [Shipping]
Japan's Mitsui OSK Lines is to add ten new containerships built by Hyundai Samho Heavy Industries of South Korea, president Koichi Muto told clients on Thursday. The executive says a series of 5,600-teu newbuildings will replace chartered tonnage...
2011-07-29 08:22:55
Grand China cancels 16 ships? [General]
Grand China Logistics (GCL) may have axed orders for around 10 Capesizes and six VLCCs. Databases appear to show that GCL has about half of the 100-plus vessels under construction at Jinhai Heavy Industries, with most of these orders being signed...
2011-07-29 08:16:07
Pertamina's 2nd LNG-FSRU [Offshore]
Indonesia's Pertamina has invited companies to express their interest in providing what would be the company’s second floating LNG-import terminal. Pertamina is dubbing the project the East-Central Java terminal and plans to locate what is expe...
2011-07-29 08:06:07
Hyundai Mipo wins 56K BCs [Shipbuilding]
New Turkish shipping entrant Aruna Shipping has booked three supramax-bulker newbuildings at South Korea’s Hyundai Mipo Dockyard (HMD). Aruna deputy general manager Cengiz Bekmezci confirms the orders, which are due for delivery in August and N...
2011-07-29 07:58:56
CSIC inks five Pax. [Shipbuilding]
Tianjin Xingang Shipbuilding Heavy Industry has bagged an order for a series of panamax bulkers from a domestic owner. Market players say the CSIC-affiliated state-owned yard has secured an order for five 76,000-dwt ships from Tianjin Guo Dian Sh...
2011-07-29 07:53:31
Hanjin negotiates LNG carrier [Offshore]
Greek Shipowner Tsakos Energy Navigation (TEN) has started discussions with South Korea’s Hanjin Heavy Industries & Construction on LNG-carrier newbuildings. Industry sources say talks with the Korean yard are at the initial stages but indicate...
2011-07-29 07:46:23
Petrobras' 3rd LNG-FSRU [Offshore]
Brazil’s Petrobras is due to make its final recommendations to its board this week on its preferred supplier for a third LNG floating storage and regasification unit (LNG-FSRU). The tender for the so-called VT3 unit are said to be sticking clos...
2011-07-29 07:39:37
Bach Dang ethylene carriers canceled [General]
Synergas of Italy has reportedly cancelled contracts for two ethylene carriers at Bach Dang Shipbuilding Industry Company in Vietnam. The two 4,500-cbm vessels, the Syn Meissa and Syn Mirphak, were supposed to be delivered to the Italian owner la...
2011-07-29 07:34:40
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