Daewoo inks more 18,000TEU's [Shipbuilding]
South Korea's Daewoo Shipbuilding & Marine Engineering has scored 10 more 18,000TEU ultra-large containerships. Daewoo president Nam Sant-tae and AP Moller-Maersk president Eivind Kolding signed the contract in Japan on June 27th to build addition...
2011-06-27 14:38:22
Samsung 'Far Ahead' [Offshore]
South Korean shipbuilders had a bumper harvest in the first half of the year and Samsung turned out to be a sole leader. Samsung Heavy Industries signed massive newbuilding orders including colossal LNG-FPSO. The Korea Exchange announced on Jun...
2011-06-27 12:31:31
Hanjin 'Back to Work' [Shipbuilding]
Hanjin Heavy Industries & Construction labor union, which has been requesting withdrawal of massive layoffs for the past 190 days, made a surprise announcement of 'End to general strike and union members' returning to work' in the morning today. T...
2011-06-27 11:42:40
Robot increases shipyard productivity [Equipment]
The maritime industry has often been accused of being slow to catch up when it comes to modern technology. But over the course of the last few years, companies within the industry have made some major innovative breakthroughs. Chariot Robotics, fo...
2011-06-27 07:40:00
Ultra boxship orders continue [Shipping]
The race to order ultra-large containerships as ocean carriers seek lower capital and operating costs will lead to increased rate competition as lines strive to fill their vessels, Alphaliner warned. Carriers are expected to firm up orders for mor...
2011-06-27 07:35:46
Novatek builds new Arctic LNG carrier [Equipment]
Russian gas producer Novatek plans to build a new type of LNG tanker, designed for big-scale year-round shipping in the Arctic. A big number of technology experts and scientists have been included in the process of designing the LNG tanker adjuste...
2011-06-27 07:31:00
Hyundai-Vinashin 37K BC Steel Cutting [Shipbuilding]
On June 24, 2011, at the steel processing shop, Hyundai-Vinashin Shipyard kept good long-term cooperation with D/S Norden A/S, Denmark by organizing Steel Cutting Ceremony for the Hull No. S062 - the 37,000 DWT Bulk Carrier. This is the 5th vessel...
2011-06-27 07:26:23
Korea Line charters VLCC newbuilds [Shipping]
Korea Line has chartered out two VLCC newbuildings for five years each at rates that brokers say will not make a profit for the owner. The 317,000-dwt newbuildings Blue Garnet and Blue Aquamarine, being built by South Korea’s Daewoo Shipbuildin...
2011-06-27 07:24:09
Havyard scores PSV [Offshore]
Havila Shipping has ordered a new platform supply vessel and chartered it long-term to Statoil. The Oslo-listed owner placed the NOK 350m ($64m) order at Havyard Ship Technology in Leirvik. The as yet unnamed 4,700-dwt PSV will join the Norwe...
2011-06-27 07:18:52
Otto one jump ahead [General]
Otto Marine has scored a minor victory in the latest round of its legal battle with Mosvold Supply. Mosvold has lost its attempt to prevent a unit of the Singapore-based shipbuilder from seeking court protection over a late delivery. The Norw...
2011-06-27 07:16:02
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